Millstone Twp NJ property tax rate 2025: 2.116
Millstone Twp, Monmouth County. 4,341 parcels in the MOD-IV 2026 file. Rate shown is tax year 2025 (latest available — not yet matched to assessment year).
Assessments are tax year 2026; latest published general rate we have is 2025. Estimate uses that rate until the 2026 rate is loaded.
Millstone Twp at a glance
4,341 parcels are on the 2026 file. The 2025 general rate is 2.116, and the prior rate on file is 2.263 for 2024. A typical class 2 assessment is $642,696. Usable sales with a 2025 deed: 60, median $904,500. The state construction file lists 2,907 permits here. The median class 2 house was built in 1992. A property page adds that parcel’s permits, flood zone, mapped flood elevation, and high and low ground. Owner names are not shown.
How to read a Millstone Twp bill
Millstone Twp’s general rate of 2.116 is tax year 2025 on the 2026 assessment file. It is not a 2026 bill. The prior general rate on file is 2.263 for 2024. School, county, and municipal shares of this rate are 71.6%, 15.7%, and 12.7%. The largest slice is schools. In Monmouth County the middle school share for rate year 2025 is 56.6% in Rumson Boro. Class 2 net assessments changed from $1,938,016,000 to $2,010,995,600, up 3.8%, on 3,129 parcels. Usable sales with a 2025 deed: median $904,500 (60 sales). The largest class share of net assessed value is Residential at 75.9%. State school aid is outside these bars.
Building permits in Millstone Twp
The New Jersey construction-permit file lists 2,907 permits in Millstone Twp. This file is a full record from 2021 on. Older permits are mostly missing. Work from before then can be missing here and still be at the Millstone Twp construction office.
2025 general tax rate in Millstone Twp: 2.116
This general rate is tax year 2025. The assessment file is 2026. It is not a 2026 bill.
In Monmouth County, the median municipality’s school share (rate year 2025) is 56.6%; this town is 71.6%. The largest slice here is schools. State school aid is not in these bars — it reduces the school levy before the rate is struck. All Monmouth towns · How NJ taxes work.
The school percent is the local property-tax levy. The district for this municipality is Millstone Twp (K-12), FY2027 K–12 aid $2,932,280. Those aid figures are not slices of these bars. Monmouth district table.
Prior year (2024) general rate: 2.263.
Tax on a $200,000 or $500,000 sale in Millstone Twp
These figures use Millstone Twp’s own ratio and general rate. How the same sale price is calculated for every town. This is not an appraisal and not a collector bill.
2025
A $500,000 sale at the 2025 ratio of 67.57% would be assessed at about $337,850. At the general rate of 2.116, the estimated tax is $7,149. A $200,000 sale at that same ratio and rate would be assessed at about $135,140, with an estimated tax of $2,860.
In Monmouth County for 2025, the $500,000 bill runs from $1,895 in Loch Arbour Village to $11,813 in Allentown Boro. The middle bill is $7,130 in Eatontown Boro. All Monmouth towns.
See every New Jersey town on the same $200,000 and $500,000 sale for 2025.
Recent usable sales in Millstone Twp
These are the five newest usable deeds on the 2026 file for Millstone Twp. A $1 deed and a non-usable SR1A sale are left out. Each parcel stores one sale, so this is not every deed recorded in town.
| Address | Deed date | Sale price | Net assessment |
|---|---|---|---|
| 16 ARROWHEAD WAY | 9/30/2025 | $870,000 | $587,600 |
| 10 CHERYL LN | 9/8/2025 | $1,177,000 | $736,200 |
| 4 BESSIE CT | 9/8/2025 | $849,500 | $569,000 |
| 18 BACK BONE HILL RD | 8/27/2025 | $730,000 | $487,400 |
| 842 PERRINEVILLE RD | 8/22/2025 | $655,000 | $425,400 |
Owner names are not shown. The rate year and the assessment file year differ, so this table does not print an estimated tax. This is not a collector’s bill.
Highest estimated tax in Millstone Twp: $45,598
Residential
The highest residential estimate in Millstone Twp is $45,598 at 14 BEACON HILL, on a net assessment of $2,154,900 and a 2025 general rate of 2.116.
| Address | Class | Net assessment | Rate year | Estimated tax |
|---|---|---|---|---|
| 14 BEACON HILL | 2 — Residential (four families or less) | $2,154,900 | 2025 | $45,598 |
| 4 BEECHWOOD LN | 2 — Residential (four families or less) | $1,937,200 | 2025 | $40,991 |
| 1 MOLSBURY LN | 2 — Residential (four families or less) | $1,854,600 | 2025 | $39,243 |
| 53 NURKO RD | 2 — Residential (four families or less) | $1,759,600 | 2025 | $37,233 |
| 14 HAVILAND DR | 2 — Residential (four families or less) | $1,687,000 | 2025 | $35,697 |
Business
The highest business estimate in Millstone Twp is $3,109,087 at 505 STATE HWY 33, on a net assessment of $146,932,300 and a 2025 general rate of 2.116.
| Address | Class | Net assessment | Rate year | Estimated tax |
|---|---|---|---|---|
| 505 STATE HWY 33 | 4B — Industrial | $146,932,300 | 2025 | $3,109,087 |
| 511 STATE HWY 33 | 4B — Industrial | $31,500,000 | 2025 | $666,540 |
| 1 DEBAUN RD | 4B — Industrial | $22,429,000 | 2025 | $474,598 |
| 10 FARRINGTON BLVD | 4B — Industrial | $10,587,600 | 2025 | $224,034 |
| 2 WREN HAVEN DR | 4B — Industrial | $10,200,000 | 2025 | $215,832 |
Owner names are not shown. Every parcel in this town uses the same rate, so the highest tax is the highest assessment. Commercial and industrial parcels (class 4A and 4B) are the business list. Apartment buildings are class 4C and are not in that list. This is not a collector’s bill.
Ratable base in Millstone Twp, typical class 2 assessment $642,696
Class 2 residential in the MOD-IV file: 3,129 parcels, average net assessment $642,696.
How assessments changed
Class 2 residential net assessments changed from $1,938,016,000 to $2,010,995,600, up 3.8%, on 3,129 parcels that have both a prior net and a 2026 net. This is the assessment roll, not an appraisal.
Among 60 usable recorded sales whose latest deed on this file is in 2025, the median price is $904,500. A $1 deed and a non-usable SR1A sale are left out. Each parcel stores one sale, so this is not every deed recorded that year.
Share of net assessed value by property class (MOD-IV). Not a school-quality rating.
| Class | Parcels | Net assessed | % of net |
|---|---|---|---|
| Residential 2 | 3,129 | $2,010,995,600 | 75.9% |
| Vacant land 1 | 539 | $163,735,000 | 6.2% |
| Commercial 4A | 98 | $112,739,700 | 4.3% |
| Industrial 4B | 11 | $246,408,900 | 9.3% |
| Farm (regular) 3A | 215 | $111,134,000 | 4.2% |
| Farm (qualified) 3B | 348 | $4,030,600 | 0.2% |
| Other / unclassified other | 1 | $0 | 0.0% |
Housing stock in Millstone Twp, median year built 1992
On the 2026 file, class 2 houses in Millstone Twp with a year built have a median year of 1992, about 34 years old. Of those 3,122 houses, the largest share was built 1980–1999. This is the assessor’s year built. It is not a ranking of towns.
By parcel count, Residential 72.1%, Vacant land 12.4%, Farm (qualified) 8.0%, Farm (regular) 5.0%, Commercial 2.3%, Industrial 0.3%, Other / unclassified <0.1%. Those percentages are a count of parcels, not a share of tax dollars. The class table uses the tax-base share.
Year built
Assessor building line
Grouped from the assessor’s building abbreviation. One-family, two-family, and condo are the codes that read clearly. Other codes stay in their own group. This is not a bedroom count, and square feet are left off because most records do not include them.