Washington, Hunterdon County, New Jersey Property Taxes
Median Washington, NJ effective property tax rate: 2.56%, significantly higher than the national median of 1.02%, but lower than the New Jersey state median of 2.82%.
Median Washington, NJ home value: $320,100
Median annual Washington, NJ tax bill: $8,185, $5,785 higher than the national median property tax bill of $2,400.
How are property taxes in Hunterdon calculated?
Property taxes in Washington, 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 Washington’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Washington, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Washington, Hunterdon County, New Jersey Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.69%
Estimate Property Tax Bill
$8,699
$8,073
Property Tax Rates Across Washington, Hunterdon County, New Jersey
Local government entities are responsible for setting property tax rates, which can differ significantly across the state. This variation occurs because each county calculates its necessary budget to fund services annually and then divides this by the total value of all taxable property within its boundaries. This process determines the property tax rate. Although the setting of tax rates and budgets involves votes and laws, this is essentially how it works each year.
You can compare Washington’s effective property tax rate to other cities in New Jersey and the median property tax rates in New Jersey and the U.S. Washington, located in Hunterdon County, has a median property tax rate of 2.56%, which is considerably higher than the national median of 1.02%. This means property owners in Washington pay a higher percentage of their property's assessed value in taxes compared to the national average. The property tax rate here is also the highest in the state, reflecting the county’s budgetary needs and property values.
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 Washington Tax Rate
2.69%
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 Washington, Hunterdon County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07882 | 2.69% | 2.69% | 2.69% | 2.69% | 2.69% |
Source: Ownwell
Property Tax Assessment Values Across Washington, Hunterdon County, New Jersey
When examining property taxes in Washington, 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 March. 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 Washington.
For example, the median home price in Washington is $320,100, with tax bills ranging significantly across the county. Zip code 07882 has the highest median home price at $320,100.
Property Tax Assessment Values Across Washington, Hunterdon County, New Jersey
Source: Ownwell
$178,200
$350,100
$522,000
Median Washington Market Value
$323,400
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 Washington, Hunterdon County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07882 | $205,400 | $239,100 | $323,400 | $403,950 | $505,900 |
Source: Ownwell
Property Tax Bills Across Washington, Hunterdon County, New Jersey
Property Tax Bills Across Washington, Hunterdon County, New Jersey
Source: Ownwell
$4,631
$8,527
$12,422
Median Washington Tax Bill
$8,676
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 Washington, Hunterdon County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07882 | $5,485 | $6,417 | $8,676 | $10,733 | $13,478 |
Source: Ownwell