Bound Brook property tax, in one number.
The typical Bound Brook homeowner pays $9,303 a year on a $397,100 home. That's above the New Jersey rate (2.11%) and well above the U.S. rate (0.94%).
Estimate my taxBound Brook at a glance
Five numbers that shape a typical property tax bill here.
Property tax calculator
Enter a home value to see a typical yearly bill at Bound Brook's average effective rate, or pick another area.
- Mortgage holders pay more.Homes with a mortgage paid a median $9,496, versus $8,882 for homes owned outright, often because they're newer, higher-value or more recently reassessed.
- Share of income.The median bill equals about 10.3% of the median household income of $90,571.
The data, charted
Effective rate compared
Owners vs renters
Cities in Somerset County
Bound Brook compared
| Area | Median tax | Home value | Rate |
|---|---|---|---|
| Bound Brook | $9,303 | $397,100 | 2.34% |
| Somerset County | $10,000+ | $552,100 | 1.81%+ |
| New Jersey | $9,590 | $454,400 | 2.11% |
| United States | $3,119 | $332,700 | 0.94% |
Other cities in Somerset County
Effective property tax rates nearby.
Nearby
- Somerset County1.81%+ · $10,000+
- North Plainfield2.67%+ · $10,000+
- Manville2.42% · $8,589
- Somerville2.30%+ · $10,000+
- Hillsborough2.01% · $8,736
- Somerset1.87% · $8,224
- Franklin Park1.85% · $6,216
- Bradley Gardens1.66% · $9,067
- The Hills1.40% · $8,066
- Martinsville1.39%+ · $10,000+
- Blackwells Mills1.36%+ · $10,000+
- Bernardsville1.26%+ · $10,000+
- Basking Ridge1.17%+ · $10,000+
- Mercer County2.36% · $8,909
- Middlesex County2.10% · $9,712
- Hunterdon County1.93%+ · $10,000+
- Union County1.89%+ · $10,000+
- Morris County1.72%+ · $10,000+
Good to know
What is the property tax rate in Bound Brook?
The effective rate is about 2.34%. The median homeowner pays $9,303 a year on a home worth a median $397,100 (ACS 2020–2024). The legal tax rates set by each taxing unit are different numbers; the effective rate is what owners actually pay as a share of value.
How much is property tax on a $400,000 home in Bound Brook?
About $9,360 a year, or roughly $780 a month, at Bound Brook's average effective rate of 2.34%. Homestead, senior, veteran or other exemptions can lower the real bill, and a recent purchase or reassessment can raise it.
Why is my bill different from this estimate?
Your bill depends on your home's assessed value from the municipal tax assessor, the exact taxing units where you live (county, city, school district, special districts) and any exemptions you get. These figures are medians across all owner-occupied homes, not a bill for any address.
How current is this data?
It comes from the U.S. Census Bureau's American Community Survey 5-year estimates for 2020–2024, the latest release. Homeowners report the taxes they paid, so the numbers lag current bills by one to two years. We update the site when the Census Bureau publishes new estimates each December.
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