Property Tax in Monmouth County, New Jersey
In Monmouth County, New Jersey, the median property tax is $10,001/year — an effective tax rate of 1.65%. The median home value is $606,100.
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How Monmouth County Compares
| Metric | Monmouth County | New Jersey Avg | U.S. Avg |
|---|---|---|---|
| Effective Tax Rate | 1.65% | 2.08% | 0.92% |
| Median Tax / Year | $10,001 | $8,559 | $1,630 |
| Median Home Value | $606,100 | $430,014 | $227,706 |
Market Analysis
Monmouth County's effective property tax rate of 1.65% is 20.6% below the New Jersey state average and 80.1% above the U.S. national average. At this rate, a homeowner with a $400,000 property would pay approximately $6,600 per year in property taxes.
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What is the property tax rate in Monmouth County?
The effective property tax rate in Monmouth County is 1.65%, based on the median property tax paid ($10,001) divided by the median home value ($606,100).
How does Monmouth County compare to the rest of New Jersey?
Monmouth County's rate is 20.6% below the New Jersey state average of 2.08%. See the full New Jersey breakdown.
Can I appeal my property tax assessment in Monmouth County?
Yes. Most U.S. counties allow property owners to appeal their assessed value. See our Appeal Guide for the process and deadlines.
What exemptions are available in New Jersey?
New Jersey offers various exemptions, including homestead, senior citizen, veteran, and disability exemptions. See our Exemptions Guide.
Data Source: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates. Variables: B25103 (Median Real Estate Taxes Paid), B25077 (Median Home Value). Public domain. Effective rate = median tax ÷ median home value × 100. This page is for informational purposes only and does not constitute tax or legal advice.