Sea Bright, Monmouth County, New Jersey Property Taxes
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
$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
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%
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
1.86%
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
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