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2025 general tax rate · Mercer County, NJ
Hopewell Borough property tax rate
Hopewell Borough's 2025 general tax rate is $3.498 per $100 of assessed value. A property assessed at $300,000 owes $10,494.00 for the year. That ranks 168th highest of New Jersey's 564 municipalities, above the middle, $0.540 per $100 above the $2.960 per $100 state median.
- 1General tax rate $3.498 per $100
- 2Bill on $300,000 assessed $10,494.00
Your Hopewell Borough tax bill
The bill before exemptions and credits. Compare every New Jersey rate.
General rate and effective rate in Hopewell Borough
New Jersey publishes two rates for every municipality. The general tax rate, $3.498 per $100 in Hopewell Borough, is the one applied to the assessed value on the bill: $300,000 assessed owes $10,494.00. The effective tax rate, $2.545 per $100, is "the general property tax adjusted by the municipality's equalization ratio", the rate on market value. Dividing one by the other puts Hopewell Borough's assessments at about 72.76% of market value; the state median is 70.02%.
The effective rate is the fairer comparison between towns. On it Hopewell Borough ranks 113th of 564, against 168th on the general rate, and sits $0.400 above the $2.140 median effective rate. At 72.76%, a $300,000 assessment corresponds to roughly $412,314 of market value.
Hopewell Borough's rate in 2024 and 2025
The general tax rate rose $0.130 per $100 (3.83%) from $3.369 per $100 in 2024, and the same $300,000 assessment owes $387.00 more than at last year's rate. In 2024 Hopewell Borough ranked 192nd. The effective rate went from $2.696 to $2.545 per $100 (down 5.6%), and the implied ratio from 80.02% to 72.76%: market values rose faster than assessments.
Tax on common assessed values in Hopewell Borough
| Assessed value | 2025 bill | At the 2024 rate | Versus NJ median rate |
|---|---|---|---|
| $200,000 | $6,996.00 | $6,738.00 | +$1,076.00 |
| $300,000 | $10,494.00 | $10,107.00 | +$1,614.00 |
| $400,000 | $13,992.00 | $13,476.00 | +$2,152.00 |
| $500,000 | $17,490.00 | $16,845.00 | +$2,690.00 |
| $750,000 | $26,235.00 | $25,267.50 | +$4,035.00 |
Each bill is the assessed value divided by 100 and multiplied by $3.498, before exemptions, credits or special charges. These are assessed values, not sale prices: at 72.76% the $300,000 row is a property worth about $412,314. The last column is the difference from the same assessment at the $2.960 per $100 state median.
How Hopewell Borough compares in Mercer County and New Jersey
Among the 12 municipalities in Mercer County, Hopewell Borough ranks 6th highest; the county median is $3.490 per $100, so Hopewell Borough sits $0.010 per $100 above it. The next higher rate in the county is East Windsor Township at $3.627, and the next lower is Robbinsville Township at $3.488. Statewide, 70% of municipalities have a lower general tax rate than Hopewell Borough.
Outside Mercer County, the closest rates are Little Falls Township ($3.496, Passaic), Hampton Township ($3.495, Sussex), Haddon Heights ($3.492, Camden), Dover ($3.490, Morris). Because towns assess at different shares of market value, the effective rate is the better guide to what a house of a given price pays.
Appealing a Hopewell Borough assessment
New Jersey appeals go to the Mercer County Board of Taxation. The petition is due April 1, or May 1 in a year when Hopewell Borough implemented a municipal-wide revaluation or reassessment (NJ Division of Taxation). Property assessed above $1,000,000 may go directly to the Tax Court, and a County Board judgment can be appealed to the Tax Court within 45 days. The Board tests the assessment against the common level range: the average ratio plus or minus 15%. Using the 72.76% ratio implied by the state's two rates, that range runs from about 61.85% to 83.67% of market value; the Director's official average ratio for Hopewell Borough, which the County Board applies, can differ slightly.
The New Jersey appeal page sets out each step with its source and the ratio arithmetic. This is a summary of the published procedure, not legal advice.
Hopewell Borough property tax questions
What is the property tax rate in Hopewell Borough, NJ?
Hopewell Borough's 2025 general tax rate is $3.498 per $100 of assessed value; its effective rate, on market value, is $2.545 per $100. Source: New Jersey Division of Taxation.
How much is the property tax on a $300,000 assessment in Hopewell Borough?
$300,000 ÷ 100 × $3.498 = $10,494.00 a year, before exemptions and credits. At the 2024 rate the same assessment owed $10,107.00.
Is Hopewell Borough's tax rate high for New Jersey?
It ranks 168th highest of 564, above the middle of New Jersey municipalities; the median is $2.960 per $100. On the effective rate, which allows for different assessment levels, it ranks 113th.
How do I appeal a Hopewell Borough property assessment?
Petition to the County Board of Taxation: by April 1 (May 1 after a municipal-wide revaluation) (NJ Division of Taxation; Guide to Tax Appeal Hearings). Then: county board hearing and judgment (Set by the County Board); appeal to the tax court (Within 45 days of the County Board's judgment).
Source: New Jersey Division of Taxation, 2025 General Tax Rates (general and effective tax rates by county and municipality); prior year from the 2024 General Tax Rates. Appeal steps: NJ Division of Taxation, Assessment and Appeals (updated August 15, 2025); NJ Division of Taxation, A Guide to Tax Appeal Hearings (revised 2022). Last checked October 21, 2026. This page explains published figures; it is not tax or legal advice.