Your property taxes are figured on the assessed value of your property which is set by the Borough Tax Assessor. The rate for which you are charged is based on each $100 of the assessed value of your property.

Your are currently charged three seperate tax rates:
The first is the "Local Purpose" which is set by the Elmer Borough Council, these funds are used for the operations of the Borough.

The second is the "School Tax" which is set by the Elmer Board of Education, these funds are used to educate the childern of Elmer from kindergarten through 12 grade.

The third is the "County Tax" which is set by the Board of Choosen Freeholders, these funds are use for the operations of Salem County.

The Borough is responsible for the collection of all three taxes. They then provide the School Board and the County with 100% of the amount of monies they are due for the year.

The Tax rates for the year 2007 are as follows:
Local = $ 0.373
School = $ 1.037
County = $ 0.790
Open Space = $ 0.018
Total Rate = $ 2.218
Equalization Ratio = 117.32%