Homeowners in Asbury Park, New Jersey paid a median $8,946 a year in property tax on a median home worth $581,100, an effective rate of about 1.54% (Census 2020โ2024).
1.65%Monmouth County overall
Asbury Park vs county, state and US
Effective rate
Median tax paid per year
Tax on a home in Asbury Park
At the local 1.54% effective rate
| Home value | Estimated yearly tax | Per month |
|---|---|---|
| $150,000 | $2,309 | $192 |
| $250,000 | $3,849 | $321 |
| $350,000 | $5,388 | $449 |
| $500,000 | $7,697 | $641 |
Buying a home in Monmouth County? 2026 loan limits
Nearby and related
- Monmouth County property taxcounty overview
- New Jersey property tax by countyranked
- Long Branch, NJ1.43% effective
- Tinton Falls, NJ1.56% effective
- West Freehold, NJ1.88% effective
- Eatontown, NJ1.80% effective
- Red Bank, NJ1.78% effective
- Cost of living in New Jerseyprices & rents
Source: U.S. Census Bureau, American Community Survey 2020โ2024 5-year estimates, tables B25103 (median real estate taxes paid), B25077 (median home value), B25003, B25088, B19013 and B01003. These are 2020โ2024 medians reported by owner-occupants, not 2026 tax bills or official mill rates. The effective rate here is median tax รท median home value. Actual bills depend on assessed value, exemptions (homestead, senior, veteran) and local levies. Check with your county assessor or treasurer. Not tax advice.
Frequently asked questions
What is the property tax rate in Asbury Park, New Jersey?
Homeowners in Asbury Park, New Jersey paid a median $8,946 a year in property tax on a median home worth $581,100, an effective rate of about 1.54% (Census 2020โ2024).
How much is property tax on a $250,000 home in Asbury Park?
About $3,849 a year at the 1.54% median effective rate. Exemptions such as homestead can lower it.
Is property tax in Asbury Park higher than the rest of New Jersey?
Asbury Park ranks #183 lowest of 626 New Jersey places we track. The statewide effective rate is 2.11%. Monmouth County overall is 1.65%.