Point Pleasant Boro, Ocean County, New Jersey Property Taxes
Property Taxes in Point Pleasant Boro, New Jersey
Median Point Pleasant Boro, New Jersey effective property tax rate: 2.19%, significantly lower than the national median of 1.02%, and lower than the New Jersey state median of 2.88%.
Median Point Pleasant Boro, New Jersey home value: $333,500
Median annual Point Pleasant Boro, New Jersey tax bill: $7,277, higher than the national median property tax bill of $2,400.
How are property taxes in Ocean calculated?
Property taxes in Point Pleasant Boro, 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 Point Pleasant Boro's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Point Pleasant Boro, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Point Pleasant Boro, Ocean County, New Jersey Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.19%
Estimate Property Tax Bill
$7,304
$6,778
How Does the Point Pleasant Boro Property Tax Calculator Work?
Use this Point Pleasant Boro property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Point Pleasant Boro's median effective tax rate of 2.19% — based on actual property records in Ocean County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment system uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Point Pleasant Boro'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 Point Pleasant Boro: rates range from 2.19% in 08742 to 2.19% in 08742, 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 Point Pleasant Boro.
About Point Pleasant Boro Property Taxes
About Property Taxes in Point Pleasant Boro, Ocean, New Jersey
Point Pleasant Boro’s median effective property tax rate of 2.19% 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 Point Pleasant Boro. Homeowners in the 08742 ZIP code carry a median effective rate of 2.19%, while those in the same ZIP code also pay 2.19%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Ocean County. Understanding which part of Point Pleasant Boro you live in can make a meaningful difference to your annual tax bill.
Point Pleasant Boro homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before April 1, 2026.
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 Point Pleasant Boro, 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 Point Pleasant Boro'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 Point Pleasant Boro, 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 Point Pleasant Boro Tax Rate
2.19%
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 Point Pleasant Boro, Ocean County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08742 | 2.19% | 2.19% | 2.19% | 2.19% | 2.19% |
Source: Ownwell
Property Tax Assessment Values Across Point Pleasant Boro, Ocean County, New Jersey
When examining property taxes in Point Pleasant Boro, 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. Ocean County 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 Point Pleasant Boro.
For example, the median home price in Point Pleasant Boro is $333,500, with tax bills ranging significantly across the county. 08742 has the highest median home price at $333,500.
Property Tax Assessment Values Across Point Pleasant Boro, Ocean County, New Jersey
Source: Ownwell
$105,700
$603,200
$1,100,700
Median Point Pleasant Boro Market Value
$333,500
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 Point Pleasant Boro, Ocean County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08742 | $250,000 | $281,500 | $333,500 | $444,900 | $618,640 |
Source: Ownwell
Property Tax Bills Across Point Pleasant Boro, Ocean County, New Jersey
Property tax bills in Point Pleasant Boro are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value of the property. The assessed value is then used to determine how much a homeowner owes each year, and that amount can change when the market shifts or when a reassessment occurs.
For a home with a median price of $333,500, the tax bill can vary widely depending on the assessment and the local rate. In this area, the median tax bill is $7,277 in ZIP code 08742, while the 25th percentile tax bill is $6,147, the 75th percentile is $9,714, and the 90th percentile reaches $13,452.
These taxes can have a major impact on homeowners because they add a significant annual cost on top of mortgage payments and other housing expenses. Compared with the national median property tax rate of 1.02% and the national median property tax bill of $2,400, Point Pleasant Boro homeowners often face much higher bills.
Property Tax Bills Across Point Pleasant Boro, Ocean County, New Jersey
Source: Ownwell
$2,422
$11,440
$20,458
Median Point Pleasant Boro Tax Bill
$7,277
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 Point Pleasant Boro, Ocean County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08742 | $5,465 | $6,147 | $7,277 | $9,714 | $13,452 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | April 1 |
Links | |
|---|---|
| Ocean Tax Assessor | |
| Website | tax.co.ocean.nj.us |