Rate Breakdown

Property taxes in Hudson County are calculated by multiplying the assessed value (minus exemptions) by the total local millage rate.

How Property Tax Works in Hudson County

In Hudson County, property taxes are determined by a combination of your property’s assessed value and the local tax rate, often referred to as the millage or tax rate. Each year, municipal tax assessors determine the "fair market value" of your property. This assessment is intended to reflect what the property would sell for in an open market. Once the total assessed value for the municipality is established, the local government, school districts, and county administration calculate the budget requirements. The tax rate is then derived by dividing the total amount of money needed by the total assessed value of all taxable property in the jurisdiction. It is important to note that your final tax bill is the product of your specific property assessment multiplied by the aggregate tax rate of your municipality.

Available Exemptions

New Jersey offers several property tax relief programs designed to assist specific groups of homeowners in reducing their overall tax burden. Eligibility requirements for these programs are strictly regulated by the state:

• Senior Freeze (Property Tax Reimbursement): This program reimburses eligible senior citizens and disabled persons for property tax increases on their principal residence.
• Senior Citizen/Disabled Person Deduction: An annual deduction of $250 from property taxes is available to homeowners aged 65 or older, or those who are permanently and totally disabled, provided they meet specific income limits.
• Veteran Deductions: Honorably discharged veterans or their surviving spouses may be eligible for an annual $250 property tax deduction.
• 100% Disabled Veteran Exemption: Veterans who have a service-connected disability that is deemed 100% permanent and total by the U.S. Department of Veterans Affairs are typically exempt from paying property taxes on their primary residence.

Payment Schedule & Deadlines

Property taxes in New Jersey are collected on a quarterly basis. Payments are due on the first of February, May, August, and November. Municipalities typically provide a grace period of up to ten days for payments to be received. If your payment is not received by the end of the grace period, interest will be charged from the original due date. Consistent failure to pay property taxes can result in the accrual of significant penalties and, eventually, the sale of a municipal tax lien on your property. It is recommended to check with your specific municipal tax collector’s office to confirm the exact grace period and available payment methods, such as online portals or direct mail.

Appealing Your Assessment

If you believe your property has been over-assessed compared to similar properties in your neighborhood, you have the right to file an appeal. In Hudson County, appeals must be filed with the County Board of Taxation by April 1st of the tax year. The burden of proof lies with the homeowner; therefore, you must provide credible evidence, such as comparable sales (comps) of similar properties or a recent professional appraisal, to support your claim that your assessment is inaccurate. The board will review your evidence during a formal hearing before rendering a decision.