Asbury Park, New Jersey property tax

Median property tax, home value and effective rate (Census 2020โ€“2024)

Updated Oct 17, 2026, 1:57 AM ET
Effective property tax rate
1.54%

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 2020โ€“2024).

Census ACS 2020โ€“2024 5-year medians

#183 lowest of 626New Jersey places we cover

1.65%Monmouth County overall
Median tax paid
$8,946
per year, 2020โ€“24
Median home value
$581,100
owner-occupied
Effective rate
1.54%
tax รท value
Tax vs. income
11.8%
of $75,544 median household income
Owner costs
$2,619/mo
median with a mortgage, incl. tax & insurance

Asbury Park vs county, state and US

Effective rate

Asbury Park1.54%
Monmouth County1.65%
New Jersey2.11%
United States0.94%

Median tax paid per year

Asbury Park$8,946
Monmouth County$10,001
New Jersey$9,590
United States$3,119

Tax on a home in Asbury Park

At the local 1.54% effective rate

Home valueEstimated yearly taxPer 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

Source: U.S. Census Bureau, American Community Survey 2020โ€“2024 5-year estimates, tables B25103 (median real estate taxes paid), B25077 (median home value), B25003, B25088, B19013 and B01003. These are 2020โ€“2024 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 2020โ€“2024).

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%.