Robbinsville, Monmouth County, New Jersey Property Taxes
Median Robbinsville, NJ effective property tax rate: 2.20%, significantly higher than the national median of 1.02%, but lower than the New Jersey state median of 2.82%.
Median Robbinsville, NJ home value: $513,350
Median annual Robbinsville, NJ tax bill: $11,254, $8,854 higher than the national median property tax bill of $2,400.
How are property taxes in Monmouth calculated?
Property taxes in Robbinsville, 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 Robbinsville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Robbinsville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Robbinsville, Monmouth County, New Jersey Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.2%
Estimate Property Tax Bill
$11,294
$10,480
Ownwell’s Robbinsville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Robbinsville with just two data points.
By entering your property's estimated assessed value, our calculator applies Robbinsville’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 Robbinsville, Monmouth County, New Jersey
Local government entities determine tax rates, leading to significant variations within a state. This is because each county annually estimates the budget needed to provide services and divides it by the total value of all taxable property in its area, resulting in the property tax rate. While votes and legislation play a role in setting these rates and budgets, this is the essence of the annual process.
Robbinsville, located in Monmouth County, New Jersey, has its own effective property tax rate. When comparing Robbinsville's rate to other cities in New Jersey and the national median, it's crucial to understand how these rates impact property owners. New Jersey is known for having some of the highest property tax rates in the country, which can significantly affect the financial landscape for homeowners. The national median property tax rate is 1.02%, with a median tax bill of $2,400. Understanding these figures helps property owners in Robbinsville and beyond make informed decisions about their property investments and financial planning.
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 Robbinsville Tax Rate
2.20%
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 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 Robbinsville, Monmouth County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08691 | 2.09% | 2.17% | 2.20% | 2.29% | 2.39% |
Source: Ownwell
Property Tax Assessment Values Across Robbinsville, Monmouth County, New Jersey
When examining property taxes in Robbinsville, 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 Robbinsville. For example, the median home price in Robbinsville is $513,350, with tax bills ranging significantly across the county. 08691 has the highest median home price at $513,350.
Property Tax Assessment Values Across Robbinsville, Monmouth County, New Jersey
Source: Ownwell
$230,800
$1,235,100
$2,239,400
Median Robbinsville Market Value
$513,350
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 Robbinsville, Monmouth County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08691 | $319,950 | $393,975 | $513,350 | $639,800 | $766,190 |
Source: Ownwell
Property Tax Bills Across Robbinsville, Monmouth County, New Jersey
In Robbinsville, NJ, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The median home price in Robbinsville is approximately $513,350, significantly higher than the national median. Homeowners in this area face property tax bills that range from $8,452 at the 25th percentile to $17,573 at the 90th percentile, with a median tax bill of $11,254. This is substantially above the national median property tax bill of $2,400, reflecting the area's higher property values and tax rates.
For homeowners, these taxes can represent a significant financial burden, especially when compared to the national median property tax rate of 1.02%. Ownwell assists homeowners by identifying potential savings through property tax appeals and exemptions. By analyzing local market conditions and ensuring that properties are assessed accurately, Ownwell can help reduce the financial strain of high property tax bills, ensuring homeowners are not overpaying. This service is vital for those in Robbinsville seeking to manage their property tax expenses effectively.
Property Tax Bills Across Robbinsville, Monmouth County, New Jersey
Source: Ownwell
$5,432
$12,230
$19,028
Median Robbinsville Tax Bill
$11,254
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 Robbinsville, Monmouth County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08691 | $6,714 | $8,452 | $11,254 | $14,762 | $17,573 |
Source: Ownwell