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2025 general tax rate · Monmouth County, NJ
Lake Como property tax rate
Lake Como's 2025 general tax rate is $1.002 per $100 of assessed value. A property assessed at $300,000 owes $3,006.00 for the year. That ranks 545th highest of New Jersey's 564 municipalities, among the lowest tenth, $1.960 per $100 below the $2.960 per $100 state median.
- 1General tax rate $1.002 per $100
- 2Bill on $300,000 assessed $3,006.00
Your Lake Como tax bill
The bill before exemptions and credits. Compare every New Jersey rate.
General rate and effective rate in Lake Como
New Jersey publishes two rates for every municipality. The general tax rate, $1.002 per $100 in Lake Como, is the one applied to the assessed value on the bill: $300,000 assessed owes $3,006.00. The effective tax rate, $1.109 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 Lake Como's assessments at about 110.68% 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 Lake Como ranks 516th of 564, against 545th on the general rate, and sits $1.030 below the $2.140 median effective rate. At 110.68%, a $300,000 assessment corresponds to roughly $271,052 of market value.
Lake Como's rate in 2024 and 2025
The general tax rate fell $0.110 per $100 (10.3%) from $1.117 per $100 in 2024, and the same $300,000 assessment owes $345.00 less than at last year's rate. In 2024 Lake Como ranked 536th. The effective rate went from $1.180 to $1.109 per $100 (down 6.02%), and the implied ratio from 105.64% to 110.68%.
Tax on common assessed values in Lake Como
| Assessed value | 2025 bill | At the 2024 rate | Versus NJ median rate |
|---|---|---|---|
| $200,000 | $2,004.00 | $2,234.00 | −$3,916.00 |
| $300,000 | $3,006.00 | $3,351.00 | −$5,874.00 |
| $400,000 | $4,008.00 | $4,468.00 | −$7,832.00 |
| $500,000 | $5,010.00 | $5,585.00 | −$9,790.00 |
| $750,000 | $7,515.00 | $8,377.50 | −$14,685.00 |
Each bill is the assessed value divided by 100 and multiplied by $1.002, before exemptions, credits or special charges. These are assessed values, not sale prices: at 110.68% the $300,000 row is a property worth about $271,052. The last column is the difference from the same assessment at the $2.960 per $100 state median.
How Lake Como compares in Monmouth County and New Jersey
Among the 53 municipalities in Monmouth County, Lake Como ranks 43rd highest; the county median is $1.614 per $100, so Lake Como sits $0.610 per $100 below it. The next higher rate in the county is Spring Lake Heights at $1.024, and the next lower is Avon-by-the-Sea at $0.923. Statewide, 3% of municipalities have a lower general tax rate than Lake Como.
Outside Monmouth County, the closest rates are Lavallette ($1.014, Ocean), Teterboro ($1.050, Bergen), Surf City ($1.066, Ocean), Saddle River ($1.067, Bergen). 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 Lake Como 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 110.68% ratio implied by the state's two rates, that range runs from about 94.08% to 127.28% of market value; the Director's official average ratio for Lake Como, 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.
Lake Como property tax questions
What is the property tax rate in Lake Como, NJ?
Lake Como's 2025 general tax rate is $1.002 per $100 of assessed value; its effective rate, on market value, is $1.109 per $100. Source: New Jersey Division of Taxation.
How much is the property tax on a $300,000 assessment in Lake Como?
$300,000 ÷ 100 × $1.002 = $3,006.00 a year, before exemptions and credits. At the 2024 rate the same assessment owed $3,351.00.
Is Lake Como's tax rate high for New Jersey?
It ranks 545th 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 516th.
How do I appeal a Lake Como 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.