Mine Hill, Morris County, New Jersey Property Taxes
Property Taxes in Mine Hill, New Jersey
Median Mine Hill, New Jersey effective property tax rate: 2.93%, significantly higher than the national median of 1.02%, and higher than the New Jersey state median of 2.88%.
Median Mine Hill, New Jersey home value: $268,600
Median annual Mine Hill, New Jersey tax bill: $7,864, $5,464 higher than the national median property tax bill of $2,400.
How are property taxes in Morris calculated?
Property taxes in Mine Hill, 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 Mine Hill's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Mine Hill, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Mine Hill, Morris County, New Jersey Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.93%
Estimate Property Tax Bill
$7,870
$7,303
How Does the Mine Hill Property Tax Calculator Work?
Use this Mine Hill property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Mine Hill's median effective tax rate of 2.93% — based on actual property records in Morris County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment process uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Mine Hill'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 Mine Hill: rates range from 2.93% in 07803 to 2.93% in 07803, 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 Mine Hill.
About Mine Hill Property Taxes
About Property Taxes in Mine Hill, Morris, New Jersey
Mine Hill’s median effective property tax rate of 2.93% is higher than the New Jersey state median of 2.88% and higher than the national median of 1.02%. This rate reflects the Morris County levy, along with local school district levies and special assessment districts that can vary by subdivision throughout the city.
Property tax rates are not uniform across Mine Hill. Homeowners in the 07803 ZIP code carry a median effective rate of 2.93%, while the lowest ZIP code is also 07803 at 2.93%. That means the local tax burden is shaped more by assessed value and county-level levies than by ZIP-code variation.
Mine Hill 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 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 Mine Hill, 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 Mine Hill'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 Mine Hill Tax Rate
2.93%
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 Mine Hill, Morris County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07803 | 2.93% | 2.93% | 2.93% | 2.93% | 2.93% |
Source: Ownwell
Property Tax Assessment Values Across Mine Hill, Morris County, New Jersey
When examining property taxes in Mine Hill, 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:
In Morris County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of February.
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 Mine Hill.
For example, the median home price in Mine Hill is $268,600, with tax bills ranging significantly across the county. 07803 has the highest median home price at $268,600.
Property Tax Assessment Values Across Mine Hill, Morris County, New Jersey
Source: Ownwell
$222,300
$851,800
$1,481,300
Median Mine Hill Market Value
$268,600
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 Mine Hill, Morris County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07803 | $226,080 | $243,200 | $268,600 | $305,300 | $364,780 |
Source: Ownwell
Property Tax Bills Across Mine Hill, Morris County, New Jersey
Property tax bills in Mine Hill are based on the assessed value of a home and the local tax rate set for Morris County. When a home’s market value rises, the assessed value can increase as well, which often leads to a higher bill. Local budgets, school funding, and municipal services all play a role in determining the final amount homeowners owe.
For Mine Hill homeowners, the typical property tax bill is $7,864, which is well above the national median property tax bill of $2,400 and reflects a higher-than-average local tax burden. With a median home price of $268,600, many residents see taxes take a significant share of housing costs.
Property tax bills can vary widely across the city, with the 25th percentile at $7,125 and the 75th percentile at $8,913. That range shows how differences in assessed value and local tax calculations can affect what homeowners pay each year.
Median Mine Hill Tax Bill
$7,864
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 Mine Hill, Morris County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07803 | $6,612 | $7,125 | $7,864 | $8,913 | $10,641 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | April 1 |
Links | |
|---|---|
| Morris Tax Assessor | |
| Website | mcweb1.co.morris.nj.us |