Frenchtown, Hunterdon County, New Jersey Property Taxes
Median Frenchtown, NJ effective property tax rate: 2.49%, significantly higher than the national median of 1.02%, but lower than the NJ state median of 2.82%.
Median Frenchtown, NJ home value: $318,450
Median annual Frenchtown, NJ tax bill: $9,119, $6,719 higher than the national median property tax bill of $2,400.
How are property taxes in Hunterdon County calculated?
Property taxes in Frenchtown, NJ are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Frenchtown’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Frenchtown, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Frenchtown, Hunterdon County, New Jersey Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.54%
Estimate Property Tax Bill
$9,530
$8,844
Property Tax Rates Across Frenchtown, Hunterdon County, New Jersey
Local government entities set tax rates, which can vary widely within a state. This variability stems from the annual process where each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is the core of the annual process.
In Frenchtown, Hunterdon County, NJ, the effective property tax rate stands at 2.49%, significantly higher than the national median of 1.02%. In fact, this rate is among the highest in New Jersey. Despite the uniformity of the tax rate across the county, it contrasts sharply with the national landscape, where property tax rates can be much lower. For residents, this means that while the tax rate is consistent locally, it may still feel burdensome compared to other parts of the country. Understanding these differences can help homeowners make informed decisions about property investments and tax appeals.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Frenchtown Tax Rate
2.54%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Hunterdon County Tax Rate
2.72%
Median Effective New Jersey Tax Rate
2.88%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Frenchtown, Hunterdon County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08825 | 2.35% | 2.54% | 2.54% | 2.60% | 2.80% |
Source: Ownwell
Property Tax Assessment Values Across Frenchtown, Hunterdon County, New Jersey
When examining property taxes in Frenchtown, NJ, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Hunterdon County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Hunterdon County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Frenchtown. For example, the median home price in Frenchtown is $318,450, with tax bills ranging significantly across the county. 08825 has the highest median home price at $318,450.
Property Tax Assessment Values Across Frenchtown, Hunterdon County, New Jersey
Source: Ownwell
$178,200
$350,100
$522,000
Median Frenchtown Market Value
$375,200
Median Hunterdon County Market Value
$378,800
Median New Jersey Market Value
$288,200
Median United States Market Value
$235,294
Property Tax Assessment Values Across Frenchtown, Hunterdon County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08825 | $241,150 | $296,075 | $375,200 | $454,625 | $535,990 |
Source: Ownwell
Property Tax Bills Across Frenchtown, Hunterdon County, New Jersey
Frenchtown in Hunterdon County, NJ, has a property tax system that significantly impacts homeowners. Property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. Frenchtown's median home price is $318,450, and the tax rate is applied to this assessed value to calculate the tax bill. The median property tax bill in Frenchtown is $9,119, which is significantly higher than the national median of $2,400. This higher tax bill can be attributed to the state's property tax rate, which is among the highest in the country.
Homeowners in Frenchtown can face tax bills ranging from $7,275 at the 25th percentile to $13,295 at the 90th percentile, depending on their property's assessed value. Ownwell offers valuable services to help homeowners in Frenchtown reduce their property tax bills. By providing expert guidance on property tax appeals and exemptions, Ownwell can assist homeowners in ensuring their property is fairly assessed, potentially lowering their tax burden and saving them money.
Property Tax Bills Across Frenchtown, Hunterdon County, New Jersey
Source: Ownwell
$4,631
$8,527
$12,422
Median Frenchtown Tax Bill
$9,530
Median Hunterdon County Tax Bill
$10,258
Median New Jersey Tax Bill
$8,638
Median United States Tax Bill
$2,400
Property Tax Bills Across Frenchtown, Hunterdon County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08825 | $6,158 | $7,522 | $9,530 | $11,532 | $13,575 |
Source: Ownwell