08205 Property Tax Rate

Property owners in ZIP code 08205 (Absecon, New Jersey) pay a median of $6,205/year in property taxes on homes valued at $263,300. This translates to an effective tax rate of 2.36%, which is 15% above the New Jersey state average of 2.04%.

The monthly property tax burden for a median-valued home in 08205 is approximately $517, which factors into escrow payments on mortgages. This ZIP code is located within Atlantic County. This is $2,392 less than the New Jersey average of $8,597/year.

Compared to similar ZIP codes in New Jersey, 08205 has higher property taxes. ZIP codes with similar effective rates include 07852 (2.35%) and 07011 (2.36%).

In Absecon, property taxes represent approximately 7.0% of the median household income of $88,636, providing context for the relative tax burden on homeowners in this area.

New Jersey has no statewide property tax cap; Atlantic County assessments are set locally and reassess at fair market value upon sale with unrestricted annual growth potential. The Homestead Benefit Program provides property tax credits for households earning ≤$150,000 (or ≤$75,000 for seniors and disabled homeowners) on primary residences — file your application with the Atlantic County Tax Board by June 1 each year. Register with the Atlantic County Assessor within 30 days of purchase to document principal residence status and lock in your initial assessment.