Homeowners in Silver Lake CDP (Cumberland County), New Jersey paid a median $8,604 a year in property tax on a median home worth $374,500, an effective rate of about 2.30% (Census 2020โ2024).
2.28%Cumberland County overall
Silver Lake CDP (Cumberland County) vs county, state and US
Effective rate
Median tax paid per year
Tax on a home in Silver Lake CDP (Cumberland County)
At the local 2.30% effective rate
| Home value | Estimated yearly tax | Per month |
|---|---|---|
| $150,000 | $3,446 | $287 |
| $250,000 | $5,744 | $479 |
| $350,000 | $8,041 | $670 |
| $500,000 | $11,487 | $957 |
Buying a home in Cumberland County? 2026 loan limits
Nearby and related
- Cumberland County property taxcounty overview
- New Jersey property tax by countyranked
- Vineland, NJ2.05% effective
- Millville, NJ2.45% effective
- Bridgeton, NJ2.82% effective
- Laurel Lake, NJ2.08% effective
- Port Norris, NJ2.80% effective
- Cost of living in New Jerseyprices & rents
Source: U.S. Census Bureau, American Community Survey 2020โ2024 5-year estimates, tables B25103 (median real estate taxes paid), B25077 (median home value), B25003, B25088, B19013 and B01003. These are 2020โ2024 medians reported by owner-occupants, not 2026 tax bills or official mill rates. The effective rate here is median tax รท median home value. Actual bills depend on assessed value, exemptions (homestead, senior, veteran) and local levies. Check with your county assessor or treasurer. Not tax advice.
Frequently asked questions
What is the property tax rate in Silver Lake CDP (Cumberland County), New Jersey?
Homeowners in Silver Lake CDP (Cumberland County), New Jersey paid a median $8,604 a year in property tax on a median home worth $374,500, an effective rate of about 2.30% (Census 2020โ2024).
How much is property tax on a $250,000 home in Silver Lake CDP (Cumberland County)?
About $5,744 a year at the 2.30% median effective rate. Exemptions such as homestead can lower it.
Is property tax in Silver Lake CDP (Cumberland County) higher than the rest of New Jersey?
Silver Lake CDP (Cumberland County) ranks #454 lowest of 626 New Jersey places we track. The statewide effective rate is 2.11%. Cumberland County overall is 2.28%.