Beachwood, Ocean County, New Jersey Property Taxes
Property Taxes in Beachwood, New Jersey
Median Beachwood, New Jersey effective property tax rate: 2.74%, significantly lower than the national median of 1.02%, and lower than the New Jersey state median of 2.88%.
Median Beachwood, New Jersey home value: $199,300
Median annual Beachwood, New Jersey tax bill: $5,422, $3,022 higher than the national median property tax bill of $2,400.
How are property taxes in Ocean County calculated?
Property taxes in Beachwood, 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 Beachwood's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Beachwood, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Beachwood, Ocean County, New Jersey Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.74%
Estimate Property Tax Bill
$5,461
$5,067
How Does the Beachwood Property Tax Calculator Work?
Use this Beachwood property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and the calculator applies Beachwood's median effective tax rate of 2.74% — based on actual property records in Ocean 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. The calculator applies Beachwood's median effective rate across local levies, providing a more accurate estimate than using a single county millage rate.
Beachwood's median effective tax rate is higher than New Jersey's 2.88% median rate, and the median property tax bill is $5,422, which is $3,022 higher than the state median bill. Rates are the same across ZIP code 08722, so your estimate should remain consistent within the city.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Beachwood.
About Beachwood Property Taxes
About Property Taxes in Beachwood, Ocean, New Jersey
Beachwood’s median effective property tax rate of 2.74% is lower than the New Jersey state median of 2.88% and higher than the national median of 1.02%. This rate reflects the Ocean 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 Beachwood. Homeowners in ZIP code 08722 carry a median effective rate of 2.74%, while those in 08722 pay 2.74%. This spread — 0 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Ocean County. Understanding which part of Beachwood you live in can make a meaningful difference to your annual tax bill.
Beachwood 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 Beachwood, Ocean 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 Beachwood'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 Beachwood Tax Rate
2.74%
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 Ocean County Tax Rate
2.35%
Median Effective New Jersey Tax Rate
2.88%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Beachwood, Ocean County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08722 | 2.62% | 2.74% | 2.74% | 2.74% | 2.74% |
Source: Ownwell
Property Tax Assessment Values Across Beachwood, Ocean County, New Jersey
When examining property taxes in Beachwood, 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 Ocean 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 Ocean County, assessment notices are sent in February each year. They'll typically reach your mailbox by the middle of February.
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 Beachwood.
For example, the median home price in Beachwood is $199,300, with tax bills ranging significantly across the county. 08722 has the highest median home price at $199,300.
Property Tax Assessment Values Across Beachwood, Ocean County, New Jersey
Source: Ownwell
$105,700
$603,200
$1,100,700
Median Beachwood Market Value
$199,300
Median Ocean County Market Value
$288,500
Median New Jersey Market Value
$288,200
Median United States Market Value
$235,294
Property Tax Assessment Values Across Beachwood, Ocean County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08722 | $155,800 | $175,400 | $199,300 | $235,500 | $298,000 |
Source: Ownwell
Property Tax Bills Across Beachwood, Ocean County, New Jersey
How are property tax bills calculated in Beachwood?
Property tax bills in Beachwood are based on the assessed value of a home and the local tax rate set by taxing authorities in Ocean County. The bill is determined by multiplying the assessed value by the applicable rate, so homes with higher assessed values generally face larger tax bills. Factors such as property characteristics, location, and local budgets can all influence the final amount.
What do Beachwood homeowners typically pay?
The median home price in Beachwood is $199,300, and the median property tax bill is $5,422 in ZIP code 08722. That is well above the national median property tax bill of $2,400 and the national median property tax rate of 1.02%. The 25th percentile tax bill is $4,772, while the 75th percentile is $6,359, and the 90th percentile reaches $7,780.
For homeowners, these taxes can significantly affect monthly housing costs and overall affordability, especially when assessed values rise faster than expected.
Median Beachwood Tax Bill
$5,422
Median Ocean County Tax Bill
$6,412
Median New Jersey Tax Bill
$8,638
Median United States Tax Bill
$2,400
Property Tax Bills Across Beachwood, Ocean County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08722 | $4,240 | $4,772 | $5,422 | $6,359 | $7,780 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | April 1 |
Links | |
|---|---|
| Ocean Tax Assessor | |
| Website | tax.co.ocean.nj.us |