Hewitt, Passaic County, New Jersey Property Taxes
Median Hewitt, NJ effective property tax rate: 3.99%, significantly higher than the national median of 1.02%, but lower than the New Jersey state median of 2.82%.
Median Hewitt, NJ home value: $218,000
Median annual Hewitt, NJ tax bill: $8,405, $6,005 higher than the national median property tax bill of $2,400.
How are property taxes in Passaic calculated?
Property taxes in Hewitt, 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 Hewitt’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Hewitt, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Hewitt, Passaic County, New Jersey Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
4.08%
Estimate Property Tax Bill
$8,960
$8,314
Property Tax Rates Across Hewitt, Passaic County, New Jersey
Local government entities are responsible for setting tax rates, which can vary significantly within a state. This is because each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. While there are votes and laws involved in setting tax rates and budgets, this is the annual process in a nutshell.
In Hewitt, located in Passaic County, New Jersey, the effective property tax rate is notably high compared to other cities in New Jersey and the national median. The median property tax rate in Hewitt stands at 3.99%, which is significantly higher than the national median of 1.02%. This places Hewitt among the cities with the highest property tax rates in the state. Such high rates can be attributed to the local government’s budgetary needs and the total assessed value of properties in the area. Understanding these rates can help property owners in Hewitt make informed decisions about their property tax appeals and exemptions.
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 Hewitt Tax Rate
4.08%
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 Passaic County Tax Rate
4.90%
Median Effective New Jersey Tax Rate
2.88%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Hewitt, Passaic County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07421 | 4.07% | 4.08% | 4.08% | 4.08% | 4.08% |
Source: Ownwell
Property Tax Assessment Values Across Hewitt, Passaic County, New Jersey
When examining property taxes in Hewitt, 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 Passaic 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 Passaic 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 Hewitt.
For example, the median home price in Hewitt is $218,000, with tax bills ranging significantly across the county. 07421 has the highest median home price at $218,000.
Property Tax Assessment Values Across Hewitt, Passaic County, New Jersey
Source: Ownwell
$158,100
$271,100
$384,100
Median Hewitt Market Value
$219,600
Median Passaic County Market Value
$228,800
Median New Jersey Market Value
$288,200
Median United States Market Value
$235,294
Property Tax Assessment Values Across Hewitt, Passaic County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07421 | $134,600 | $170,600 | $219,600 | $277,900 | $365,540 |
Source: Ownwell
Property Tax Bills Across Hewitt, Passaic County, New Jersey
Median Hewitt Tax Bill
$8,945
Median Passaic County Tax Bill
$10,419
Median New Jersey Tax Bill
$8,638
Median United States Tax Bill
$2,400
Property Tax Bills Across Hewitt, Passaic County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07421 | $5,485 | $6,952 | $8,945 | $11,345 | $14,840 |
Source: Ownwell