Surf City, Ocean County, New Jersey Property Taxes

Name: Property Tax Bills Across Surf City, Ocean County, New Jersey
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Surf City, NJ effective property tax rate: 0.98%, slightly lower than the national median of 1.02%, but significantly lower than the New Jersey state median of 2.82%.
Median Surf City, NJ home value: $707,350
Median annual Surf City, NJ tax bill: $6,784, $4,384 higher than the national median property tax bill of $2,400.

How are property taxes in Ocean County calculated?

Property taxes in Surf City, 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 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 March 1, 2025

Surf City, Ocean County, New Jersey Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.98%

Estimate Property Tax Bill

$6,932

$6,433

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

Property Tax Rates Across Surf City, Ocean County, New Jersey

Local government entities set property tax rates, which can vary widely within a state. Each county estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the basic annual process. In Surf City, located in Ocean County, New Jersey, the effective property tax rate is 0.98%. This rate is not only the highest but also the lowest in the area, reflecting uniformity in the tax rate across different parts of the city. Compared to the median property tax rate of 1.02% in the U.S., Surf City's rate is slightly below the national median, offering residents a marginally lower financial burden. Understanding these rates can aid property owners in making informed decisions about their investments and expected expenses.

Property Tax Rates Across Surf City, Ocean County, New Jersey

Source: Ownwell

0.83%

2.04%

3.25%

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

0.98%

Median Effective Ocean County Tax Rate

2.26%

Median Effective New Jersey Tax Rate

2.82%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Surf City, Ocean County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
08008	0.90%	0.98%	0.98%	0.98%	0.98%

Source: Ownwell

Property Tax Assessment Values Across Surf City, Ocean County, New Jersey

When examining property taxes in Surf City, 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 Ocean 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. Assessment notices: Ocean County sends assessment notices 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 Surf City. For example, the median home price in Surf City is $707,350, with tax bills ranging significantly across the county. 08008 has the highest median home price at $707,350.

Property Tax Assessment Values Across Surf City, Ocean County, New Jersey

Source: Ownwell

$88,700

$589,800

$1,090,900

Median Surf City Market Value

$707,350

Median Ocean County Market Value

$281,800

Median New Jersey Market Value

$282,900

Median United States Market Value

$235,294

Property Tax Assessment Values Across Surf City, Ocean County, New Jersey

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
08008	$538,090	$593,875	$707,350	$989,225	$1,407,620

Source: Ownwell

Property Tax Bills Across Surf City, Ocean County, New Jersey

In Surf City, Ocean County, NJ, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The median home price here is $707,350, significantly higher than the national average, which influences the property tax bills. Homeowners in Surf City face a median tax bill that can range from $5,726 at the 25th percentile to $13,559 at the 90th percentile. The highest and lowest median tax bills in the area are both $6,784, reflecting the uniformity in assessed values within the zip code 08008. These bills are notably higher than the national median property tax bill of $2,400, emphasizing the financial burden on homeowners.

Ownwell offers a solution by helping homeowners appeal their property tax assessments, potentially lowering their tax bills. Our experts analyze your property’s assessed value and market conditions to identify discrepancies and file appeals on your behalf. By doing so, we aim to reduce your property tax burden, ensuring you pay only your fair share.

Property Tax Bills Across Surf City, Ocean County, New Jersey

Source: Ownwell

$1,922

$9,935

$17,948

Median Surf City Tax Bill

$6,784

Median Ocean County Tax Bill

$5,983

Median New Jersey Tax Bill

$8,227

Median United States Tax Bill

$2,400

Property Tax Bills Across Surf City, Ocean County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
08008	$5,078	$5,726	$6,784	$9,556	$13,559

Source: Ownwell