Keansburg, Monmouth County, New Jersey Property Taxes
Property Taxes in Keansburg, New Jersey
Median Keansburg, New Jersey effective property tax rate: 2.20%, significantly lower than the national median of 1.02%, and lower than the New Jersey state median of 2.88%.
Median Keansburg, New Jersey home value: $306,400
Median annual Keansburg, New Jersey tax bill: $6,685, higher than the national median property tax bill of $2,400.
How are property taxes in Monmouth calculated?
Property taxes in Keansburg, 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 Keansburg's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Keansburg, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Keansburg, Monmouth County, New Jersey Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.2%
Estimate Property Tax Bill
$6,741
$6,255
How Does the Keansburg Property Tax Calculator Work?
Use this Keansburg property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Keansburg's median effective tax rate of 2.20% — based on actual property records in Monmouth County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment office uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Keansburg'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 Keansburg: rates range from 2.20% in 07734 to 2.20% 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 Keansburg.
About Keansburg Property Taxes
About Property Taxes in Keansburg, Monmouth, New Jersey
Keansburg's median effective property tax rate of 2.20% 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 city.
Property tax rates are not uniform across Keansburg. Homeowners in the 07734 ZIP code carry a median effective rate of 2.20%, while those in 07734 pay 2.20%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Monmouth County. Understanding which part of Keansburg you live in can make a meaningful difference to your annual tax bill.
Keansburg homeowners who believe their assessed value is too high can file a formal appeal with the local 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 Keansburg, 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 Keansburg's effective property tax rate to other cities in New Jersey and the median property tax rates in New Jersey and the U.S.
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 Keansburg Tax Rate
2.20%
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 Keansburg, Monmouth County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07734 | 1.75% | 1.99% | 2.20% | 2.33% | 2.43% |
Source: Ownwell
Property Tax Assessment Values Across Keansburg, Monmouth County, New Jersey
When examining property taxes in Keansburg, 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. 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 Keansburg.
For example, the median home price in Keansburg is $306,400, with tax bills ranging significantly across the county. 07734 has the highest median home price at $306,400.
Property Tax Assessment Values Across Keansburg, Monmouth County, New Jersey
Source: Ownwell
$306,400
$1,667,525
$3,028,650
Median Keansburg Market Value
$306,400
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 Keansburg, Monmouth County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07734 | $226,080 | $259,850 | $306,400 | $369,850 | $432,620 |
Source: Ownwell
Property Tax Bills Across Keansburg, Monmouth County, New Jersey
Property tax bills in Keansburg are based on the assessed value of a home and the local tax rate set by taxing authorities. When a property’s market value changes, the assessed value can shift as well, which affects the final bill. Local budgets for schools, municipal services, and county needs also play a role in determining how much homeowners owe.
For homeowners in Keansburg, the property tax bill can be a major part of annual housing costs. With a median home price of $306,400, tax bills in the area are substantial, and the median tax bill is $6,685. That is well above the national median property tax bill of $2,400 and the national median property tax rate of 1.02%. Bills range from $5,325 at the 25th percentile to $9,947 at the 90th percentile, showing how much the amount can vary based on a home’s assessed value and location.
Median Keansburg Tax Bill
$6,685
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 Keansburg, Monmouth County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07734 | $4,372 | $5,325 | $6,685 | $8,260 | $9,947 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | April 1 |
Links | |
|---|---|
| Monmouth Tax Assessor | |
| Website | oprs.co.monmouth.nj.us |