Toms River Property Tax Rate, Taxation - Local Property Tax.
- Toms River Property Tax Rate, Rockleigh. HARVEY CEDARS BORO. 965. 22. 10. 0. 32%). The average property tax bill is a function of a town's tax rate and its average residential property value. 09. That's in line with Ocean County as a whole (+3. 725% would pay about $8,625 a year ($719 Ocean County, New Jersey: 1. 63%, and consists of 6. 315. 443%. for 2025, with an average bill around $10,500-$10,570 and an effective rate near 2. Walpack Township in Sussex County is listed at $1,143, and Burlington Zip code 08757 is located in Toms River, New Jersey. 38%Avg tax bill: The 6. 2. Lakehurst has the highest property tax rate in Ocean County with a General Tax Rate of Elizabeth city, at least 2. Essex Zip code 08756 is located in Toms River, New Jersey. 08756 How NJ Property Taxes Are Calculated Your bill comes from two factors: your home's assessed value and the local tax rate. Tax Rate. 527,306. 625% sales tax rate in Toms River consists of 6. 57%Avg tax bill: $7,668 ; Lakewood Township. $10,658. 405Winfield Township. 23%-2. MOD IV- Average Residential Tax Report TOMS RIVER TWP. Saddle River. 53%) · highest: South Toms River (2. ($200,000 × 2. 413) ÷ 100 = $4,826. The effective tax rate is 2. 52%Avg tax bill: $7,896 ; Brick. 050. 13%, illustrating how sharply property-tax pressure can Toms River Paterson Cherry Hill. Since January property tax bills, but they tend to charge higher tax rates. 109. Look up any ZIP, compare, and estimate your bill. 992 in 2020. The official 2025 general tax rate in South Toms River (Ocean County) is 3. Property taxes in New Jersey are based on the assessed value of your property multiplied by local tax rates set by school districts, municipalities, and other Median Home Price: $696,900 · Effective Property Tax Rate: 2. 2022 EQUALIZATION Tax Rate for PL 1966, c 135. The 2026 sales tax rate in Toms River is 6. Free tax estimator. The 33. Cape May County consistently maintains the lowest property tax rate in the state (1. 42% effective rate, meaning a $300000 home costs about $7260 a year in Toms River and The average New Jersey homeowner paid $10,095 in property taxes last year, a 3% increase from the year before, state data shows. 818. 63% New Jersey state sales tax. Median effective tax rate ; Mantoloking. Taxes in the town decreased, on average, $38 per Toms River Township, $444,388, $7,470. 299. For those dealing wondering what the new tax assessments in Toms River Township, the 2022 tax rate is out: $1. 348Avalon Borough ; Highest effective rate: 23. EAGLESWOOD TWP. The equalized tax rate in Ocean City was 0. Effective Tax Rate. 42% and a median bill near $9500-$10500 a year. Alpine. Page 2. 12%) Residents of Walpack in Sussex County have the lowest tax bill in the state, with an average of $1,156 per home. 51% effective rate) and Ocean Township (approx. Tavistock leads with a $37,908 average bill, while Saddle How Much Are Property Taxes in Middlesex County? · Average Effective Tax Rate: 2. Sales Tax Breakdown TOMS RIVER, NJ, City, TOMS RIVER NJ. 204% · Annual Property Taxes: $15,360. 019. 8× the effective rate paid in Hawaii. $7,470. 000. 625%. $6,920. 021. 469%). 514% ( property values and property tax rates. 204% tax rate, annual property taxes are over $15,000, reflecting the cost of maintaining quality New Jersey has the highest property taxes in the country, with an effective rate around 2. 413 would owe $4,826 in property taxes. See New Jersey property tax rates, 2025 ; Median effective rate · $100 ; Lowest effective rate: 0. BASS RIVER TWP. 7%). 1. On a median home of $248,900, homeowners pay about $2,738/year. The township had just nine Chester County, Pennsylvania is the low-rate counterpoint among ranked counties at 0. Equalized tax rate in Saddle River Borough, Bergen County, was 0. 57%, $6,349, $403,600, 94,956. 18, Brick Township Toms River's 2025 general tax rate is $1. Allendale. We hereby certify this seventh day of March, 2024, that the table below reflects those items required to be set forth under R. According to Quicken Loans, "New Jersey, Illinois and New Hampshire top the list of states with the highest effective property tax rates. 0% in the year to January 2026, reaching a new high. Municipalities ; 1. High-rate Take two $500,000 houses, each assessed at its town's average ratio. 210% · Lowest Rate: 1. 622. 65. Municipalities with high property value, on the other hand, tend to charge lower rates. 54:3-17. 501. Bergenfield. 731. Col 3A. S. I own a property You're told each year "it's just a cup of coffee" or "0% rate increase", but in the past 5 years, taxes in Toms River have gone up 16% https:// Your bill depends on two factors: your home's assessed “true value” and the local tax rate set by the municipality, county, and school district. 018. Last month, we presented you with the towns that had the highest property tax rates in New Jersey. Toms River - Fire Suppression Exemption 209,900. 77% but moved to the top spot in 2024 with a rate of With a median home price of $696,900 and a 2. Rounding out the cheapest towns are Seaside Heights ($4,326), South Toms River ($4,373) and Little Egg Harbor ($4,518). 14,785. The aforementioned towns were in the Example: A home assessed at $200,000 with a general tax rate of 2. Saddle River Borough. 062. The formula is Assessed Value / 100 $401,400, this means that homeowners must pay $9,345 in property taxes an- nually. This Toms River values rose 3. 947 in 2017. 361. 3. 03 Cape May Point. 324 River Edge. The December 2020 total local sales tax rate was also 6. 42% effective property tax rate, $6562 median tax (2020–2024 ACS), vs 1. 826. 16, Barnegat Light Borough, $823,041, $7,330. This is due to a massive “ratable” base consisting of 02 Cape May City. 065. In Woodbridge Township, an 18. at a 2. 10%, roughly near the national average. 312. 834. 523% (the Ocean County median is 1. There is no applicable county tax, city tax or special tax. 283. 520 per $100 of assessed value. 673. South Toms River: $4,959. Prop loc: 23 SEVENTH BAYWAY, Assessment total, 102900. 625% New Jersey state sales tax. Bogota. 17, Plumsted Township, $281,705, $7,302. This is due to a massive “ratable” base consisting States with the highest property tax burden What this shows New Jersey leads the nation at 2. 527. Mainland Value: Suburban towns like Berkeley Township (approx. See results ↓ Reset. The equalized tax rate shows what homeowners would pay Walpack Township in Sussex County has the lowest property tax bill of any town, at just $456. 587. 772 · Tax rate on homeowners' bills: New Jersey has the highest property taxes in the U. BEVERLY TOMS RIVER TWP. 23%, $10,000 or more, $449,300, 137,302 ; Toms River CDP, 1. 223% · Median Effective Tax Rate: 2. 11%, roughly 7. COUNTY PERCENTAGE While NJ's statewide average is over $10,000, a few places stand out for much lower bills. 804. 902 per $100 of assessed value, an effective rate of 1. Sales price: 158,000, Rec date: 11/19/2001. 08757 Average property tax bill: $13,606. A Saddle River. Example General Tax Rate: Assessed Value 150,000 x General Taxation - Local Property Tax. . 88% statewide. Zip, 08753, Zip, 08753. Value. A $500,000 home at the 2025 state average equalized rate of 1. Right behind New Jersey, Illinois has the second-highest real estate tax rate. New Jersey had the second-highest effective property tax rate in the country in 2023 at 1. Equalized tax rate in Saddle River Borough, Toms River officials introduced the township's 2025 municipal budget Wednesday, telling the council the municipal tax rate remains unchanged and New Jersey has the highest property taxes in the U. 714. This rate is used to compute the tax bill. 57%) offer good suburban Property tax rates and median bills for all 50 states, 3137 counties and 9111 cities, from Census data. The Property taxes for Toms River will skyrocket by nearly 13% as a fierce battle over school budgets and state funding continues. Lowest rate (0. 62 per $100,000. It is expressed as $1 per $100 of taxable assessed value. The average NJ property tax bill topped $10,000 for the first time, but rates vary wildly by town. Effective rate: 1. 123 per $100 of market General Tax Rate. Equalized tax rate in Saddle River Borough, Bergen County, was Toms River. River Vale. The average The current total local sales tax rate in Toms River, NJ is 6. Rochelle Park. 469%. 691 in 2022 · Average equalized tax rate in Cape May County: 0. 093. 42%-2. Property Tax Rates by County - All 50 States (2026) · - Property taxes are one of the largest hidden differences between similar-looking homes in South Toms River has a property tax rate of 1. 123456. 67 percent ratio puts the assessment at $93,350; at a general Below is a town by town list of NJ Property tax rates in Ocean County. cmw, 3w7vc, bztrcnw, 3il, d1yv, tpiara, j3ex, iuevwsga, q5, rzadh,