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Home Living in Delran Property Taxes

Delran Property Taxes

Everything you need to know about property taxes in Delran. Current rates, how your tax bill is calculated, the appeal process, exemptions, and how Delran stacks up against nearby towns.

Taxes

Property Taxes in Delran: An Overview

Like most of New Jersey, property taxes in Delran are above the national average. However, Delran's tax rates are competitive with other Burlington County communities and often lower than towns closer to Philadelphia. Understanding how property taxes work is essential for anyone buying a home or already living in Delran.

Property taxes are the primary way that Delran Township funds essential services. Your tax dollars go to the Delran Township School District, municipal services like police and fire protection, public works, parks, and Burlington County government. The school district typically accounts for the largest portion of the bill.

For a broader look at the Delran housing market and how taxes affect homeownership, visit the Delran Real Estate Market page or the Living in Delran guide.

By the Numbers

Delran Property Tax Facts

Based on the most recent data from the New Jersey Division of Taxation.

3.816%

General Tax Rate (2024)

2.552%

Effective Tax Rate

$8,073

Average Residential Tax Bill

~$398,000

Median Home Value

Understanding Your Bill

How Your Property Tax Is Calculated

Property taxes in Delran are calculated using a simple formula: your property's assessed value multiplied by the tax rate.

Assessed Value vs. Market Value. The assessed value is the value assigned to your property by the Burlington County tax assessor. In New Jersey, assessments are typically a fraction of the actual market value. The tax rate is then applied to the assessed value, not what your home would sell for.

The Tax Rate. Delran's general tax rate of 3.816% is expressed as a percentage of the assessed value. The effective tax rate of 2.552% accounts for the ratio of assessed value to market value and gives a more accurate picture of the actual tax burden.

Example calculation: A home assessed at $200,000 with a general tax rate of 3.816% would have an annual tax bill of approximately $7,632 ($200,000 x 0.03816). If that same home had a market value of $300,000, the effective rate would be about 2.54%.

How to Read Your Tax Bill

1. Property Information

Your property address, block and lot number, and owner name.

2. Assessed Value

The value of your land and improvements as determined by the tax assessor.

3. Tax Rate

The rate per $100 of assessed value, broken down by municipal, school, and county portions.

4. Total Tax Due

The total annual tax amount, shown as quarterly payments due in February, May, August, and November.

5. Breakdown by Entity

How much goes to the school district, the municipality, and Burlington County.

6. Payment Record

A history of payments made and any outstanding balance.

Appeals

Tax Appeal Process: Step by Step

If you believe your property is over-assessed, you have the right to appeal. Here is how the process works in Burlington County.

1

Review Your Assessment

Check your property tax assessment notice from the Burlington County Board of Taxation. This notice shows your assessed value and the current tax rate.

2

Determine if You Have Grounds

Common grounds for appeal include: your assessment is higher than the actual market value of your home, the assessment is unequal compared to similar properties, or your property was assessed at a higher ratio than the township average.

3

Gather Supporting Evidence

Collect recent comparable sales of similar homes in your neighborhood, a professional appraisal, or a broker price opinion from a licensed real estate agent. Bob Millaway can help with this.

4

File Your Appeal

File a petition with the Burlington County Board of Taxation. The form is available on the Burlington County website. Include your evidence and the required filing fee.

5

Attend Your Hearing

The County Board of Taxation will schedule a hearing. You can represent yourself or hire a tax appeal attorney. Present your evidence and make your case.

6

Await the Decision

The Board will issue a decision. If approved, the adjustment is typically applied to the next tax year. If denied, you can appeal to the New Jersey Tax Court.

Important deadline: Tax appeals must be filed by April 1st of the current tax year, or 45 days after the bulk mailing of assessment notices, whichever is later.

Need Help with an Appeal? Ask Bob
Savings

Tax Exemptions and Relief Programs

Delran homeowners may qualify for several tax relief programs.

Senior Freeze Program

For residents 65+ who meet income requirements. Reimburses the increase in property taxes from a base year. Must have lived in NJ for at least 10 years.

Veterans Deduction

$250 annual deduction for qualified wartime veterans. 100% exemption available for certain disabled veterans and surviving spouses. Apply through the Delran Tax Collector.

Homestead Benefit

New Jersey provides a property tax credit to eligible homeowners through the Homestead Benefit program. Eligibility is based on income and residency requirements.

Senior & Disabled Deduction

Additional deductions of up to $250 for seniors aged 65+ and persons with disabilities who meet income limits. Contact the Burlington County Board of Taxation.

Comparison

Delran vs. Nearby Towns

How Delran's property taxes compare to other Burlington County communities.

Town General Rate Effective Rate Avg. Tax Bill
Delran 3.816% 2.552% $8,073
Cinnaminson 3.477% 2.463% $7,892
Delanco 3.411% 2.361% $6,415
Eastampton 3.224% 2.411% $7,045
Edgewater Park 3.353% 2.805% $6,783
Burlington Twp 2.928% 2.067% $6,785
Moorestown 3.121% 2.486% $12,045
Mount Laurel 2.678% 2.196% $7,313

Source: New Jersey Division of Taxation, 2024 data.

Your Investment

What Your Property Taxes Fund

Understanding where your tax dollars go helps you appreciate the value you receive as a Delran homeowner. Your property tax bill is divided among three main entities.

School District

The largest portion. Funds salaries, programs, facilities, and operations for the Delran Township School District, serving approximately 2,900 students.

Municipal

Funds police and fire protection, public works, parks and recreation, trash collection, and general township administration.

Burlington County

Funds county roads, courts, health services, parks (like Pennington Park), and other county-wide services.

Tax Savings

Tax Deductions for Homeowners

Homeownership comes with several federal tax benefits that can reduce your overall tax burden.

Mortgage Interest Deduction

Interest paid on your mortgage (up to $750,000 of debt) is deductible on your federal income taxes. This is the single biggest tax benefit of homeownership.

Property Tax Deduction

State and local taxes (SALT), including property taxes, are deductible up to $10,000 per year on your federal return. This applies to married couples filing jointly.

Home Improvement Deductions

Energy-efficient improvements (solar panels, energy-efficient windows, heat pumps) may qualify for federal tax credits worth up to 30% of the cost.

Capital Gains Exclusion

When you sell your primary residence, you can exclude up to $250,000 ($500,000 for married couples) of capital gains from your income, provided you have lived in the home for 2 of the last 5 years.

This information is for educational purposes only. Consult a qualified tax professional for advice specific to your situation.

Advice

Tips for Managing Property Taxes

Practical advice for Delran homeowners.

Know Your Due Dates

Delran property taxes are due quarterly: February 1, May 1, August 1, and November 1. A grace period is typically allowed until the 10th of each month. After that, interest and penalties may apply.

Review Your Assessment Annually

Check your assessment notice every year. Even if you do not appeal, knowing your assessed value helps you understand your tax bill and plan for the future.

Track Comparable Sales

Keep an eye on sale prices of similar homes in your neighborhood. If market values in your area have declined, your assessment may be too high.

Ask Questions Early

If you have questions about your assessment or tax bill, contact the Delran Tax Collector or the Burlington County Board of Taxation before the appeal deadline.

Questions

FAQs About Delran Property Taxes

Common questions about property taxes in Delran.

How are property taxes calculated in Delran?
Property taxes are calculated by multiplying your property's assessed value by the town's tax rate. For example, a home assessed at $300,000 with a general tax rate of 3.816% would pay approximately $11,448 in annual taxes. The effective rate accounts for the ratio of assessed value to market value.
What is the difference between assessed value and market value?
Assessed value is the value assigned to your property by the Burlington County tax assessor for tax purposes. Market value is what your home would actually sell for on the open market. In New Jersey, assessments are typically a fraction of market value. The tax rate is then applied to the assessed value, not the market value.
How do I read my Delran property tax bill?
Your tax bill shows the assessed value of your property, the tax rate, and the total amount due. It breaks down the tax by municipality, county, and school district. Delran property taxes are typically due quarterly in February, May, August, and November. Contact the Delran Tax Collector at (856) 461-7734 for specific questions about your bill.
When is the deadline to file a tax appeal in New Jersey?
The deadline to file a tax appeal in New Jersey is April 1st of the current tax year, or 45 days after the bulk mailing of assessment notices, whichever is later. For appeals based on a property's tax exemption status, you have 90 days. It is important to act quickly once you receive your assessment notice.
What are common reasons to appeal your property tax assessment?
Common reasons include: your assessed value is higher than the actual market value of your home, your assessment is higher than similar properties in your neighborhood (unequal assessment), or there has been a decline in property values in your area that has not been reflected in your assessment.
Is there a senior freeze program in New Jersey?
Yes, New Jersey offers a Property Tax Freeze (Senior Freeze) program for residents aged 65 or older who meet income requirements. This program reimburses eligible homeowners for the increase in property taxes from a base year. You must have lived in New Jersey for at least 10 years and meet the income limit.
Are there veterans tax exemptions in Delran?
Yes, New Jersey offers a $250 annual deduction from property taxes for qualified veterans who served during specified wartime periods. There is also a 100% property tax exemption for certain disabled veterans and surviving spouses. Contact the Delran Tax Collector for application forms and eligibility requirements.
How do Delran property taxes compare to other towns?
Delran's property taxes are generally in the middle range compared to nearby Burlington County communities. The effective tax rate of 2.552% is lower than some neighboring towns but higher than others. The average residential tax bill of $8,073 is competitive, especially compared to higher-tax towns like Moorestown where the average bill exceeds $12,000.
What do my property taxes fund in Delran?
Your property taxes fund the Delran Township School District (the largest portion), municipal services (police, fire, public works, parks, and administration), and Burlington County government services (roads, courts, health services, and county parks). The school district typically accounts for about 50-60% of the total tax bill.
Can I pay my property taxes through my mortgage?
Yes, many Delran homeowners pay their property taxes through an escrow account as part of their monthly mortgage payment. Your lender collects the tax payment and pays it on your behalf when taxes are due. This is typically required by lenders when you have a mortgage with a down payment of less than 20%.

Have Questions About Your Taxes?

Bob Millaway has helped over 600 families navigate the Delran housing market. If you have questions about property taxes, assessments, or the appeal process, he can connect you with the right resources.