Sea Bright, Monmouth County, New Jersey Property Taxes

Name: Property Tax Bills Across Sea Bright, Monmouth County, New Jersey
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median SEA BRIGHT, NJ effective property tax rate: 1.09%, significantly higher than the national median of 1.02%, but lower than the NJ state median of 2.82%.
Median SEA BRIGHT, NJ home value: $594,900
Median annual SEA BRIGHT, NJ tax bill: $6,492, $4,092 higher than the national median property tax bill of $2,400.

How are property taxes in Monmouth calculated?

Property taxes in SEA BRIGHT, NJ 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 SEA BRIGHT’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in SEA BRIGHT, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Sea Bright, Monmouth County, New Jersey Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.09%

Estimate Property Tax Bill

$6,484

$6,017

Ownwell’s SEA BRIGHT Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in SEA BRIGHT with just two data points.

By entering your property's estimated assessed value, our calculator applies SEA BRIGHT’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations.

This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Monmouth.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Sea Bright, Monmouth County, New Jersey

Local government entities determine tax rates, which can differ significantly within a state. Each year, counties calculate their necessary budget to maintain services and then divide this by the total value of all taxable properties in their area. This process establishes the property tax rate. Although setting tax rates and budgets involves votes and legislation, this is essentially the annual routine. Sea Bright, located in Monmouth County, New Jersey, presents a unique case. The effective property tax rate in Sea Bright is 1.09%, aligning with the highest and lowest rates within its zip code, 07760. When compared to the national median property tax rate of 1.02%, Sea Bright's rate is slightly higher, reflecting the varied landscape of property taxes across the country. The median property tax rate in New Jersey is also 1.09%, indicating that Sea Bright is representative of the state average. This comparison highlights the importance of understanding local tax dynamics, as rates can have a significant impact on property owners.

Property Tax Rates Across Sea Bright, Monmouth County, New Jersey

Source: Ownwell

0.60%

1.69%

2.77%

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 Sea Bright Tax Rate

1.09%

Median Effective Monmouth County Tax Rate

1.86%

Median Effective New Jersey Tax Rate

2.82%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Sea Bright, Monmouth County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
07760	0.95%	1.01%	1.09%	1.14%	1.20%

Source: Ownwell

Property Tax Assessment Values Across Sea Bright, Monmouth County, New Jersey

When examining property taxes in Sea Bright, NJ, 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 appraisal district 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.

In Monmouth County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Sea Bright. For example, the median home price in Sea Bright is $594,900, with tax bills ranging significantly across the county. Zip code 07760 has the highest median home price at $594,900.

Property Tax Assessment Values Across Sea Bright, Monmouth County, New Jersey

Source: Ownwell

$230,800

$1,235,100

$2,239,400

Median Sea Bright Market Value

$594,900

Median Monmouth County Market Value

$467,900

Median New Jersey Market Value

$282,900

Median United States Market Value

$235,294

Property Tax Assessment Values Across Sea Bright, Monmouth County, New Jersey

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
07760	$278,800	$361,900	$594,900	$915,850	$1,503,800

Source: Ownwell

Property Tax Bills Across Sea Bright, Monmouth County, New Jersey

In Sea Bright, located in Monmouth County, NJ, property tax bills are calculated based on the assessed value of a home and the local tax rate. With a median home price of $594,900, homeowners might expect tax bills that vary significantly. For example, the 25th percentile tax bill is $3,671, while the 75th percentile reaches $10,356, and the 90th percentile climbs to $15,877. This variation highlights how property taxes can impact homeowners differently, depending on their property's assessed value and location within the county. The median tax bill in Sea Bright is $6,492, which is significantly higher than the national median property tax bill of $2,400. Such high property taxes can be a substantial burden for homeowners. Ownwell offers services to help homeowners by appealing their property tax assessments, potentially lowering their tax bills. By analyzing local tax assessments and identifying discrepancies, Ownwell can assist in reducing the financial load, ensuring homeowners are not overpaying on their property taxes.

Property Tax Bills Across Sea Bright, Monmouth County, New Jersey

Source: Ownwell

$5,432

$12,230

$19,028

Median Sea Bright Tax Bill

$6,492

Median Monmouth County Tax Bill

$8,714

Median New Jersey Tax Bill

$8,227

Median United States Tax Bill

$2,400

Property Tax Bills Across Sea Bright, Monmouth County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
07760	$2,820	$3,671	$6,492	$10,356	$15,877

Source: Ownwell