Ocean County, New Jersey property tax
The median homeowner in Ocean County, New Jersey pays $6,499 a year in property tax on a home worth $366,600, an effective rate of 1.77%. The national effective rate is 0.98%.
What the rate means here
At 1.77%, Ocean County taxes property more heavily than the country as a whole, which sits at 0.98%. Unusually, the housing is not cheap either. A rate above the national average on a home worth $366,600 produces a bill of $6,499, and both halves of that are working against the owner.
It ranks #18 of 21 New Jersey counties by effective rate, against a statewide 2.23%, and #157 nationally. The state runs from 3.08% in Camden County down to 1.32% in Cape May County.
The median home costs 4.24 times the median household income of $86,411, close to the national 3.86. At 646,434 residents the county is large enough that its median blends several distinct housing markets.
The rate is derived rather than quoted. How and why.
What that costs at different home values
Arithmetic at the county effective rate, before any exemption or assessment cap.
Housing and income
| Ocean County | New Jersey | United States | |
|---|---|---|---|
| Effective property tax | 1.77% | 2.23% | 0.98% |
| Median tax bill | $6,499 | $9,541 | $2,969 |
| Median home value | $366,600 | $427,600 | $303,400 |
| Median gross rent | $1,702 | $1,653 | $1,348 |
| Median household income | $86,411 | $101,050 | $78,538 |
| Home price to income | 4.24× | 4.23× | 3.86× |
| Rent as share of income | 23.64% | 19.63% | 20.6% |
| Owner-occupied | 80.17% | 63.69% | 65.02% |
Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 646,434.
Nearby counties of similar size
| County | Rate | Median bill | Home value |
|---|---|---|---|
| Monmouth County | 1.77% | $10,001 | $566,500 |
| Hudson County | 1.85% | $9,413 | $508,600 |
| Union County | 2.05% | $10,001 | $488,800 |
| Camden County | 3.08% | $8,063 | $262,200 |
| Passaic County | 2.28% | $10,001 | $439,400 |
Ocean County property tax: common questions
What is the property tax rate in Ocean County, New Jersey?
The effective rate is 1.77% of home value, from a median tax bill of $6,499 against a median home value of $366,600. That is 0.79 points above the national 0.98%.
How much is property tax on a $400,000 home in Ocean County?
Roughly $7,080 a year at the county effective rate of 1.77%.
Is Ocean County expensive compared with the rest of New Jersey?
It ranks #18 of 21 New Jersey counties by effective property tax rate, and #157 of 2,826 nationally. That is 0.46 points below the New Jersey average of 2.23%.
What does housing cost in Ocean County?
The median home is worth $366,600 and median gross rent is $1,702 a month. Median household income is $86,411, which puts the home at 4.24 times annual income and rent at 23.64% of it.