08314 Property Tax Rate

Property owners in ZIP code 08314 (Delmont, New Jersey) pay a median of $5,630/year in property taxes on homes valued at $203,400. This translates to an effective tax rate of 2.77%, which is 35% above the New Jersey state average of 2.04%.

The monthly property tax burden for a median-valued home in 08314 is approximately $469, which factors into escrow payments on mortgages. This ZIP code is located within Cumberland County. This is $2,967 less than the New Jersey average of $8,597/year.

Compared to similar ZIP codes in New Jersey, 08314 has lower property taxes. ZIP codes with similar effective rates include 08344 (2.77%) and 08096 (2.77%).

New Jersey has no statewide property tax cap; Cumberland County assessments are set locally and may increase annually without state restriction, with reassessment at sale. The Homestead Benefit Program provides property tax credits for households earning ≤$150,000 (or ≤$75,000 for seniors and disabled homeowners) on primary residences — apply to the Cumberland County Tax Board by June 1 each year. Register with the Cumberland County Assessor within 30 days of purchase to file your principal residence declaration and confirm your baseline assessment.