Seaside Park, Ocean County, New Jersey Property Taxes
Median Seaside Park, NJ effective property tax rate: 1.55%, significantly higher than the national median of 1.02%, but lower than the New Jersey state median of 2.82%.
Median Seaside Park, NJ home value: $465,000
Median annual Seaside Park, NJ tax bill: $8,174, $5,774 higher than the national median property tax bill of $2,400.
How are property taxes in Ocean County calculated?
Property taxes in Seaside Park, 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 Seaside Park’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Seaside Park, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Seaside Park, Ocean County, New Jersey Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.55%
Estimate Property Tax Bill
$7,208
$6,688
Property Tax Rates Across Seaside Park, Ocean County, New Jersey
Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county annually estimates its budget to provide necessary services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the core process.
Seaside Park in Ocean County, NJ, presents a unique case in property tax assessments. With an effective property tax rate of 1.55%, it stands significantly above the national median property tax rate of 1.02%. This means that homeowners in Seaside Park contribute more towards local services compared to the average American homeowner. Additionally, Seaside Park's rate aligns with the highest and lowest median tax rates within its zip code, indicating uniformity in assessments across the area. When compared to other cities in New Jersey, Seaside Park's rate is consistent with the state's higher-than-average property tax environment. This consistency highlights the importance of understanding local tax dynamics, as they directly impact property owners' financial responsibilities.
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 Seaside Park Tax Rate
1.55%
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 Seaside Park, Ocean County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08752 | 1.52% | 1.55% | 1.55% | 2.28% | 2.28% |
Source: Ownwell
Property Tax Assessment Values Across Seaside Park, Ocean County, New Jersey
When examining property taxes in Seaside Park, 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 May. 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 Seaside Park. For example, the median home price in Seaside Park is $465,000, with tax bills ranging significantly across the county. Zip code 08752 has the highest median home price at $465,000.
Property Tax Assessment Values Across Seaside Park, Ocean County, New Jersey
Source: Ownwell
$88,700
$589,800
$1,090,900
Median Seaside Park Market Value
$465,000
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 Seaside Park, Ocean County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08752 | $219,220 | $321,275 | $465,000 | $637,250 | $783,410 |
Source: Ownwell
Property Tax Bills Across Seaside Park, Ocean County, New Jersey
Median Seaside Park Tax Bill
$8,174
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 Seaside Park, Ocean County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08752 | $3,992 | $6,224 | $8,174 | $10,863 | $13,505 |
Source: Ownwell