Property taxes in Monmouth County, New Jersey
Homes in Monmouth County pay about 1.65% of their value in property taxes each year, or about $13,730 on a home at the local median sale price of $832,140. That’s lower than the typical county in New Jersey (2.10%).
Effective rate1.65%Of home value per year
Rank in New Jersey#18 of 211 = highest rate
Tax at the median sale price$13,730On $832,140
Estimated yearly and monthly tax by home price
| Home price | Per year | Per month |
|---|---|---|
| $250,000 | $4,125 | $344 |
| $400,000 | $6,600 | $550 |
| $600,000 | $9,900 | $825 |
| $800,000 | $13,200 | $1,100 |
| $1,000,000 | $16,500 | $1,375 |
Towns in Monmouth County
Why New Jersey towns differ
In New Jersey each municipality sets its own rate, and school and county budgets are split among towns, so two neighboring towns can differ by a full percentage point or more. Use the town rate for a specific home.
Questions
What is the property tax rate in Monmouth County, New Jersey?
About 1.65% of a home’s value per year, based on U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates.
How much is property tax on a $400,000 home in Monmouth County?
About $6,600 a year, or $550 a month.
Counties in New Jersey with similar rates
More for Monmouth County
Monmouth County loan limitsNew Jersey closing costsAllenhurst 07711 market dataAllentown 08501 market dataAllenwood 08720 market dataAsbury Park 07712 market dataAtlantic Highlands 07716 market dataAvon By The Sea 07717 market dataBelford 07718 market dataBelmar 07719 market dataBradley Beach 07720 market dataBrielle 08730 market dataCliffwood 07721 market dataColts Neck 07722 market data
Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates.