West Long Branch, Monmouth County, New Jersey Property Taxes
Median West Long Branch, NJ effective property tax rate: 1.45%, significantly higher than the national median of 1.02%, but lower than the New Jersey state median of 2.82%.
Median West Long Branch, NJ home value: $637,150
Median annual West Long Branch, NJ tax bill: $9,083, $6,683 higher than the national median property tax bill of $2,400.
How are property taxes in Monmouth County calculated?
Property taxes in West Long Branch, 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 West Long Branch’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in West Long Branch, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
West Long Branch, Monmouth County, New Jersey Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.45%
Estimate Property Tax Bill
$9,239
$8,573
Property Tax Rates Across West Long Branch, Monmouth County, New Jersey
Local government entities set tax rates, which can vary widely within a state. 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.
In West Long Branch, located in Monmouth County, NJ, the effective property tax rate is an important figure for homeowners to consider. The median property tax rate here stands at 1.45%, which is significantly higher than the national median of 1.02%. This means that residents in West Long Branch face higher property tax bills compared to many other areas in the country. However, this rate is consistent with the highest and lowest median tax rates in the area, both recorded at 1.45%. Comparing this to other cities in New Jersey and the U.S., West Long Branch's rate highlights the regional differences in property tax burdens, driven by local budget needs and property values.
Property Tax Rates Across West Long Branch, Monmouth County, New Jersey
Source: Ownwell
0.60%
1.69%
2.77%
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 West Long Branch Tax Rate
1.45%
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 West Long Branch, Monmouth County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07764 | 1.25% | 1.34% | 1.45% | 1.54% | 1.61% |
Source: Ownwell
Property Tax Assessment Values Across West Long Branch, Monmouth County, New Jersey
When examining property taxes in West Long Branch, 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 West Long Branch. For example, the median home price in West Long Branch is $637,150, with tax bills ranging significantly across the county. 07764 has the highest median home price at $637,150.
Property Tax Assessment Values Across West Long Branch, Monmouth County, New Jersey
Source: Ownwell
$230,800
$1,235,100
$2,239,400
Median West Long Branch Market Value
$637,150
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 West Long Branch, Monmouth County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07764 | $416,880 | $495,350 | $637,150 | $883,750 | $1,122,400 |
Source: Ownwell
Property Tax Bills Across West Long Branch, Monmouth County, New Jersey
Property Tax Bills Across West Long Branch, Monmouth County, New Jersey
Source: Ownwell
$5,432
$12,230
$19,028
Median West Long Branch Tax Bill
$9,083
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 West Long Branch, Monmouth County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07764 | $6,019 | $7,248 | $9,083 | $12,327 | $15,939 |
Source: Ownwell