Home / New Jersey / Monmouth County / Colts Neck Township
2025 general tax rate · Monmouth County, NJ
Colts Neck Township property tax rate
Colts Neck Township's 2025 general tax rate is $1.394 per $100 of assessed value. A property assessed at $300,000 owes $4,182.00 for the year. That ranks 521st highest of New Jersey's 564 municipalities, among the lowest tenth, $1.570 per $100 below the $2.960 per $100 state median.
- 1General tax rate $1.394 per $100
- 2Bill on $300,000 assessed $4,182.00
Your Colts Neck Township tax bill
The bill before exemptions and credits. Compare every New Jersey rate.
General rate and effective rate in Colts Neck Township
New Jersey publishes two rates for every municipality. The general tax rate, $1.394 per $100 in Colts Neck Township, is the one applied to the assessed value on the bill: $300,000 assessed owes $4,182.00. The effective tax rate, $1.489 per $100, is "the general property tax adjusted by the municipality's equalization ratio", the rate on market value. Dividing one by the other puts Colts Neck Township's assessments at about 106.81% of market value, above market value on average; the state median is 70.02%.
The effective rate is the fairer comparison between towns. On it Colts Neck Township ranks 485th of 564, against 521st on the general rate, and sits $0.650 below the $2.140 median effective rate. At 106.81%, a $300,000 assessment corresponds to roughly $280,873 of market value.
Colts Neck Township's rate in 2024 and 2025
The general tax rate fell $0.100 per $100 (6.44%) from $1.490 per $100 in 2024, and the same $300,000 assessment owes $288.00 less than at last year's rate. In 2024 Colts Neck Township ranked 516th. The effective rate went from $1.536 to $1.489 per $100 (down 3.06%), and the implied ratio from 103.09% to 106.81%.
Tax on common assessed values in Colts Neck Township
| Assessed value | 2025 bill | At the 2024 rate | Versus NJ median rate |
|---|---|---|---|
| $200,000 | $2,788.00 | $2,980.00 | −$3,132.00 |
| $300,000 | $4,182.00 | $4,470.00 | −$4,698.00 |
| $400,000 | $5,576.00 | $5,960.00 | −$6,264.00 |
| $500,000 | $6,970.00 | $7,450.00 | −$7,830.00 |
| $750,000 | $10,455.00 | $11,175.00 | −$11,745.00 |
Each bill is the assessed value divided by 100 and multiplied by $1.394, before exemptions, credits or special charges. These are assessed values, not sale prices: at 106.81% the $300,000 row is a property worth about $280,873. The last column is the difference from the same assessment at the $2.960 per $100 state median.
How Colts Neck Township compares in Monmouth County and New Jersey
Among the 53 municipalities in Monmouth County, Colts Neck Township ranks 36th highest; the county median is $1.614 per $100, so Colts Neck Township sits $0.220 per $100 below it. The next higher rate in the county is Fair Haven at $1.427, and the next lower is Tinton Falls at $1.386. Statewide, 7% of municipalities have a lower general tax rate than Colts Neck Township.
Outside Monmouth County, the closest rates are Jackson Township ($1.386, Ocean), Beach Haven ($1.426, Ocean), West Cape May ($1.444, Cape May), Logan Township ($1.445, Gloucester). Because towns assess at different shares of market value, the effective rate is the better guide to what a house of a given price pays.
Appealing a Colts Neck Township assessment
New Jersey appeals go to the Monmouth County Board of Taxation. Monmouth County is one of the three counties on the alternative calendar, so the petition deadline is January 15 (NJ Division of Taxation). Property assessed above $1,000,000 may go directly to the Tax Court, and a County Board judgment can be appealed to the Tax Court within 45 days. The Board tests the assessment against the common level range: the average ratio plus or minus 15%. Using the 106.81% ratio implied by the state's two rates, that range runs from about 90.79% to 122.83% of market value; the Director's official average ratio for Colts Neck Township, which the County Board applies, can differ slightly.
The New Jersey appeal page sets out each step with its source and the ratio arithmetic. This is a summary of the published procedure, not legal advice.
Colts Neck Township property tax questions
What is the property tax rate in Colts Neck Township, NJ?
Colts Neck Township's 2025 general tax rate is $1.394 per $100 of assessed value; its effective rate, on market value, is $1.489 per $100. Source: New Jersey Division of Taxation.
How much is the property tax on a $300,000 assessment in Colts Neck Township?
$300,000 ÷ 100 × $1.394 = $4,182.00 a year, before exemptions and credits. At the 2024 rate the same assessment owed $4,470.00.
Is Colts Neck Township's tax rate high for New Jersey?
It ranks 521st highest of 564, among the lowest tenth of New Jersey municipalities; the median is $2.960 per $100. On the effective rate, which allows for different assessment levels, it ranks 485th.
How do I appeal a Colts Neck Township property assessment?
Petition to the County Board of Taxation: by January 15 (Monmouth County uses the January 15 calendar) (NJ Division of Taxation; Guide to Tax Appeal Hearings). Then: county board hearing and judgment (Set by the County Board); appeal to the tax court (Within 45 days of the County Board's judgment).
Source: New Jersey Division of Taxation, 2025 General Tax Rates (general and effective tax rates by county and municipality); prior year from the 2024 General Tax Rates. Appeal steps: NJ Division of Taxation, Assessment and Appeals (updated August 15, 2025); NJ Division of Taxation, A Guide to Tax Appeal Hearings (revised 2022). Last checked October 21, 2026. This page explains published figures; it is not tax or legal advice.