Jackson Township, Ocean County, New Jersey Property Taxes

Name: Property Tax Bills Across Jackson Township, Ocean County, New Jersey
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Jackson Township, NJ effective property tax rate: 2.58%, significantly higher than the national median of 1.02%, and lower than the New Jersey state median of 2.88%.
Median Jackson Township, NJ home value: $403,100
Median annual Jackson Township, NJ tax bill: $10,408, $8,008 higher than the national median property tax bill of $2,400.

How are property taxes in Ocean County calculated?

Property taxes in Jackson Township, NJ 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 Jackson Township's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Jackson Township, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Jackson Township, Ocean County, New Jersey Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.58%

Estimate Property Tax Bill

$10,400

$9,651

Ownwell’s Jackson Township Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Jackson Township with just two data points. By entering your property's estimated assessed value, our calculator applies Jackson Township’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Ocean County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Jackson Township, Ocean County, New Jersey

Local government entities determine tax rates, resulting in significant variations across a state. This disparity arises because each county calculates its budgetary needs annually and divides this by the total value of all taxable property within its jurisdiction, thus arriving at the property tax rate. Although the process involves voting and legislation, this is the essence of how tax rates are established each year.

In Jackson Township, located in Ocean County, NJ, the effective property tax rate stands out when compared to other cities in New Jersey, as well as the state and national medians. The median property tax rate in Jackson Township is 2.58%, which is considerably higher than the national median of 1.02%. This places a substantial property tax burden on homeowners in the area. The median property tax bill in Jackson Township also exceeds the national median of $2,400, reflecting the higher rate. Understanding these differences is crucial for homeowners seeking to manage their property tax obligations effectively.

Property Tax Rates Across Jackson Township, Ocean County, New Jersey

Source: Ownwell

0.89%

1.90%

2.91%

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 Jackson Township Tax Rate

2.58%

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 Jackson Township, Ocean County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
08527	2.56%	2.57%	2.58%	2.58%	2.63%

Source: Ownwell

Property Tax Assessment Values Across Jackson Township, Ocean County, New Jersey

When examining property taxes in Jackson Township, NJ, 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 the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Jackson Township. For example, the median home price in Jackson Township is $403,100, with tax bills ranging significantly across the county. Zip code 08527 has the highest median home price at $403,100.

Property Tax Assessment Values Across Jackson Township, Ocean County, New Jersey

Source: Ownwell

$105,700

$603,200

$1,100,700

Median Jackson Township Market Value

$403,100

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 Jackson Township, Ocean County, New Jersey

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
08527	$105,100	$171,600	$403,100	$474,850	$562,100

Source: Ownwell

Property Tax Bills Across Jackson Township, Ocean County, New Jersey

In Jackson Township, NJ, property tax bills are determined by assessing the property's market value and applying the local tax rate. Homeowners in this area face a median property tax bill of $10,408, significantly higher than the national median of $2,400. The tax bill can vary widely, with the 25th percentile at $4,431 and the 90th percentile reaching $14,281. These figures highlight the substantial financial impact property taxes can have on homeowners in Jackson Township. Several factors influence the tax bill, including the property's assessed value, local tax rates, and any applicable exemptions. Homeowners often find these taxes burdensome, especially when they exceed the national median rates. Ownwell offers a solution by helping homeowners appeal their property tax assessments and identify potential exemptions. This service can lead to significant savings, reducing the financial strain of high property tax bills. By leveraging expert knowledge and experience, Ownwell ensures homeowners only pay what is fair, potentially saving them thousands of dollars annually.

Property Tax Bills Across Jackson Township, Ocean County, New Jersey

Source: Ownwell

$2,422

$11,440

$20,458

Median Jackson Township Tax Bill

$10,408

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 Jackson Township, Ocean County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
08527	$2,714	$4,431	$10,408	$12,170	$14,281

Source: Ownwell