Mercer County, New Jersey
Hopewell Borough, N.J. Property Tax Rate 2026
Official 2025 Division of Taxation rates for Hopewell Borough. The general rate is per $100 of assessed value. A sale price is not an assessed value.
- General tax rate
- 3.498
- Effective tax rate
- 2.545
- Equalization ratio
- 72.76%
per $100 assessed
per $100 market value
assessed ÷ market, from the two rates
Example tax bills
Approximation using the effective rate. The general rate is applied to the equalized assessment, not the sticker price.
- $500,000 market value → assessed about $363,779 → about $12,725/year
- $750,000 market value → assessed about $545,669 → about $19,088/year
Hopewell Borough market report · Homes for sale in Hopewell Borough · All NJ tax rates
Get Instant Price-Drop & New Listing Alerts in Hopewell Borough
Tell us when a Hopewell Borough home hits the market or drops in price. Free buyer alerts.
What's Your Hopewell Borough Home Worth in 2026?
Get a seller valuation for your Hopewell Borough home using recent sales and local tax data.
Questions about Hopewell Borough taxes
What is the property tax rate in Hopewell Borough, NJ?
The official 2025 general tax rate in Hopewell Borough (Mercer County) is 3.498 per $100 of assessed value. The effective tax rate is 2.545 per $100 of market value.
What is the effective tax rate in Hopewell Borough?
Hopewell Borough's effective tax rate is 2.545. That rate already converts market value into an approximate tax bill. The general rate applies only to assessed value.
How much is property tax on a $500,000 home in Hopewell Borough?
Using the equalization ratio of 72.76%, a $500,000 market value is about $363,779 assessed. The approximate annual tax is $12,725, which is $500,000 times the effective rate of 2.545 per $100.
How do I appeal my Hopewell Borough property assessment?
Enter your Hopewell Borough address on this page. Garden State AI compares the assessment with recent sales under NJ Chapter 123 and, when the numbers support it, prepares the appeal packet.
Source: 2025 General Tax Rates, NJ Division of Taxation. Rates are not a legal opinion and do not include exemptions.