Kinnelon, Morris County, New Jersey Property Taxes
Property Taxes in Kinnelon, New Jersey
Median Kinnelon, New Jersey effective property tax rate: 2.84%, significantly higher than the national median of 1.02%, and slightly lower than the New Jersey state median of 2.88%.
Median Kinnelon, New Jersey home value: $537,600
Median annual Kinnelon, New Jersey tax bill: $15,178, higher than the national median property tax bill of $2,400.
How are property taxes in Morris calculated?
Property taxes in Kinnelon, New Jersey 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 Kinnelon's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Kinnelon, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Kinnelon, Morris County, New Jersey Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.84%
Estimate Property Tax Bill
$15,268
$14,168
How Does the Kinnelon Property Tax Calculator Work?
Use this Kinnelon property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Kinnelon's median effective tax rate of 2.84% — based on actual property records in Morris County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment system uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Kinnelon's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Kinnelon: rates range from 2.84% in 07405 to 2.84% in 07405, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Kinnelon.
About Kinnelon Property Taxes
About Property Taxes in Kinnelon, Morris, New Jersey
Kinnelon’s median effective property tax rate of 2.84% is lower than the New Jersey state median of 2.88% and higher than the national median of 1.02%. This rate reflects the Morris County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Kinnelon. Homeowners in the 07405 ZIP code carry a median effective rate of 2.84%, while those in the lowest ZIP code pay 2.84%. This spread reflects how school district boundaries and local assessment districts are drawn across Morris County. Understanding which part of Kinnelon you live in can make a meaningful difference to your annual tax bill.
Kinnelon homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before the April 1, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Kinnelon, Morris County, New Jersey
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.
While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Kinnelon’s effective property tax rate to other cities in New Jersey and the median property tax rates in New Jersey and the U.S.
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 Kinnelon Tax Rate
2.84%
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 Morris County Tax Rate
2.60%
Median Effective New Jersey Tax Rate
2.88%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Kinnelon, Morris County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07405 | 2.84% | 2.84% | 2.84% | 2.84% | 2.84% |
Source: Ownwell
Property Tax Assessment Values Across Kinnelon, Morris County, New Jersey
When examining property taxes in Kinnelon, New Jersey, 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 Morris County tax assessor 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.
Assessment notices are sent in February each year in Morris County, and they typically reach your mailbox by the middle of the month.
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. For example, the median home price in Kinnelon is $537,600, with a median tax bill of $15,178. Tax bills range from $11,765 at the 25th percentile to $25,778 at the 90th percentile, far above the national median property tax bill of $2,400.
Property Tax Assessment Values Across Kinnelon, Morris County, New Jersey
Source: Ownwell
$222,300
$851,800
$1,481,300
Median Kinnelon Market Value
$537,600
Median Morris County Market Value
$411,600
Median New Jersey Market Value
$288,200
Median United States Market Value
$235,294
Property Tax Assessment Values Across Kinnelon, Morris County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07405 | $329,840 | $415,650 | $537,600 | $704,450 | $911,900 |
Source: Ownwell
Property Tax Bills Across Kinnelon, Morris County, New Jersey
Kinnelon property tax bills are based on the assessed value of a home and the local tax rate set by the city, county, and school district. The tax bill is determined by multiplying the assessed value by the applicable tax rate, so homes with higher assessed values generally face higher bills. In Kinnelon, the median home price is $537,600, and the median tax bill is $15,178, which is well above the national median property tax bill of $2,400 and the national median property tax rate of 1.02%.
Several factors affect what homeowners pay, including changes in market value, local budgets, and the amount of tax revenue needed to fund public services. Bills can vary widely, with the 25th percentile at $11,765 and the 75th percentile at $19,859. For homeowners, this means property taxes can represent a significant ongoing housing cost and may rise as assessed values or local tax rates increase.
Median Kinnelon Tax Bill
$15,178
Median Morris County Tax Bill
$10,340
Median New Jersey Tax Bill
$8,638
Median United States Tax Bill
$2,400
Property Tax Bills Across Kinnelon, Morris County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07405 | $9,285 | $11,765 | $15,178 | $19,859 | $25,778 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | April 1 |
Links | |
|---|---|
| Morris Tax Assessor | |
| Website | mcweb1.co.morris.nj.us |