Property taxes in Cherry Hill Twnshp, New Jersey
Cherry Hill Twnshp’s effective tax rate for 2025 is 2.598% of market value. On a $500,000 home that’s about $12,990 a year, lower than the typical town in Camden County (2.927%).
Estimated yearly and monthly tax by home price
| Home price | Per year | Per month |
|---|---|---|
| $250,000 | $6,495 | $541 |
| $400,000 | $10,392 | $866 |
| $600,000 | $15,588 | $1,299 |
| $800,000 | $20,784 | $1,732 |
| $1,000,000 | $25,980 | $2,165 |
Effective vs. general tax rate
New Jersey towns set a general tax rate that applies to each home’s assessed value, which can be well below or above market value depending on when the town last reassessed. The effective rate adjusts for that, so it can be applied to a purchase price. Cherry Hill Twnshp’s general rate is 4.348 per $100 of assessed value.
Questions
What is the property tax rate in Cherry Hill Twnshp, NJ?
The 2025 effective rate is 2.598% of market value, and the general rate is 4.348 per $100 of assessed value (New Jersey Division of Taxation).
How much are property taxes on a $500,000 home in Cherry Hill Twnshp?
About $12,990 a year, or $1,083 a month.
Towns in Camden County with similar rates
More nearby
Source: NJ Division of Taxation, 2025 General and Effective Tax Rates.