Monmouth’s Biggest Tax Bills

Monmouth County’s average property tax bill came in at $8,975 during 2017, a bill that was about $300 higher than the state average. NJ property taxes: Schools soak up more than half of the average tax bills.

This features the top dozen properties and what they pay in taxes based upon documents with Monmouth County.

1. Freehold Raceway Mall, $11,228,637
Town: Freehold Township Property assessment: $500,608,000
2. Monmouth Mall, $5,227,556
Monmouth Mall in Eatontown Property assessment: $234,104,600
3. Pier Village Development, LLC, $3,673,827
Town: Long Branch Property assessment: $178,254,600
4. Jersey Shore Premium Outlets, $3,477,250
Town: Tinton Falls Property assessment: $175,000,000
5. AT&T Corporate Park, $3,398,400
Town: Middletown Property assessment: $160,000,000
6. Seabrook, $2,682,450
Town: Tinton Falls Property assessment: $135,000,000
7. New Jersey Sports & Exposition Authority (Monmouth Park), $1,895,343
Town: Oceanport Property assessment: $87,869,400
8. Avalon Bay Apartments. $1,496,680
Town: Freehold Township Property assessment: $66,726,700
9. Seaview Square Mall, $1,419,245
Seaview Square Shopping Center in Ocean.
10. Woodshire Apartments, $1,388,398 Town: Ocean Township
Property assessment: $67,693,700
11. Holmdel Towne Center, $1,292,487
Property assessment: $63,700,700
12. The Grove, $1,260,189
The Grove at Shrewsbury
Town: Shrewsbury Property assessment: $58,997,600

If you have any questions about this information or title insurance, please contact Ralph Aponte: 732.914.1400.

Counsellors Title Agency, www.counsellorstitle.net, founded in 1996, is one of New Jersey’s most respected title agencies, serving all 21 New Jersey counties with title insurance, clearing title, escrow, tidelands searches, and closing and settlement services for commercial or industrial properties, waterfront properties and marinas, condominiums, townhouses or residential single family homes. Counsellors Title also features its own Attorney Settlement Assistance Program™ [ASAP], which is an individual resource customized to fit the needs specifically of real estate attorneys, including, Documentation, Preparation, Disbursement of Funds, Attendance at Closing, HUD Preparation or Post-Closing Matters.

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