Monday - Friday
8:00 - 4:30
908.369.4313
379 South Branch Road
Hillsborough, NJ 08844

Understanding Your Tax Bill

Hillsborough Township mails out third quarter estimated tax bills in July of each year.  This third quarter estimated bill reflects the current year assessed value of your property.  In order to calculate your tax obligation, DO NOT take the third quarter amount and multiply it by four.  That is not an accurate reflection of the total year taxes billed.  Any difference in your total taxes due for the year are applied to the third and fourth quarter bill.  It is important to note that the assessed value can increase, decrease or remain the same based on yearly market values.

Hillsborough Township participates in an annual Reassessment program, which enables the Assessor to ensure a fair and equitable assessment of each property relative to the properties “true market value”.  A misconception associated with this is that your property value only can change when an inspection is performed.  Calculation of property assessments are annually based upon market trends and will be reflected in the following year’s assessment.

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