Highland Lakes, Sussex County, New Jersey Property Taxes
Property Taxes in Highland Lakes, New Jersey
Median Highland Lakes, New Jersey effective property tax rate: 2.39%, significantly lower than the national median of 1.02%, and lower than the New Jersey state median of 2.88%.
Median Highland Lakes, New Jersey home value: $282,200
Median annual Highland Lakes, New Jersey tax bill: $6,729, higher than the national median property tax bill of $2,400.
How are property taxes in Sussex calculated?
Property taxes in Highland Lakes, 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 Highland Lakes's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Highland Lakes, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Highland Lakes, Sussex County, New Jersey Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.39%
Estimate Property Tax Bill
$6,745
$6,259
How Does the Highland Lakes Property Tax Calculator Work?
Use this Highland Lakes property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Highland Lakes's median effective tax rate of 2.39% — based on actual property records in Sussex County — to generate your estimate.
Enter your property's estimated assessed value — the figure used to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Highland Lakes'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 Highland Lakes: rates range from 2.39% in 07422 to 2.39% in 07422, 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 Highland Lakes.
About Highland Lakes Property Taxes
About Property Taxes in Highland Lakes, Sussex, New Jersey
Highland Lakes has a median effective property tax rate of 2.39%, which is lower than the New Jersey state median of 2.88% and higher than the national median of 1.02%. This rate reflects the Sussex 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 Highland Lakes. Homeowners in the 07422 ZIP code carry a median effective rate of 2.39%, while those in the lowest ZIP also pay 2.39%. Understanding which part of Highland Lakes you live in can make a meaningful difference to your annual tax bill.
The median home price is $282,200, and the median annual property tax bill is $6,729, which is $4,329 higher than the state tax bill difference provided. If you believe your assessed value is too high, you can file a formal appeal with the Tax Assessor before the April 1, 2026 deadline after notices go out in February.
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 Highland Lakes, Sussex 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 Highland Lakes'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 Highland Lakes Tax Rate
2.39%
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 Sussex County Tax Rate
2.89%
Median Effective New Jersey Tax Rate
2.88%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Highland Lakes, Sussex County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07422 | 2.27% | 2.32% | 2.39% | 2.52% | 2.53% |
Source: Ownwell
Property Tax Assessment Values Across Highland Lakes, Sussex County, New Jersey
When examining property taxes in Highland Lakes, 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 Sussex 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 Sussex 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 Highland Lakes.
For example, the median home price in Highland Lakes is $282,200, with tax bills ranging significantly across the county. 07422 has the highest median home price at $282,200.
Property Tax Assessment Values Across Highland Lakes, Sussex County, New Jersey
Source: Ownwell
$171,600
$294,725
$417,850
Median Highland Lakes Market Value
$282,200
Median Sussex County Market Value
$254,000
Median New Jersey Market Value
$288,200
Median United States Market Value
$235,294
Property Tax Assessment Values Across Highland Lakes, Sussex County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07422 | $193,520 | $238,800 | $282,200 | $327,400 | $407,160 |
Source: Ownwell
Property Tax Bills Across Highland Lakes, Sussex County, New Jersey
Property tax bills in Highland Lakes are based on the assessed value of a home and the local tax rate set by taxing authorities in Sussex County. When a property’s market value rises, the assessed value can increase as well, which may lead to a higher bill. For homeowners, that means the amount owed each year can change even if the home itself has not been sold.
The median home price in Highland Lakes is $282,200, and the median property tax bill is $6,729. That is well above the national median property tax bill of $2,400 and the national median property tax rate of 1.02%. Tax bills in the area also vary widely, with the 25th percentile at $5,679, the 75th percentile at $7,875, and the 90th percentile at $9,880. This range shows how property taxes can have a significant impact on household budgets.
Property Tax Bills Across Highland Lakes, Sussex County, New Jersey
Source: Ownwell
$4,323
$7,475
$10,627
Median Highland Lakes Tax Bill
$6,729
Median Sussex County Tax Bill
$7,164
Median New Jersey Tax Bill
$8,638
Median United States Tax Bill
$2,400
Property Tax Bills Across Highland Lakes, Sussex County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07422 | $4,584 | $5,679 | $6,729 | $7,875 | $9,880 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | April 1 |
Links | |
|---|---|
| Sussex Tax Assessor | |
| Website | www.sussex.nj.us |