08825 Property Tax Rate

Property owners in ZIP code 08825 (Frenchtown, New Jersey) pay a median of $10,001/year in property taxes on homes valued at $471,800. This translates to an effective tax rate of 2.12%, which is 4% above the New Jersey state average of 2.04%.

The monthly property tax burden for a median-valued home in 08825 is approximately $833, which factors into escrow payments on mortgages. This ZIP code is located within Hunterdon County. This is $1,404 more than the New Jersey average of $8,597/year.

Compared to similar ZIP codes in New Jersey, 08825 has lower property taxes. ZIP codes with similar effective rates include 08015 (2.12%) and 08826 (2.12%).

In Frenchtown, property taxes represent approximately 9.5% of the median household income of $104,750, providing context for the relative tax burden on homeowners in this area.

New Jersey has no statewide property tax cap; Hunterdon County assessments are locally determined and reassess at market value at sale with unrestricted annual growth potential. 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 claim with the Hunterdon County Tax Board by June 1 to receive credits. Register your principal residence with the Hunterdon County Assessor within 30 days of purchase to establish your baseline assessment.