How much are property taxes in Bound Brook Borough, NJ?

Name: Property taxes in Bound Brook Borough, NJ, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

Homeowners in Bound Brook Borough, NJ pay a median of $9,303 (±$410) a year in real estate taxes (2020–2024 American Community Survey, table B25103).

Homes with a mortgage pay a median of $9,496.

Homes without a mortgage pay a median of $8,882.

That is about 2.3% of the median home value of $397,100.

In Bound Brook Borough, the median real estate tax went from $8,329 in 2015–2019 to $9,303 in 2020–2024 (+11.7%).

Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.

Figures last updated on November 12, 2026.

Median real estate taxes: $9,303 (±$410)
With a mortgage: $9,496
Without a mortgage: $8,882
Share of median value: 2.3%

Real estate taxes in Bound Brook Borough against Somerset County, its state and the nation

Median real estate taxes paid a year, estimate (90% margin of error)
	Bound Brook Borough	Somerset County	New Jersey	United States
Median real estate taxes	$9,303 (±$410)	$10,000 or more	$9,590 (±$25)	$3,119
Homes with a mortgage	$9,496 (±$468)	$10,000 or more	$9,741 (±$29)	$3,489
Homes without a mortgage	$8,882 (±$715)	$10,000 or more	$9,313 (±$48)	$2,576
Median home value	$397,100 (±$20,438)	$552,100 (±$7,374)	$454,400 (±$1,150)	$332,700

In Bound Brook Borough, the median real estate tax is not measurably different from New Jersey ($9,590).

It is higher than the national figure ($3,119).

In Somerset County, Bound Brook Borough ranks 15 of 21 places with a published estimate, from highest to lowest median real estate taxes.

Statewide, it ranks 291 of 561.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Taxes as a share of home value in Bound Brook Borough

The median tax ($9,303) is 2.3% of the median home value ($397,100).

Across New Jersey it is 2.1%.

This is a ratio of two medians, a rough effective rate: not the tax rate or mill rate the town, county or school district sets, and not any one home’s bill.

Owners report what they paid and what they think their home is worth; the assessor’s office publishes the actual rates and assessments.

How property taxes in Bound Brook Borough have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median real estate taxes	$8,329 (±$323)	$9,303 (±$410)	+11.7%	Down after inflation
Median home value	$273,700 (±$9,862)	$397,100 (±$20,438)	+45.1%	Up after inflation
Median owner cost with a mortgage	$2,212 (±$154)	$2,692 (±$132)	+21.7%	No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median real estate taxes in places near Bound Brook Borough

Nearest places with a published estimate, compared with Bound Brook Borough
Place	Distance	Median real estate taxes	Compared with this place
Bound Brook Borough	—	$9,303 (±$410)	—
South Bound Brook Borough	1.1 mi	$8,709 (±$168)	Lower
Finderne	2.0 mi	$7,148 (±$729)	Lower
Middlesex Borough	2.1 mi	$10,000 or more	—
Franklin Center	2.5 mi	$10,000 or more	—
Martinsville	3.2 mi	$10,000 or more	—
Manville Borough	3.3 mi	$8,589 (±$291)	Lower
Weston	3.7 mi	$9,793 (±$711)	Not measurably different
Somerville Borough	3.7 mi	$10,000 or more	—

Nearby places with a measurably lower figure: South Bound Brook Borough, NJ ($8,709), Finderne, NJ ($7,148), Manville Borough, NJ ($8,589).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median real estate taxes across Somerset County, place by place

Rank	Place	Median real estate taxes
1 (tie)	Peapack and Gladstone Borough	$10,000 or more
1 (tie)	Rocky Hill Borough	$10,000 or more
1 (tie)	Somerville Borough	$10,000 or more
1 (tie)	Warren Township	$10,000 or more
1 (tie)	Watchung Borough	$10,000 or more
14	Far Hills Borough	$9,544 (±$597)
15	Bound Brook Borough	$9,303 (±$410)
16	Raritan Borough	$9,024 (±$380)
17	Millstone Borough	$8,849 (±$164)
18	South Bound Brook Borough	$8,709 (±$168)
19	Manville Borough	$8,589 (±$291)
20	Franklin Township (Somerset County)	$8,498 (±$241)
21	Bedminster Township	$5,911 (±$664)

Showing 13 of 21 places in Somerset County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Bound Brook Borough

One account for renting, owning, managing and fixing homes, with these figures beside you.

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Bound Brook Borough beside you.

Create a landlord account · See what landlords get

Looking for a place to rent?

Browse homes for rent near Bound Brook Borough, save the ones you like and apply online.

Browse rentals · Create a renter account

Do repairs, renovations or maintenance?

Get found by owners and renters near Bound Brook Borough, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Bound Brook Borough

How much are property taxes in Bound Brook Borough?

The median real estate tax paid by homeowners in Bound Brook Borough, NJ is $9,303 (±$410) a year (2020–2024 American Community Survey).

What is the property tax rate in Bound Brook Borough?

The Census Bureau does not publish tax rates; as a rough guide, the median tax paid is 2.3% of the median home value in Bound Brook Borough, and the actual rate is set by the town, county and school district.

Have property taxes in Bound Brook Borough gone up?

In Bound Brook Borough, the median real estate tax went from $8,329 in 2015–2019 to $9,303 in 2020–2024 (+11.7%).

Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.

Are property taxes in Bound Brook Borough higher than in Somerset County?

In Bound Brook Borough, the median real estate tax is not measurably different from New Jersey ($9,590).

It is higher than the national figure ($3,119).

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Bound Brook borough, Somerset County, New Jersey (county subdivision:06790, in state:34 county:035).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25103_001E, B25103_001M, B25077_001E, B25077_001M, B25088_002E, B25088_002M from the 2019 release.

The API needs a free key.

Request a Census API key.

B25103_001E, B25103_001M, B25103_002E, B25103_002M, B25103_003E, B25103_003M, DP04_0089E, DP04_0089M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.