08085 Property Tax Rate

Property owners in ZIP code 08085 (Swedesboro, New Jersey) pay a median of $9,735/year in property taxes on homes valued at $351,000. This translates to an effective tax rate of 2.77%, which is 36% above the New Jersey state average of 2.04%.

The monthly property tax burden for a median-valued home in 08085 is approximately $811, which factors into escrow payments on mortgages. This ZIP code is located within Gloucester County. This is $1,138 more than the New Jersey average of $8,597/year.

Compared to similar ZIP codes in New Jersey, 08085 has higher property taxes. ZIP codes with similar effective rates include 08035 (2.77%) and 08096 (2.77%).

In Swedesboro, property taxes represent approximately 7.1% of the median household income of $137,028, providing context for the relative tax burden on homeowners in this area.

New Jersey has no statewide property tax cap; Gloucester County assessments are determined locally and may increase each year without statutory limitation. The Homestead Benefit Program provides tax credits for primary residences with household income ≤$150,000 (or ≤$75,000 for seniors and disabled applicants) — apply to the Gloucester County Tax Board by June 1 to receive annual relief. Contact the Gloucester County Assessor within 30 days of closing to file your principal residence declaration and confirm your baseline assessed value.