Welcome to the Monmouth County Board of Taxation's section of the Monmouth County website. The Tax Board Commissioners invite you to make use of the information provided here.
Assessment Demonstration Program (ADP)
In March 2013, Governor Chris Christie signed into law Chapter 15 P.L 2013 known as the Assessment Demonstration Program to begin in tax year 2014. The Monmouth County Board of Taxation and the Monmouth County Municipal Assessors signed on to be the first in the State to take on this cost-saving project.
Since then, many changes have been put in place; changes will continue during the five year rollout of the program that concludes in 2018.
Annual Reassessment and the Impact on Property Taxes
- Annual Reassessments: Ensure that everyone is paying their fair share of taxes (meaning not less and not more than they should) by annually revising every assessment up or down to 100% of current market value.
- 5-Year Internal Data Collection Program: Increase the frequency of property data collection/verification so taxpayers aren't unfairly left paying less or more than they should be for a decade or more.
- Remove Fractional Assessments: Improve the transparency of the tax process for taxpayers by doing away with the confusing fractional assessments of the old tax model.
- Assessment Accuracy: Reduce the need for costly appeals that cost the appealing property owner and the municipality time and money by getting the assessment right the first time.
- Assessment Calendar Changes: Reduce the negative budgetary effects to municipalities by moving up the appeals deadline so appeals are completed and known before budgets are finalized.
Still have questions about the new program and how it affects you? Click the links below for more information about the Assessment Demonstration Program and what you should know.
- Top 10 Frequently Asked Questions - posted Aug. 20, 2015
- More information about the Assessment Demonstration Program
Did you know? More than 70,000 properties saw a reduction in their 2015 tax bill due to the new Assessment Demonstration Program.
Click the image below for graphs showing the ADPs impact at this mid-way point of the program
Property Assessment Date Changes
Nov. 15, 2015 - ASSESSMENT POSTCARD notices for the 2016 Tax Year will now be mailed on or about November 15, 2015. This card will include your 2016 property assessment information. These postcards were previously available each February.
Jan. 15, 2016 – ASSESSMENT APPEAL APPLICATION FILING DEADLINE for the appeal of property assessments to the Monmouth County Board of Taxation is now January 15. This previous deadline was April 1. For specific information about your property, contact your local tax assessor in your Monmouth County municipality.
For a summary of the Assessment Demonstration Program please click below:
Tax Appeal Online Technical Support:
Tax Board Commissioners:
James Stuart, MAI, CTA , President
Kathleen Cody Bjelka, Vice President
Thomas J. Byrne, III
Clifford J. Moore, III
Wayne C. Pomanowski
Matthew S. Clark, CTA, County Tax Administrator
Veronica Schenk, CTA, Asst. Tax Administrator
E-mail: email@example.com Phone: 732- 431-7404 Fax: (732) 409-4890