Little Egg Harbor Twp, Ocean County, New Jersey Property Taxes

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

Median Little Egg Harbor Twp, NJ effective property tax rate: 2.74%, significantly higher than the national median of 1.02%, but lower than the NJ state median of 2.82%.
Median Little Egg Harbor Twp, NJ home value: $184,800
Median annual Little Egg Harbor Twp, NJ tax bill: $4,962, $2,562 higher than the national median property tax bill of $2,400.

How are property taxes in Ocean calculated?

Property taxes in Little Egg Harbor Twp, 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 Little Egg Harbor Twp’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Little Egg Harbor Twp, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Little Egg Harbor Twp, Ocean County, New Jersey Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.74%

Estimate Property Tax Bill

$5,064

$4,699

Ownwell’s Little Egg Harbor Twp Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Little Egg Harbor Twp with just two data points.

By entering your property's estimated assessed value, our calculator applies Little Egg Harbor Twp’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 Little Egg Harbor Twp, Ocean County, New Jersey

Local government entities set tax rates, which can vary widely within New Jersey. Annually, 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, this is the annual process in a nutshell. In Little Egg Harbor Township, located in Ocean County, the effective property tax rate stands at 2.74%, significantly higher than the national median property tax rate of 1.02%. This rate is consistent across the township, as reflected by the highest and lowest median tax rates being the same. Compared to the national median property tax bill of $2400, homeowners in this area face higher property tax burdens. Understanding these rates can highlight the importance of property tax appeals and exemptions, providing potential relief for property owners in Little Egg Harbor Township.

Property Tax Rates Across Little Egg Harbor Twp, 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 Little Egg Harbor Twp Tax Rate

2.74%

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 Little Egg Harbor Twp, Ocean County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
08087	2.49%	2.68%	2.74%	2.75%	2.79%

Source: Ownwell

Property Tax Assessment Values Across Little Egg Harbor Twp, Ocean County, New Jersey

When examining property taxes in Little Egg Harbor Township, 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: In Ocean County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Little Egg Harbor Township. For example, the median home price in Little Egg Harbor Township is $184,800, with tax bills ranging significantly across the county. 08087 has the highest median home price at $184,800.

Property Tax Assessment Values Across Little Egg Harbor Twp, Ocean County, New Jersey

Source: Ownwell

$88,700

$589,800

$1,090,900

Median Little Egg Harbor Twp Market Value

$184,800

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 Little Egg Harbor Twp, Ocean County, New Jersey

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
08087	$106,000	$140,800	$184,800	$249,700	$317,000

Source: Ownwell

Property Tax Bills Across Little Egg Harbor Twp, Ocean County, New Jersey

In Little Egg Harbor Township, located in Ocean County, NJ, property tax bills are determined by the assessed value of a home and the local tax rate. With the median home price at $184,800, homeowners face a significant tax burden compared to the national median. The median property tax bill here is $4,962, which is over double the national median of $2,400. Factors like the home's location, improvements, and market conditions influence its assessed value, impacting the tax bill. Homeowners in the 25th percentile pay around $3,809, while those in the 75th percentile see bills as high as $6,758, and the 90th percentile reaches up to $8,596.

Ownwell offers valuable assistance to homeowners by providing expert property tax appeal services. By analyzing local market trends and the specifics of your property, Ownwell identifies opportunities to challenge inflated assessments, potentially reducing your tax bill. This service not only alleviates financial pressure but also ensures you only pay what is fair, making homeownership more affordable in Little Egg Harbor Township.

Property Tax Bills Across Little Egg Harbor Twp, Ocean County, New Jersey

Source: Ownwell

$1,922

$9,935

$17,948

Median Little Egg Harbor Twp Tax Bill

$4,962

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 Little Egg Harbor Twp, Ocean County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
08087	$2,871	$3,809	$4,962	$6,758	$8,596

Source: Ownwell