Property Taxes in Monmouth Beach, New Jersey
Median Monmouth Beach, New Jersey effective property tax rate: 0.96%, significantly lower than the national median of 1.02%, and lower than the New Jersey state median of 2.88%.
Median Monmouth Beach, New Jersey home value: $895,600
Median annual Monmouth Beach, New Jersey tax bill: $8,654, $6,254 higher than the national median property tax bill of $2,400.
How are property taxes in Monmouth County calculated?
Property taxes in Monmouth Beach, New Jersey are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Monmouth Beach's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Monmouth Beach, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Monmouth Beach Property Tax Calculator Work?
Use this Monmouth Beach property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Monmouth Beach's median effective tax rate of 0.96% — based on actual property records in Monmouth County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Monmouth Beach's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Monmouth Beach: rates range from 0.96% in 07750 to 0.96% in 07750, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Monmouth Beach.
About Monmouth Beach Property Taxes
About Property Taxes in Monmouth Beach, Monmouth, New Jersey
Monmouth Beach’s median effective property tax rate of 0.96% is lower than the New Jersey state median of 2.88% and lower than the national median of 1.02%. This rate reflects the Monmouth County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Monmouth Beach. Homeowners in the 07750 ZIP code carry a median effective rate of 0.96%, while those in the same ZIP code also pay 0.96%. This spread — 0 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Monmouth County. Understanding which part of Monmouth Beach you live in can make a meaningful difference to your annual tax bill.
Monmouth Beach homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before the April 1, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Monmouth Beach, Monmouth County, New Jersey
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.
While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Monmouth Beach's effective property tax rate to other cities in New Jersey and the median property tax rates in New Jersey and the U.S.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Monmouth Beach Tax Rate
0.96%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Monmouth County Tax Rate
1.64%
Median Effective New Jersey Tax Rate
2.88%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Monmouth Beach, Monmouth County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07750 | 0.89% | 0.94% | 0.96% | 0.99% | 1.04% |
Source: Ownwell
Property Tax Assessment Values Across Monmouth Beach, Monmouth County, New Jersey
When examining property taxes in Monmouth Beach, New Jersey, understanding the distinction between "market value" and "assessed value" is crucial.
The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Monmouth County tax assessor estimates the market value for tax purposes.
The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
Assessment notices:
In Monmouth County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of November.
Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Monmouth Beach.
For example, the median home price in Monmouth Beach is $895,600, with tax bills ranging significantly across the county. 07750 has the highest median home price at $895,600.
Property Tax Assessment Values Across Monmouth Beach, Monmouth County, New Jersey
Source: Ownwell
$306,400
$1,667,525
$3,028,650
Median Monmouth Beach Market Value
$895,600
Median Monmouth County Market Value
$565,900
Median New Jersey Market Value
$288,200
Median United States Market Value
$274,101
Property Tax Assessment Values Across Monmouth Beach, Monmouth County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07750 | $383,780 | $512,400 | $895,600 | $1,433,625 | $2,032,160 |
Source: Ownwell
Property Tax Bills Across Monmouth Beach, Monmouth County, New Jersey
Property tax bills in Monmouth Beach are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value of the property. The bill is shaped by the home’s location, size, condition, and any local budget needs set by taxing authorities. With a median home price of $895,600, homeowners in this city often face property tax bills that are well above the national median property tax bill of $2,400.
The typical tax burden can vary widely. The 25th percentile tax bill is $5,232, while the 75th percentile reaches $13,474. At the high end, the 90th percentile tax bill is $19,377. The median tax bill in ZIP code 07750 is $8,654, showing how substantial property taxes can be for many homeowners.
These bills affect monthly housing costs and overall affordability, making property taxes an important part of homeownership in Monmouth Beach.
Property Tax Bills Across Monmouth Beach, Monmouth County, New Jersey
Source: Ownwell
$5,580
$12,512
$19,444
Median Monmouth Beach Tax Bill
$8,654
Median Monmouth County Tax Bill
$9,498
Median New Jersey Tax Bill
$8,638
Median United States Tax Bill
$3,209
Property Tax Bills Across Monmouth Beach, Monmouth County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07750 | $3,972 | $5,232 | $8,654 | $13,474 | $19,377 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | January 15 |
Links | |
|---|---|
| Monmouth Tax Assessor | |
| Website | oprs.co.monmouth.nj.us |