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2025 general tax rate · Monmouth County, NJ
Roosevelt property tax rate
Roosevelt's 2025 general tax rate is $2.385 per $100 of assessed value. A property assessed at $300,000 owes $7,155.00 for the year. That ranks 368th highest of New Jersey's 564 municipalities, below the middle, $0.580 per $100 below the $2.960 per $100 state median.
- 1General tax rate $2.385 per $100
- 2Bill on $300,000 assessed $7,155.00
Your Roosevelt tax bill
The bill before exemptions and credits. Compare every New Jersey rate.
General rate and effective rate in Roosevelt
New Jersey publishes two rates for every municipality. The general tax rate, $2.385 per $100 in Roosevelt, is the one applied to the assessed value on the bill: $300,000 assessed owes $7,155.00. The effective tax rate, $2.417 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 Roosevelt's assessments at about 101.34% 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 Roosevelt ranks 154th of 564, against 368th on the general rate, and sits $0.280 above the $2.140 median effective rate. At 101.34%, a $300,000 assessment corresponds to roughly $296,033 of market value.
Roosevelt's rate in 2024 and 2025
The general tax rate fell $0.350 per $100 (12.8%) from $2.735 per $100 in 2024, and the same $300,000 assessment owes $1,050.00 less than at last year's rate. In 2024 Roosevelt ranked 321st. The effective rate went from $2.806 to $2.417 per $100 (down 13.86%), and the implied ratio from 102.6% to 101.34%: market values rose faster than assessments.
Tax on common assessed values in Roosevelt
| Assessed value | 2025 bill | At the 2024 rate | Versus NJ median rate |
|---|---|---|---|
| $200,000 | $4,770.00 | $5,470.00 | −$1,150.00 |
| $300,000 | $7,155.00 | $8,205.00 | −$1,725.00 |
| $400,000 | $9,540.00 | $10,940.00 | −$2,300.00 |
| $500,000 | $11,925.00 | $13,675.00 | −$2,875.00 |
| $750,000 | $17,887.50 | $20,512.50 | −$4,312.50 |
Each bill is the assessed value divided by 100 and multiplied by $2.385, before exemptions, credits or special charges. These are assessed values, not sale prices: at 101.34% the $300,000 row is a property worth about $296,033. The last column is the difference from the same assessment at the $2.960 per $100 state median.
How Roosevelt compares in Monmouth County and New Jersey
Among the 53 municipalities in Monmouth County, Roosevelt ranks 3rd highest; the county median is $1.614 per $100, so Roosevelt sits $0.770 per $100 above it. The next higher rate in the county is Marlboro Township at $2.564, and the next lower is Union Beach at $2.145. Statewide, 34% of municipalities have a lower general tax rate than Roosevelt.
Outside Monmouth County, the closest rates are Harrison Town ($2.384, Hudson), Saddle Brook Township ($2.373, Bergen), Bogota ($2.398, Bergen), Maplewood Township ($2.401, Essex). 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 Roosevelt 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 101.34% ratio implied by the state's two rates, that range runs from about 86.14% to 116.54% of market value; the Director's official average ratio for Roosevelt, 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.
Roosevelt property tax questions
What is the property tax rate in Roosevelt, NJ?
Roosevelt's 2025 general tax rate is $2.385 per $100 of assessed value; its effective rate, on market value, is $2.417 per $100. Source: New Jersey Division of Taxation.
How much is the property tax on a $300,000 assessment in Roosevelt?
$300,000 ÷ 100 × $2.385 = $7,155.00 a year, before exemptions and credits. At the 2024 rate the same assessment owed $8,205.00.
Is Roosevelt's tax rate high for New Jersey?
It ranks 368th highest of 564, below the middle of New Jersey municipalities; the median is $2.960 per $100. On the effective rate, which allows for different assessment levels, it ranks 154th.
How do I appeal a Roosevelt 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.