08618 Property Tax Rate
Trenton, New Jersey · Part of Mercer County
Effective Tax Rate
2.87%
29.3% below state avgMedian Annual Tax
$6,074
$506/mo escrow
Estimate Your Tax
Annual Tax
$6,074
Monthly
$506
Eff. Rate
2.87%
Buyer decision brief
What ZIP 08618 means for your housing budget
Use this ZIP page to compare recurring tax burden before you compare listing prices. The numbers below are Census ZCTA estimates, so they are strongest for neighborhood comparison and weakest for parcel-specific tax planning.
Monthly escrow signal
$506/mo
Based on median annual tax paid
State context
0.82 percentage points above the New Jersey average
New Jersey average: 2.04%
Data confidence
High confidenceThe Census margin of error is $336, about 6% of the median tax estimate.
Verify before you offer
- Confirm parcel assessed value with Mercer County assessor.
- Check homestead, senior, veteran, and disability exemptions.
- Ask whether purchase triggers reassessment or value-cap reset.
- Review school district and special assessment boundaries.
Lower-rate similar ZIPs
This is informational content, not tax, legal, or mortgage advice. Local assessor records remain the source of truth for a specific property.
Data confidence ledger
Can you trust ZIP 08618 for comparison?
ACS vintage
2019-2023 ACS 5-Year Estimates
Five-year Census ZCTA estimates.
ZCTA caveat
Census area, not parcel boundary
USPS ZIP routes and taxing districts can differ inside the same area.
Field completeness
3/3 required fields
Median tax, home value, and derived rate are present.
MOE status
Strong ACS confidence
$336 tax MOE, 6% of the median tax estimate.
Last site refresh
March 10, 2026
Dataset and page-quality audit run locally before publication.
County fallback
County advisory available
Mercer County is used for assessor verification and broader context.
Tax bill anatomy
What can change your actual bill in ZIP 08618
Use the ZIP estimate to compare neighborhoods, then verify these parcel-level inputs before relying on a payment estimate.
Assessed value
The ZCTA median home value is $211,800, but your bill starts with the local assessed value for a specific parcel.
Effective rate
The displayed rate is 2.87%, derived from median tax paid divided by median home value.
Exemptions
Homestead, senior, veteran, disability, and local exemptions can reduce taxable value. Confirm eligibility before estimating escrow.
Reassessment
A purchase can change assessed value depending on New Jersey and county rules. Ask how sale price affects the next assessment cycle.
Escrow impact
The median tax paid in this ZCTA equals about $506 per month before insurance, HOA dues, or special assessments.
Assessor verification
Mercer County assessor or tax collector records are the source of truth for parcel taxes, appeal windows, and exemptions.
How ZIP 08618 Compares
Median Annual Property Tax
ZIP 08618
2.87%
Effective rate
New Jersey Avg
2.04%
Effective rate
National Avg
1.10%
Effective rate
State Ranking
Property Tax Rank in New Jersey
Higher than 91% of ZIP codes in New Jersey(91th percentile, 559 ZIPs compared)
Property Tax Analysis
Property Tax Insights for ZIP 08618
Property owners in ZIP code 08618 (Trenton, New Jersey) pay a median of $6,074/year in property taxes on homes valued at $211,800. This translates to an effective tax rate of 2.87%, which is 40% above the New Jersey state average of 2.04%.
The monthly property tax burden for a median-valued home in 08618 is approximately $506, which factors into escrow payments on mortgages. This ZIP code is located within Mercer County. This is $2,523 less than the New Jersey average of $8,597/year.
Compared to similar ZIP codes in New Jersey, 08618 has higher property taxes. ZIP codes with similar effective rates include 07502 (2.86%) and 08086 (2.86%).
In Trenton, property taxes represent approximately 12.6% of the median household income of $48,179, providing context for the relative tax burden on homeowners in this area.
New Jersey has no statewide property tax cap; Mercer County assessments are locally determined and reassess at fair market value at sale with no guaranteed annual increase cap. The Homestead Benefit Program offers tax relief for primary residences with household income ≤$150,000 (or ≤$75,000 for seniors and disabled applicants) — file your application with the Mercer County Tax Board by June 1 annually. Contact the Mercer County Assessor within 30 days of closing to file your principal residence declaration and establish your baseline assessed value.
Frequently Asked Questions
What is the property tax rate in ZIP code 08618?
How much are property taxes in Trenton, NJ (08618)?
How does ZIP 08618 compare to the New Jersey average?
What is the median home value in ZIP 08618?
What county is ZIP code 08618 in?
Margin of Error
The median property tax estimate for this ZIP code has a margin of error of ±$336. ZCTA-level data has wider margins than county-level estimates due to smaller sample sizes.
County-Level Data
ZIP code 08618 is part of Mercer County, New Jersey. View the full county profile for broader context and more data.
View Mercer County on TaxByCounty →Explore Trenton, NJ
View all 11 ZIP codes in Trenton with property tax comparisons.
View Trenton Property Tax Rates →Why compare these ZIPs?
Better comparison set for ZIP 08618
Each ZIP highlights a homebuyer tradeoff: lower rate, stronger value context, shared county rules, city boundary changes, or nearby missing data.
08691
Trenton, NJ
0.96 percentage points lower than ZIP 08618.
Rate
1.91%
Tax
$10,001
Quality
89
08690
Trenton, NJ
0.47 percentage points lower than ZIP 08618.
Rate
2.40%
Tax
$8,692
Quality
101
08610
Trenton, NJ
0.34 percentage points lower than ZIP 08618.
Rate
2.53%
Tax
$6,295
Quality
101
08619
Trenton, NJ
0.33 percentage points lower than ZIP 08618.
Rate
2.53%
Tax
$8,127
Quality
101
08620
Trenton, NJ
0.31 percentage points lower than ZIP 08618.
Rate
2.56%
Tax
$8,738
Quality
101
08638
Trenton, NJ
0.16 percentage points lower than ZIP 08618.
Rate
2.71%
Tax
$6,144
Quality
101
08628
Trenton, NJ
0.07 percentage points lower than ZIP 08618.
Rate
2.79%
Tax
$10,001
Quality
89
08609
Trenton, NJ
0.04 percentage points lower than ZIP 08618.
Rate
2.83%
Tax
$2,737
Quality
96
Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates (ZCTA level). ZIP Code Tabulation Areas (ZCTAs) are Census approximations of USPS ZIP codes.
Estimates are informational only and should not be used as financial or legal advice.