How much are property taxes in Peapack and Gladstone Borough, NJ?
Homeowners in Peapack and Gladstone Borough, NJ pay a median of $10,000 or more a year in real estate taxes (2020–2024 American Community Survey, table B25103).
Homes with a mortgage pay a median of $10,000 or more.
Homes without a mortgage pay a median of $10,000 or more.
Figures last updated on .
- Median real estate taxes
- $10,000 or more
- With a mortgage
- $10,000 or more
- Without a mortgage
- $10,000 or more
Real estate taxes in Peapack and Gladstone Borough against Somerset County, its state and the nation
| Peapack and Gladstone Borough | Somerset County | New Jersey | United States | |
|---|---|---|---|---|
| Median real estate taxes | $10,000 or more | $10,000 or more | $9,590 (±$25) | $3,119 |
| Homes with a mortgage | $10,000 or more | $10,000 or more | $9,741 (±$29) | $3,489 |
| Homes without a mortgage | $10,000 or more | $10,000 or more | $9,313 (±$48) | $2,576 |
| Median home value | $868,800 (±$51,688) | $552,100 (±$7,374) | $454,400 (±$1,150) | $332,700 |
How property taxes in Peapack and Gladstone Borough have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $680,900 (±$43,381) | $868,800 (±$51,688) | +27.6% | No measurable change after inflation |
| Median owner cost with a mortgage | $3,564 (±$459) | $3,944 (±$299) | +10.7% | 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 Peapack and Gladstone Borough
| Place | Distance | Median real estate taxes | Compared with this place |
|---|---|---|---|
| Peapack and Gladstone Borough | — | $10,000 or more | — |
| Far Hills Borough | 2.4 mi | $9,544 (±$597) | — |
| Bedminster | 2.9 mi | $8,956 (±$760) | — |
| Bernardsville Borough | 3.4 mi | $10,000 or more | — |
| Bedminster Township | 3.4 mi | $5,911 (±$664) | — |
| Chester Township | 4.5 mi | $10,000 or more | — |
| Mendham Borough | 4.6 mi | $10,000 or more | — |
| The Hills | 4.6 mi | $8,066 (±$1,523) | — |
| Basking Ridge | 5.1 mi | $10,000 or more | — |
None of the nearby places differs measurably from this one on this figure.
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) | Branchburg Township | $10,000 or more |
| 1 (tie) | Bridgewater Township | $10,000 or more |
| 1 (tie) | Green Brook Township | $10,000 or more |
| 1 (tie) | Hillsborough Township | $10,000 or more |
| 1 (tie) | Montgomery Township | $10,000 or more |
| 1 (tie) | North Plainfield Borough | $10,000 or more |
| 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) |
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.
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Questions about Peapack and Gladstone Borough
How much are property taxes in Peapack and Gladstone Borough?
The median real estate tax paid by homeowners in Peapack and Gladstone Borough, NJ is $10,000 or more a year (2020–2024 American Community Survey).
Sources
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Peapack and Gladstone borough, Somerset County, New Jersey
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Peapack and Gladstone borough, Somerset County, New Jersey
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Peapack and Gladstone borough, Somerset County, New Jersey
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Peapack and Gladstone borough, Somerset County, New Jersey
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Peapack and Gladstone borough, Somerset County, New Jersey
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 Peapack and Gladstone borough, Somerset County, New Jersey (county subdivision:57300, 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.
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.
Figures last updated on .
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