Hazlet Township, Monmouth County, New Jersey Property Taxes
Property Taxes in Hazlet Township, New Jersey
Median Hazlet Township, New Jersey effective property tax rate: 2.07%, significantly higher than the national median of 1.02%, and lower than the New Jersey state median of 2.88%.
Median Hazlet Township, New Jersey home value: $392,400
Median annual Hazlet Township, New Jersey tax bill: $8,050, $5,650 higher than the national median property tax bill of $2,400.
How are property taxes in Monmouth calculated?
Property taxes in Hazlet Township, New Jersey 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 Hazlet Township's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Hazlet Township, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Hazlet Township, Monmouth County, New Jersey Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.07%
Estimate Property Tax Bill
$8,123
$7,538
How Does the Hazlet Township Property Tax Calculator Work?
Use this Hazlet Township property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Hazlet Township's median effective tax rate of 2.07% — based on actual property records in Monmouth County — to generate your estimate.
Enter your property's estimated assessed value — the figure used to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Hazlet Township's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Hazlet Township: rates range from 2.07% in 07734 to 2.07% in 07734, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Hazlet Township.
About Hazlet Township Property Taxes
About Property Taxes in Hazlet Township, Monmouth, New Jersey
Hazlet Township’s median effective property tax rate of 2.07% is lower than the New Jersey state median of 2.88% and higher than the national median of 1.02%. This rate reflects the Monmouth County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the township.
Property tax rates are not uniform across Hazlet Township. Homeowners in the 07734 ZIP code carry a median effective rate of 2.07%, while those in the same ZIP code also pay 2.07%. This spread — 0.00 percentage points across the same township — reflects how school district boundaries and local assessment districts are drawn across Monmouth County. Understanding which part of Hazlet Township you live in can make a meaningful difference to your annual tax bill.
Hazlet Township homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before the April 1, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Hazlet Township, Monmouth County, New Jersey
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? 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 Hazlet Township's effective property tax rate to other cities in New Jersey and the median property tax rates in New Jersey and the U.S.
Property Tax Rates Across Hazlet Township, Monmouth County, New Jersey
Source: Ownwell
0.41%
1.58%
2.75%
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 Hazlet Township Tax Rate
2.07%
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 Monmouth County Tax Rate
1.64%
Median Effective New Jersey Tax Rate
2.88%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Hazlet Township, Monmouth County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07734 | 2.04% | 2.06% | 2.07% | 2.07% | 2.08% |
Source: Ownwell
Property Tax Assessment Values Across Hazlet Township, Monmouth County, New Jersey
When examining property taxes in Hazlet Township, New Jersey, 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 Monmouth County tax assessor 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.
Assessment notices:
In Monmouth County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of November.
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. For Hazlet Township, the median home price is $392,400, and the median tax bill is $8,050. That is well above the national median property tax bill of $2,400 and the national median property tax rate of 1.02%. The highest median home price is in 07734 at $392,400.
Property Tax Assessment Values Across Hazlet Township, Monmouth County, New Jersey
Source: Ownwell
$306,400
$1,667,525
$3,028,650
Median Hazlet Township Market Value
$392,400
Median Monmouth County Market Value
$565,900
Median New Jersey Market Value
$288,200
Median United States Market Value
$235,294
Property Tax Assessment Values Across Hazlet Township, Monmouth County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07734 | $321,840 | $351,200 | $392,400 | $445,950 | $527,120 |
Source: Ownwell
Property Tax Bills Across Hazlet Township, Monmouth County, New Jersey
How are property tax bills calculated in Hazlet Township?
Property tax bills in Hazlet Township are based on the assessed value of a home and the local tax rate set by the municipality, county, and school district. When a home’s market value changes, the assessed value can be adjusted, which may affect the final bill. For a home with a median price of $392,400, the property tax burden can be substantial, especially when compared with the national median property tax rate of 1.02% and the national median property tax bill of $2,400.
What factors affect the bill?
Several factors influence the amount a homeowner pays, including the home’s assessed value, local budgets, and the tax rates applied in Monmouth County. In Hazlet Township, tax bills are typically much higher than the national median, with the 25th percentile at $7,211 and the 75th percentile at $9,157. That means homeowners often pay a large share of their housing costs in property taxes, which can make annual expenses significantly higher.
Property Tax Bills Across Hazlet Township, Monmouth County, New Jersey
Source: Ownwell
$5,580
$12,512
$19,444
Median Hazlet Township Tax Bill
$8,050
Median Monmouth County Tax Bill
$9,498
Median New Jersey Tax Bill
$8,638
Median United States Tax Bill
$2,400
Property Tax Bills Across Hazlet Township, Monmouth County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07734 | $6,606 | $7,211 | $8,050 | $9,157 | $10,590 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | April 1 |
Links | |
|---|---|
| Monmouth Tax Assessor | |
| Website | oprs.co.monmouth.nj.us |