![]() ![]() Proceeds of the sale first go to pay the property's tax lien, and additional proceeds may be remitted to the original owner.įor properties considered the primary residence of the taxpayer, a homestead exemption may exist. In cases of extreme property tax delinquency, the Ocean County Tax Board may seize the delinquent property and offer it for sale at a public tax foreclosure auction, often at a price well under market value. Property tax delinquency can result in additional fees and interest, which are also attached to the property title. Tax liens are not affected by transferring or selling the property, or even filing for bankruptcy. Unpaid property tax can lead to a property tax lien, which remains attached to the property's title and is the responsibility of the current owner of the property. Unlike other taxes which are restricted to an individual, the Ocean County Property Tax is levied directly on the property. Property tax income is almost always used for local projects and services, and does not go to the federal or state budget. Proceeds from the Ocean County Personal Property Tax are used locally to fund school districts, public transport, infrastructure, and other municipal government projects. You can look up the Ocean County Assessor's contact information here (opens in external website). Most county assessors' offices are located in or near the county courthouse or the local county administration building. These property tax records are excellent sources of information when buying a new property or appealing a recent appraisal. The Tax Assessor's office can also provide property tax history or property tax records for a property. The Ocean County Tax Assessor is responsible for assessing the fair market value of properties within Ocean County and determining the property tax rate that will apply. Our data allows you to compare Ocean County's property taxes by median property tax in dollars, median property tax as a percentage of home value, and median property tax as a percentage of the Ocean County median household income. You can use these numbers as a reliable benchmark for comparing Ocean County's property taxes with property taxes in other areas. The median property tax amount is based on the median Ocean County property value of $294,100. Instead, we provide property tax information based on the statistical median of all taxable properties in Ocean County. To compare Ocean County with property tax rates in other states, see our map of property taxes by state.īecause Ocean County uses a complicated formula to determine the property tax owed on any individual property, it's not possible to condense it to a simple tax rate, like you could with an income or sales tax. Hunterdon County collects the highest property tax in New Jersey, levying an average of $8,523.00 (1.91% of median home value) yearly in property taxes, while Cumberland County has the lowest property tax in the state, collecting an average tax of $3,744.00 (2.13% of median home value) per year. You can use the New Jersey property tax map to the left to compare Ocean County's property tax to other counties in New Jersey. Ocean County is ranked 23rd of the 3143 counties for property taxes as a percentage of median income. ![]() The average yearly property tax paid by Ocean County residents amounts to about 6.54% of their yearly income. Ocean County has one of the highest median property taxes in the United States, and is ranked 50th of the 3143 counties in order of median property taxes. Ocean County collects, on average, 1.47% of a property's assessed fair market value as property tax. The median property tax in Ocean County, New Jersey is $4,325 per year for a home worth the median value of $294,100. ![]()
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