Sea Girt, Monmouth County, New Jersey Property Taxes

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

Median SEA GIRT, NJ effective property tax rate: 0.65%, significantly lower than the national median of 1.02%, but lower than the New Jersey state median of 2.82%.
Median SEA GIRT, NJ home value: $1,334,400
Median annual SEA GIRT, NJ tax bill: $11,263, $8,863 higher than the national median property tax bill of $2,400.

How are property taxes in Monmouth calculated?

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

Last Updated March 1, 2025

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

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.65%

Estimate Property Tax Bill

$8,674

$8,049

Ownwell’s Sea Girt Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Sea Girt with just two data points. By entering your property's estimated assessed value, our calculator applies Sea Girt’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 County. For those interested in more localized information, please scroll down to explore city-level trends!

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

Tax rates in Sea Girt, NJ, are determined by local government entities, which can lead to significant variations within the state. Each year, Monmouth County calculates its budget to provide essential services and divides this by the total assessed value of all taxable properties. This process establishes the property tax rate. While votes and regulations play a role in setting these rates and budgets, this is the fundamental procedure.

Sea Girt's effective property tax rate is 0.65%, aligning with both the highest and lowest median rates reported in the state. This rate is notably lower than the national median property tax rate of 1.02%. Consequently, property owners in Sea Girt benefit from lower tax obligations compared to many other regions in the United States.

By understanding the factors that influence property tax rates in Sea Girt, residents can better navigate their financial responsibilities. This knowledge empowers them to make informed decisions and potentially seek appeals or exemptions if necessary.

Property Tax Rates Across Sea Girt, 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 Girt Tax Rate

0.65%

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 Girt, Monmouth County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
08750	0.54%	0.58%	0.65%	2.00%	2.00%

Source: Ownwell

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

When examining property taxes in Sea Girt, 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 April. 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 Girt.

For example, the median home price in Sea Girt is $1,334,400, with tax bills ranging significantly across the county. Zip code 08750 has the highest median home price at $1,334,400.

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

Source: Ownwell

$230,800

$1,235,100

$2,239,400

Median Sea Girt Market Value

$1,334,400

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 Girt, Monmouth County, New Jersey

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
08750	$419,440	$556,400	$1,334,400	$2,296,300	$3,135,760

Source: Ownwell

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

In Sea Girt, located in Monmouth County, NJ, property tax bills are determined by assessing the property's market value and applying the local tax rate. The median home price in this area is $1,334,400, which significantly influences the tax bill. Homeowners in Sea Girt face a median property tax bill that stands at $11,263, much higher than the national median of $2,400. Factors such as property size, location, and improvements play a critical role in calculating the assessed value, which in turn affects the tax obligation. With the 25th percentile tax bill at $8,358 and the 90th percentile reaching $19,029, the financial impact on homeowners can be substantial. Ownwell offers valuable assistance to homeowners by providing property tax appeal and exemption services. By analyzing property assessments and identifying discrepancies, Ownwell helps to lower tax bills, ensuring homeowners don't overpay. This service can be especially beneficial in high-tax areas like Sea Girt, offering potential savings and financial relief.

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

Source: Ownwell

$5,432

$12,230

$19,028

Median Sea Girt Tax Bill

$11,263

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 Girt, Monmouth County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
08750	$6,453	$8,358	$11,263	$15,002	$19,029

Source: Ownwell