Bridgewater Township vs Franklin Township: Property Tax Comparison

Somerset County, New Jersey — 2025 data

Bridgewater Township and Franklin Township are both municipalities in Somerset County, New Jersey. Based on the most recent available data (2025), Bridgewater Township carries a lower effective property tax rate of 1.829% compared to Franklin Township at 2.337%, a difference of 0.508 percentage points. The average residential property tax bill is $3,936 lower in Franklin Township ($6,921) than in Bridgewater Township ($10,857). The table below shows the full side-by-side breakdown of effective rates, average bills, and median home values.

Side-by-side comparison

Bridgewater Township
Franklin Township
Effective tax rate
1.829%lower
2025
2.337%
2025
Avg residential tax bill
$10,857
2024
$6,921lower
2024
Median home value
$272,600
2024

Is your Franklin Township assessment accurate?

If your home's assessed value is higher than its current market value, you may be overpaying property taxes. A successful appeal — filed with your county board of taxation — can reduce your assessed value and lower your annual bill.

Contact your local assessor's office or county board of taxation to learn about appeal deadlines and eligibility in your area.

Full town profiles

Bridgewater Township vs Franklin Township — frequently asked questions

Which has lower property taxes, Bridgewater Township or Franklin Township?

Bridgewater Township has a lower effective property tax rate (1.829%) compared to Franklin Township (2.337%), a difference of 0.508 percentage points as of 2025.

What is the property tax rate in Bridgewater Township?

The effective property tax rate in Bridgewater Township is 1.829% (2025). The effective rate is the ratio of the average tax bill to the median home value — it accounts for assessments, exemptions, and all overlapping taxing jurisdictions.

What is the property tax rate in Franklin Township?

The effective property tax rate in Franklin Township is 2.337% (2025). The effective rate is the ratio of the average tax bill to the median home value — it accounts for assessments, exemptions, and all overlapping taxing jurisdictions.

What is the average property tax bill in Bridgewater Township?

The average residential property tax bill in Bridgewater Township is $10,857 (2024). Individual bills vary based on your home's assessed value, any exemptions you qualify for, and the rates set by your specific taxing units.

What is the average property tax bill in Franklin Township?

The average residential property tax bill in Franklin Township is $6,921 (2024). Individual bills vary based on your home's assessed value, any exemptions you qualify for, and the rates set by your specific taxing units.

How much higher is the average property tax bill in Bridgewater Township than Franklin Township?

The average residential tax bill in Bridgewater Township ($10,857) is approximately $3,936 higher than in Franklin Township ($6,921). This difference reflects a combination of higher assessed values and a higher effective rate.

Can I appeal my property tax assessment in Somerset County?

Yes. Property owners in Somerset County, New Jersey can appeal their assessment through the county board of taxation if they believe their assessed value is higher than the property's current market value. A successful appeal can reduce your assessed value and lower your annual tax bill. Deadlines and procedures vary — contact the Somerset County tax assessor's office for current filing dates.

Where does the property tax data for Bridgewater Township and Franklin Township come from?

Data on this page is sourced from publicly available government records including state tax authority publications and the U.S. Census Bureau American Community Survey. Effective rates and average bills may reflect county-level data where municipality-level figures are not published. All figures are for planning and comparison only — verify current rates with your local assessor.

Data sourced from state tax authority publications and the U.S. Census Bureau American Community Survey. Figures are for planning and comparison only — actual bills depend on official assessments, exemptions, and local levy decisions. Methodology.