Manchester, Ocean County, New Jersey Property Taxes
Median Manchester, NJ effective property tax rate: 2.17%, significantly higher than the national median of 1.02%, but lower than the New Jersey state median of 2.82%.
Median Manchester, NJ home value: $164,100
Median annual Manchester, NJ tax bill: $3,524, $1,124 higher than the national median property tax bill of $2,400.
How are property taxes in Ocean calculated?
Property taxes in Manchester, 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 Manchester’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Manchester, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Manchester, Ocean County, New Jersey Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.17%
Estimate Property Tax Bill
$3,561
$3,304
Property Tax Rates Across Manchester, Ocean County, New Jersey
Local government entities set tax rates, which can vary widely within a state. This is because 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, in a nutshell, this is the annual process. Below, you can compare Manchester’s effective property tax rate to other cities in New Jersey and the median property tax rates in New Jersey and the U.S.
Manchester, located in Ocean County, stands out with its effective property tax rate of 2.17%, significantly higher than the national median property tax rate of 1.02%. This rate is consistent across the county, as seen in the zip codes 08757 and 08759, both reflecting the same rate. This places Manchester among the higher taxed areas in New Jersey, where property tax rates are known to be among the highest in the nation. Understanding these rates can help property owners make informed decisions about property tax appeals and exemptions.
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 Manchester Tax Rate
2.17%
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 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 Manchester, Ocean County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08757 | 2.17% | 2.17% | 2.17% | 2.17% | 2.17% |
| 08759 | 2.00% | 2.17% | 2.17% | 2.17% | 2.17% |
Source: Ownwell
Property Tax Assessment Values Across Manchester, Ocean County, New Jersey
When examining property taxes in Manchester, 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.
In Ocean 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 Manchester.
For example, the median home price in Manchester is $164,100, with tax bills ranging significantly across the county. Zip code 08759 has the highest median home price at $165,600.
Property Tax Assessment Values Across Manchester, Ocean County, New Jersey
Source: Ownwell
$88,700
$589,800
$1,090,900
Median Manchester Market Value
$164,100
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 Manchester, Ocean County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08757 | $72,700 | $88,700 | $88,700 | $94,000 | $102,500 |
| 08759 | $110,400 | $133,800 | $165,600 | $232,950 | $299,800 |
Source: Ownwell
Property Tax Bills Across Manchester, Ocean County, New Jersey
In Manchester, NJ, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. Several factors influence this assessment, including the property's size, location, and condition. For homeowners in Manchester, the median tax bill is notably higher than the national median of $2,400, with bills ranging from $2,732 at the 25th percentile to $6,397 at the 90th percentile. This can significantly impact homeowners financially, especially when compared to the national median property tax rate of 1.02%.
Ownwell assists homeowners by providing expert property tax appeal services, potentially lowering their tax bills. Through a comprehensive analysis of property assessments and local tax rates, Ownwell identifies opportunities for savings. By appealing over-assessments, homeowners can reduce their financial burden and ensure fair taxation. With Ownwell's support, Manchester homeowners can navigate the complexities of property tax appeals and achieve substantial savings.
Median Manchester Tax Bill
$3,524
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 Manchester, Ocean County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08757 | $1,575 | $1,922 | $1,922 | $2,037 | $2,221 |
| 08759 | $2,247 | $2,821 | $3,551 | $4,995 | $6,429 |
Source: Ownwell