Property Taxes in Surf City, New Jersey
Median Surf City, New Jersey effective property tax rate: 1.01%, significantly lower than the national median of 1.02%, and lower than the New Jersey state median of 2.88%.
Median Surf City, New Jersey home value: $729,600
Median annual Surf City, New Jersey tax bill: $7,309, $4,909 higher than the national median property tax bill of $2,400.
How are property taxes in Ocean calculated?
Property taxes in Surf City, 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 Surf City's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Surf City, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Surf City Property Tax Calculator Work?
Use this Surf City property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Surf City’s median effective tax rate of 1.01% — based on actual property records in Ocean 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 Surf City’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 Surf City: rates range from 1.01% in 08008 to 1.01% in 08008, 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 Surf City.
About Surf City Property Taxes
About Property Taxes in Surf City, Ocean, New Jersey
Surf City's median effective property tax rate of 1.01% is lower than the Ocean County rate and higher than the New Jersey state median of 2.88%. This rate reflects the Ocean 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 Surf City. Homeowners in the 08008 ZIP code carry a median effective rate of 1.01%, and the same ZIP also shows the city’s median home price of $729,600 and median tax bill of $7,309. Understanding where you live in Surf City can make a meaningful difference to your annual tax bill.
Surf City 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 Surf City, Ocean 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 Surf City’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 Surf City Tax Rate
1.01%
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 Ocean County Tax Rate
2.35%
Median Effective New Jersey Tax Rate
2.88%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Surf City, Ocean County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08008 | 1.00% | 1.00% | 1.00% | 1.01% | 1.01% |
Source: Ownwell
Property Tax Assessment Values Across Surf City, Ocean County, New Jersey
When examining property taxes in Surf City, 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. Ocean County 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 Ocean County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of February.
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. For Surf City, the median home price is $729,600, with a median tax bill of $7,309. Tax bills range from $6,049 at the 25th percentile to $13,900 at the 90th percentile, compared with the national median property tax rate of 1.02% and national median property tax bill of $2,400.
Property Tax Assessment Values Across Surf City, Ocean County, New Jersey
Source: Ownwell
$105,700
$603,200
$1,100,700
Median Surf City Market Value
$729,600
Median Ocean County Market Value
$288,500
Median New Jersey Market Value
$288,200
Median United States Market Value
$274,101
Property Tax Assessment Values Across Surf City, Ocean County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08008 | $549,240 | $602,650 | $729,600 | $1,020,450 | $1,390,360 |
Source: Ownwell
Property Tax Bills Across Surf City, Ocean County, New Jersey
Property tax bills in Surf City are based on the assessed value of a home and the local tax rate set for Ocean County. When a property is reassessed, the tax bill reflects that updated value, so changes in market conditions can affect what homeowners owe. The bill is determined by multiplying the assessed value by the applicable tax rate, which means higher-valued homes generally face larger bills.
For Surf City, the median home price is $729,600, and the median property tax bill is $7,309, which is well above the national median property tax bill of $2,400. Bills can vary widely, with the 25th percentile at $6,049 and the 75th percentile at $10,217. At the 90th percentile, the bill reaches $13,900, showing how quickly taxes can rise for more expensive homes. For homeowners, this means property taxes can be a major part of housing costs and a key factor in long-term affordability.
Median Surf City Tax Bill
$7,309
Median Ocean County Tax Bill
$6,412
Median New Jersey Tax Bill
$8,638
Median United States Tax Bill
$3,209
Property Tax Bills Across Surf City, Ocean County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08008 | $5,513 | $6,049 | $7,309 | $10,217 | $13,900 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | April 1 |
Links | |
|---|---|
| Ocean Tax Assessor | |
| Website | tax.co.ocean.nj.us |