Report: Middletown 2012 Property Tax Bill Increase Lower Than State Average

In Middletown, property tax bills increased last year, but not as much as the state's average. 

Middletown homeowner taxes on average went up 1 percent last year, according to a Star-Ledger analysis.

Residents paid $8021 on average in property taxes for 2012, an increase of 1%, or $80.

Across New Jersey, the average property tax bill was $7,870, an increase of 1.7%, or $132 over the year before. 

The figures are based on a home assessed at $380,683 -- the township's average. The property owners of such a home would pay $4,978 in school tax, $1,911 in municipal taxes, $1,133 in county tax for a total tax bill of $8,021.

Property tax bills actually decreased in 117 municipalities, and remained flat in 4 others.

But in places like Aberdeen, they increased 4.8%, in Englishtown, 5.8%, and in Sea Bright, 6.9%.

The Star-Ledger reported noted that property taxes statewide rose 2.4 percent in 2011, the first year Christie’s 2 percent cap was in effect. But the trend of lower increases could be reversed because of Hurricane Sandy, according to the report.

In Manasquan, which suffered some of the worst damage from Sandy, local officials said the cost of rebuilding might drive up tax rates by at least 20 percent, the report said. To top it off, the tax base shrank as properties were washed away, according to the report. Towns are allowed to exceed the 2 percent limit on property tax collections for emergencies such as Sandy.

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Town

County

Avg. County Bill

Avg. Municipal Bill

Avg. School Bill

Avg. Total Bill

Percent Change from 2011

Statewide

Average

$1,425.45

$2,324.66

$4,120.16

$7,870.28

1.7%

Middletown

Monmouth

$1,132.75

$1,910.57

$4,978.04

$8,021.36

1.0%