ZIP 07934 · Peapack and Gladstone, NJ

Six governments run on your community's money

This page shows every government that serves ZIP 07934: the state, county, city or town and school district, and where each one's money comes from and goes.

Each government is shown for its own newest fiscal year on file, so the years differ. Figures come from the U.S. Census Bureau's Annual Survey of State and Local Government Finances, the government's own report or, for New Jersey governments, the New Jersey Department of Education, as named under Sources and more.

Where do my taxes go in 07934?
07934 is served by the State of New Jersey, Somerset County, the Borough of Peapack and Gladstone, Somerset Hills School District, Bedminster Township and Bedminster Township School District. In each one's latest recorded fiscal year, State of New Jersey spent $97.4 billion (fiscal year ended June 30, 2024), Somerset County spent $405 million (fiscal year ended December 31, 2023), Borough of Peapack and Gladstone spent $6.5 million (fiscal year ended December 31, 2021), Somerset Hills School District spent $56.6 million (fiscal year ended June 30, 2024), Bedminster Township spent $11.0 million (fiscal year ended December 31, 2021) and Bedminster Township School District spent $23.1 million (fiscal year ended June 30, 2025). Each government's money is separate.

Which governments collect property tax in 07934?
Of the governments serving 07934, Somerset County collected $221 million (fiscal year ended December 31, 2023), Somerset Hills School District collected $37.4 million (fiscal year ended June 30, 2024), Bedminster Township School District collected $18.1 million (fiscal year ended June 30, 2025), Bedminster Township collected $10.1 million (fiscal year ended December 31, 2021), Borough of Peapack and Gladstone collected $7.0 million (fiscal year ended December 31, 2021) and State of New Jersey collected $5.0 million (fiscal year ended June 30, 2024) in property tax. These are each government's total collections, not a bill for 07934.

See another ZIP code

From the state down to your schools: where each one's money comes from and goes.

See the full budget for: Somerset County, Peapack and Gladstone, Bedminster Township and Somerset Hills School District

Why not this year? New Jersey governments with newer filings show school district figures from the New Jersey Department of Education (for 2025). Each other figure is the newest year the U.S. Census Bureau has published for that government, so the years differ and are not the current year. Most governments post their current budget on their own website.

Where property tax goes in 07934

Somerset County$221 million

65% of its $340 million in revenue · fiscal year ended December 31, 2023

Somerset Hills School District$37.4 million

75% of its $49.6 million in revenue · fiscal year ended June 30, 2024

Bedminster Township School District$18.1 million

76% of its $23.6 million in revenue · fiscal year ended June 30, 2025

Bedminster Township$10.1 million

79% of its $12.7 million in revenue · fiscal year ended December 31, 2021 · estimated by the U.S. Census Bureau

Borough of Peapack and Gladstone$7.0 million

74% of its $9.4 million in revenue · fiscal year ended December 31, 2021 · estimated by the U.S. Census Bureau

State of New Jersey$5.0 million

<0.1% of its $100.6 billion in revenue · fiscal year ended June 30, 2024

These are each government's total property tax collections, not your bill. Your own bill is split by each government's tax rate, shown on your property tax bill.

Your county

Somerset County

$405 million budget in the latest fiscal year on record, which ended December 31, 2023.

About 98% of this ZIP is in Somerset County.

Where the money comes from

County taxes65%Fees for services (college tuition, garbage collection)13%State tax money6.0%Local tax money5.8%Federal tax money5.4%Fines and other5.0%
Full Somerset County breakdown

What stands out

65%

of Somerset County's money comes from property tax.A typical U.S. county of 250,000+ people gets 29%.

County taxes65%

Property tax
65%$221 million

Fees for services13%

Fees for services
13%$43.8 million
What's in fees for servicesCollege tuition; other service charges and 4 more
  • College tuition$20.3 million
  • Other service charges$18.3 million
  • Garbage collection$3.2 million
  • University housing and dining$1.4 million
  • Other school charges$363 thousand
  • School lunches$82 thousand

Amounts are by Census type of charge.

Federal tax money5.4%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
5.4%$18.2 million

State tax money6.0%

Money the state passes on, paid for by the state taxes residents also pay.

From the state
6.0%$20.3 million

Local tax money5.8%

Money passed on by the county or other local governments.

From other local governments
5.8%$19.6 million

Fines and other5.0%

Interest, rents and other
5.0%$17.0 million
Fines
<0.1%$1 thousand
Somerset County page →

Where the money goes

Running the government and other costs38%Schools and colleges22%Roads, transit and parking11%Police, fire, courts and jails11%Health and hospitals4.3%All other spending13%

What stands out

22%

of Somerset County's spending goes to schools and colleges.Most U.S. counties of 250,000+ people spend nothing on this.

Full Somerset County breakdown

Spending by category100%

Running the government and other costs
38%$153 million
What's in running the government and other costsOther and not broken out; government buildings and 2 more
  • Other and not broken out$105 million
  • Government buildings$43.8 million
  • Finance, tax collection and budgeting$2.3 million
  • Central staff services (personnel, purchasing, technology)$2.1 million
Schools and colleges
22%$90.7 million
What's in schools and collegesColleges and universities; elementary and secondary schools and 2 more
  • Colleges and universities$61.1 million
  • Elementary and secondary schools$22.3 million
  • Scholarships and other education subsidies$4.8 million
  • College housing, dining and bookstores$2.5 million
Roads, transit and parking
11%$44.8 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$44.8 million
Police, fire, courts and jails
11%$44.4 million
What's in police, fire, courts and jailsPrisons and jails; courts and legal services and 1 more
  • Prisons and jails$18.5 million
  • Courts and legal services$15.6 million
  • Police$10.3 million
Health and hospitals
4.3%$17.5 million
What's in health and hospitalsPublic health
  • Public health$17.5 million
Social services
4.0%$16.2 million
What's in social servicesWelfare institutions
  • Welfare institutions$16.2 million
Parks, recreation and libraries
3.3%$13.4 million
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$13.4 million
Interest on debt
3.2%$12.8 million
Water, sewer, trash and utilities
2.6%$10.5 million
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$10.5 million
Environment and natural resources
0.3%$1.3 million
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$1.3 million
Sent to other local governments
<0.1%$37 thousand
What's in sent to other local governmentsSent to the state government and sent to local governments: other and not broken out
  • Sent to the state government$20 thousand
  • Sent to local governments: other and not broken out$17 thousand
Housing and community development
<0.1%$13 thousand
Somerset County page →

Your towns

Borough of Peapack and Gladstone

$6.5 million budget in the latest fiscal year on record, which ended December 31, 2021. Estimated by the U.S. Census Bureau

About 55% of this ZIP is in Peapack and Gladstone.

Where the money comes from

Borough taxes76%Fees for services (sewer)16%Fines and other5.9%State tax money1.7%
Full Peapack and Gladstone breakdown

What stands out

74%

of Peapack and Gladstone's money comes from property tax.A typical U.S. city, town or village of under 10,000 people gets 15%.

Borough taxes76%

Property tax
74%$7.0 million
Other taxes
1.8%$173 thousand
What's in other taxesOther licenses and alcoholic beverage licenses
  • Other licenses$155 thousand
  • Alcoholic beverage licenses$18 thousand

Amounts are by Census tax category.

Fees for services16%

Fees for services
16%$1.5 million
What's in fees for servicesSewer and other service charges
  • Sewer$1.5 million
  • Other service charges$22 thousand

Amounts are by Census type of charge.

State tax money1.7%

Money the state passes on, paid for by the state taxes residents also pay.

From the state
1.7%$162 thousand

Fines and other5.9%

Interest, rents and other
3.9%$365 thousand
Fines
2.0%$185 thousand
Peapack and Gladstone page →

Where the money goes

Running the government and other costs40%Police, fire, courts and jails25%Water, sewer, trash and utilities22%Roads, transit and parking5.8%Interest on debt2.3%All other spending4.0%

What stands out

25%

of Peapack and Gladstone's spending goes to police, fire, courts and jails.A typical U.S. city, town or village of under 10,000 people spends 11%.

Full Peapack and Gladstone breakdown

Spending by category100%

Running the government and other costs
40%$2.6 million
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 2 more
  • Other and not broken out$1.7 million
  • Central staff services (personnel, purchasing, technology)$346 thousand
  • Government buildings$338 thousand
  • Finance, tax collection and budgeting$292 thousand
Police, fire, courts and jails
25%$1.7 million
What's in police, fire, courts and jailsPolice; courts and legal services and 2 more
  • Police$1.1 million
  • Courts and legal services$249 thousand
  • Fire protection$211 thousand
  • Inspections and regulation$101 thousand
Water, sewer, trash and utilities
22%$1.5 million
What's in water, sewer, trash and utilitiesSewer systems and garbage and solid waste
  • Sewer systems$1.4 million
  • Garbage and solid waste$111 thousand
Roads, transit and parking
5.8%$379 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$379 thousand
Interest on debt
2.3%$149 thousand
Health and hospitals
2.1%$139 thousand
What's in health and hospitalsPublic health
  • Public health$139 thousand
Parks, recreation and libraries
1.7%$111 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$99 thousand
  • Libraries$12 thousand
Social services
0.1%$9 thousand
What's in social servicesOther public welfare
  • Other public welfare$9 thousand
Peapack and Gladstone page →

Bedminster Township

$11.0 million budget in the latest fiscal year on record, which ended December 31, 2021. Estimated by the U.S. Census Bureau

About 43% of this ZIP is in Bedminster Township.

Where the money comes from

Township taxes85%State tax money6.1%Fines and other5.4%Fees for services (sewer)3.4%County and local tax money0.3%
Full Bedminster Township breakdown

What stands out

5.6%

of Bedminster Township's money comes from taxes other than property, sales and income taxes.Most U.S. townships and towns of under 10,000 people get none.

Township taxes85%

Property tax
79%$10.1 million
Other taxes
5.6%$718 thousand
What's in other taxesOther licenses; public utility taxes and 1 more
  • Other licenses$640 thousand
  • Public utility taxes$70 thousand
  • Alcoholic beverage licenses$8 thousand

Amounts are by Census tax category.

Fees for services3.4%

Fees for services
3.4%$435 thousand
What's in fees for servicesSewer and other service charges
  • Sewer$418 thousand
  • Other service charges$17 thousand

Amounts are by Census type of charge.

State tax money6.1%

Money the state passes on, paid for by the state taxes residents also pay.

From the state
6.1%$777 thousand

County and local tax money0.3%

Money passed on by the county or other local governments.

From the county and other local governments
0.3%$39 thousand

Fines and other5.4%

Interest, rents and other
3.1%$391 thousand
Fines
2.3%$292 thousand
Bedminster Township page →

Where the money goes

Running the government and other costs35%Police, fire, courts and jails34%Parks, recreation and libraries13%Roads, transit and parking9.7%Water, sewer, trash and utilities5.4%All other spending2.3%

What stands out

34%

of Bedminster Township's spending goes to police, fire, courts and jails.A typical U.S. township or town of under 10,000 people spends 6.7%.

Full Bedminster Township breakdown

Spending by category100%

Running the government and other costs
35%$3.9 million
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 2 more
  • Other and not broken out$2.8 million
  • Finance, tax collection and budgeting$548 thousand
  • Central staff services (personnel, purchasing, technology)$441 thousand
  • Government buildings$63 thousand
Police, fire, courts and jails
34%$3.7 million
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$2.6 million
  • Fire protection$532 thousand
  • Courts and legal services$440 thousand
  • Inspections and regulation$225 thousand
Parks, recreation and libraries
13%$1.4 million
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$1.2 million
  • Parks and recreation$231 thousand
Roads, transit and parking
9.7%$1.1 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.1 million
Water, sewer, trash and utilities
5.4%$593 thousand
What's in water, sewer, trash and utilitiesSewer systems and garbage and solid waste
  • Sewer systems$484 thousand
  • Garbage and solid waste$109 thousand
Health and hospitals
1.2%$127 thousand
What's in health and hospitalsPublic health
  • Public health$127 thousand
Interest on debt
1.1%$126 thousand
Bedminster Township page →

Your schools

Somerset Hills School District

$56.6 million budget in the latest fiscal year on record, which ended June 30, 2024.

About 55% of this ZIP is in Somerset Hills School District.

Where the money comes from

School district taxes75%County and local tax money11%State tax money9.2%Fees for services (school lunches, school tuition and transportation)2.7%Fines and other1.4%
Full Somerset Hills School District breakdown

What stands out

75%

of Somerset Hills School District's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes75%

Property tax
75%$37.4 million

Fees for services2.7%

Fees for services
2.7%$1.3 million
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$777 thousand
  • School lunches$461 thousand
  • School tuition and transportation$94 thousand

Amounts are by Census type of charge.

State tax money9.2%

Money the state passes on, paid for by the state taxes residents also pay.

From the state
9.2%$4.5 million

County and local tax money11%

Money passed on by the county or other local governments.

From the county and other local governments
11%$5.6 million

Fines and other1.4%

Interest, rents and other
1.4%$690 thousand
Somerset Hills School District page →

Where the money goes

Schools and colleges97%Sent to other local governments1.9%Interest on debt0.8%
Full Somerset Hills School District breakdown

Spending by category100%

Schools and colleges
97%$55.1 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$55.1 million
Sent to other local governments
1.9%$1.1 million
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$901 thousand
  • Sent to the state government$172 thousand
Interest on debt
0.8%$468 thousand
Somerset Hills School District page →

Bedminster Township School District

$23.1 million budget in fiscal year 2025 (ended June 30, 2025), from the New Jersey Department of Education.

About 43% of this ZIP is in Bedminster Township School District.

Where the money comes from

School district taxes76%State tax money18%Fines and other3.5%Federal tax money1.4%Fees for services0.4%
Full Bedminster Township School District breakdown

School district taxes76%

Property tax
76%$18.1 million

Fees for services0.4%

Fees for services
0.4%$95 thousand

Federal tax money1.4%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
1.4%$332 thousand

State tax money18%

Money the state passes on, paid for by the state taxes residents also pay.

From the state
18%$4.3 million

Fines and other3.5%

Interest, rents and other
3.5%$821 thousand
Bedminster Township School District page →

Where the money goes

Schools and colleges71%Sent to other local governments29%
Full Bedminster Township School District breakdown

Spending by category100%

Schools and colleges
71%$16.4 million
Sent to other local governments
29%$6.7 million
Bedminster Township School District page →

Your state

State of New Jersey

$97.4 billion budget in the latest fiscal year on record, which ended June 30, 2024.

Where the money comes from

State taxes50%Federal tax money30%Fees for services (tolls, college tuition)10%Fines and other9.4%Local tax money0.7%
Full New Jersey breakdown

What stands out

8.2%

of New Jersey's money comes from business income taxes.A typical state government gets 3.8%.

State taxes50%

Individual income tax
19%$18.9 billion
Sales tax
14%$14.3 billion
Other taxes
9.0%$9.08 billion
What's in other taxesOther selective sales taxes; corporation licenses and 16 more
  • Other selective sales taxes$2.74 billion
  • Corporation licenses$912 million
  • Occupation and business licenses$821 million
  • Real estate and stock transfer taxes$735 million
  • Motor vehicle licenses$685 million
  • Insurance premium taxes$627 million
  • Estate and gift taxes$537 million
  • Amusement taxes$519 million
  • Motor fuel taxes$472 million
  • Tobacco taxes$469 million
  • Public utility taxes$236 million
  • Alcoholic beverage taxes$184 million
  • Driver's licenses$59.6 million
  • Amusement licenses$47.7 million
  • Hunting and fishing licenses$14.3 million
  • Public utility licenses$10.6 million
  • Alcoholic beverage licenses$4.2 million
  • Other licenses$2.0 million

Amounts are by Census tax category.

Business income tax
8.2%$8.21 billion
Property tax
<0.1%$5.0 million

Fees for services10%

Fees for services
10%$10.2 billion
What's in fees for servicesTolls on roads and bridges; college tuition and 17 more
  • Tolls on roads and bridges$2.57 billion
  • College tuition$2.43 billion
  • Hospital bills$1.86 billion
  • Other service charges$1.67 billion
  • Transit fares$832 million
  • University housing and dining$611 million
  • Housing$52.0 million
  • Parks and recreation$50.6 million
  • Water$42.1 million
  • Ports and waterways$33.1 million
  • Airport$17.2 million
  • Road charges$14.0 million
  • Sewer$11.9 million
  • Other education charges$11.7 million
  • Parks, land and natural resources$9.2 million
  • Garbage collection$2.4 million
  • School lunches$757 thousand
  • Other school charges$185 thousand
  • School tuition and transportation$5 thousand

Amounts are by Census type of charge.

Federal tax money30%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
30%$29.7 billion

Local tax money0.7%

Money passed on by the county or other local governments.

From local governments
0.7%$683 million

Fines and other9.4%

Interest, rents and other
9.2%$9.28 billion
Fines
0.2%$178 million
New Jersey page →

Where the money goes

Social services29%Sent to local governments23%Schools and colleges17%Roads, transit and parking8.7%Running the government and other costs7.9%All other spending15%
Full New Jersey breakdown

Spending by category100%

Social services
29%$28.4 billion
What's in social servicesOther public welfare; unemployment and social insurance offices and 2 more
  • Other public welfare$28.0 billion
  • Unemployment and social insurance offices$305 million
  • Welfare institutions$102 million
  • Veterans' services$30.7 million
Sent to local governments
23%$22.3 billion
What's in sent to local governmentsSent to school districts; sent to local governments: elementary and secondary schools and 19 more
  • Sent to school districts$12.4 billion
  • Sent to local governments: elementary and secondary schools$4.15 billion
  • Sent to local governments: general support$2.21 billion
  • Sent to local governments: other public welfare$1.64 billion
  • Sent to local governments: other and not broken out$594 million
  • Sent to local governments: roads and highways$397 million
  • Sent to local governments: colleges and universities$186 million
  • Sent to local governments: hospitals$142 million
  • Sent to local governments: public health$132 million
  • Sent to local governments: police$86.1 million
  • Sent to local governments: natural resources, farming and conservation$77.5 million
  • Sent to local governments: prisons and jails$75.0 million
  • Sent to local governments: garbage and solid waste$51.0 million
  • Sent to local governments: parks and recreation$34.2 million
  • Sent to local governments: libraries$32.8 million
  • Sent to local governments: inspections and regulation$29.7 million
  • Sent to the federal government$26.0 million
  • Sent to local governments: courts and legal services$7.2 million
  • Sent to local governments: other government administration$4.6 million
  • Sent to local governments: sewer systems$3.9 million
  • Sent to local governments: housing and community development$1.4 million
Schools and colleges
17%$16.3 billion
What's in schools and collegesColleges and universities; elementary and secondary schools and 3 more
  • Colleges and universities$6.10 billion
  • Elementary and secondary schools$5.44 billion
  • Scholarships and other education subsidies$1.99 billion
  • Other education$1.86 billion
  • College housing, dining and bookstores$947 million
Roads, transit and parking
8.7%$8.48 billion
What's in roads, transit and parkingPublic transit; roads and highways and 3 more
  • Public transit$4.41 billion
  • Roads and highways$2.19 billion
  • Toll roads and bridges$1.80 billion
  • Ports and harbors$50.3 million
  • Airports$31.8 million
Running the government and other costs
7.9%$7.74 billion
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 3 more
  • Other and not broken out$5.37 billion
  • Finance, tax collection and budgeting$1.88 billion
  • Other government administration$215 million
  • Central staff services (personnel, purchasing, technology)$209 million
  • Government buildings$62.6 million
Health and hospitals
5.8%$5.66 billion
What's in health and hospitalsHospitals and public health
  • Hospitals$3.00 billion
  • Public health$2.67 billion
Police, fire, courts and jails
4.3%$4.15 billion
What's in police, fire, courts and jailsPrisons and jails; courts and legal services and 3 more
  • Prisons and jails$1.24 billion
  • Courts and legal services$1.21 billion
  • Police$905 million
  • Inspections and regulation$438 million
  • Probation, parole and other corrections$364 million
Interest on debt
2.4%$2.30 billion
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$2.30 billion
  • Interest on water supply debt$664 thousand
Housing and community development
1.0%$932 million
Environment and natural resources
0.7%$704 million
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$704 million
Parks, recreation and libraries
0.3%$264 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$260 million
  • Libraries$4.4 million
Water, sewer, trash and utilities
0.1%$127 million
What's in water, sewer, trash and utilitiesWater supply; electric power and 2 more
  • Water supply$59.0 million
  • Electric power$38.4 million
  • Sewer systems$21.2 million
  • Garbage and solid waste$8.0 million
New Jersey page →
Sources and moreEach government's source, fiscal year and how a ZIP is matched

State of New Jersey. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024.

Somerset County. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended December 31, 2023.

Borough of Peapack and Gladstone. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended December 31, 2021. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself. The Census record for this government is from the 2022 survey, the newest on file.

Somerset Hills School District. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024.

Bedminster Township. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended December 31, 2021. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself. The Census record for this government is from the 2022 survey, the newest on file.

Bedminster Township School District. New Jersey Department of Education, district Annual Comprehensive Financial Report (audited), fiscal year 2025, fiscal year ended June 30, 2025. The earlier Census figures are from U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024.

How these figures are counted. New Jersey school district figures are from each district's audited Annual Comprehensive Financial Report filed with the New Jersey Department of Education for the 2024-25 school year, ended June 30, 2025, grouped into the same categories as the Census figures. They cover governmental funds (general, special revenue, capital projects, debt service) and enterprise funds such as food service, and leave out transfers between funds. Tuition paid to other districts and payments to charter schools are shown as passed on. The "Debt payments" line includes principal as well as interest, so spending can be higher than the Census figure for the same district.

How a ZIP is matched. A ZIP code is not a government boundary, so we match it to the cities, counties and school districts that overlap it, using Census Bureau geography. Where a ZIP crosses several, each one is shown with its share of the ZIP. Each government's money covers its own operations only; the others listed here are separate.

Latest recorded year. The year differs by government: each block shows the newest fiscal year on file. A Census survey year covers fiscal years ending July 1 of the year before through June 30 of that year.