Red Bank Boro NJ property tax rate 2025: 1.822 after reassessment

Red Bank Boro, Monmouth County. 4,348 parcels in the MOD-IV 2026 file. Rate shown is tax year 2025 (latest available — not yet matched to assessment year).

2026 revaluation/reassessment town — 2026 general tax rate not in our warehouse yet. Showing 2025 rate against 2026 assessments; YoY % is withheld until the matching rate posts.

Red Bank Boro at a glance

4,348 parcels are on the 2026 file. The 2025 general rate is 1.822, and the prior rate on file is 1.889 for 2024. A typical class 2 assessment is $651,381. Usable sales with a 2025 deed: 114, median $613,500. The state construction file lists 8,922 permits here. The median class 2 house was built in 1930. 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 Red Bank Boro bill

Red Bank Boro’s general rate of 1.822 is tax year 2025 on the 2026 assessment file. It is not a 2026 bill. The prior general rate on file is 1.889 for 2024. This municipality is on the 2026 reassessment list, so the rate move is the roll being reset. It is not, by itself, the change in the bill. School, county, and municipal shares of this rate are 61.0%, 11.9%, and 27.1%. 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 $2,042,897,800 to $2,216,651,100, up 8.5%, on 3,403 parcels. Usable sales with a 2025 deed: median $613,500 (114 sales). The largest class share of net assessed value is Residential at 53.5%. State school aid is outside these bars.

Building permits in Red Bank Boro

The New Jersey construction-permit file lists 8,922 permits in Red Bank Boro. 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 Red Bank Boro construction office.

2025 general tax rate in Red Bank Boro: 1.822

This general rate is tax year 2025. The assessment file is 2026. It is not a 2026 bill.

Schools
61.0%
County
11.9%
Municipal
27.1%

In Monmouth County, the median municipality’s school share (rate year 2025) is 56.6%; this town is 61.0%. 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 Red Bank Boro (K-8 or K-6 local), FY2027 K–12 aid $6,640,221. The high school district is Red Bank Regional, FY2027 K–12 aid $2,280,042. Those aid figures are not slices of these bars. Monmouth district table.

Prior year (2024) general rate: 1.889.

Tax on a $200,000 or $500,000 sale in Red Bank Boro

These figures use Red Bank Boro’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 90.73% would be assessed at about $453,650. At the general rate of 1.822, the estimated tax is $8,266. A $200,000 sale at that same ratio and rate would be assessed at about $181,460, with an estimated tax of $3,306.

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 Red Bank Boro

These are the five newest usable deeds on the 2026 file for Red Bank Boro. 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
14 PROSPECT AVE 10/9/2025 $725,000 $695,400
32 CEDAR CROSSING 10/3/2025 $125,688 $125,400
160 AMBASSADOR DR 9/30/2025 $690,000 $686,200
56 BANK ST 9/29/2025 $579,000 $563,200
23 JOHN ST 9/22/2025 $740,000 $733,300

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 Red Bank Boro: $104,317

Residential

The highest residential estimate in Red Bank Boro is $104,317 at 55 FISHER PL., on a net assessment of $5,725,400 and a 2025 general rate of 1.822.

Address Class Net assessment Rate year Estimated tax
55 FISHER PL. 2 — Residential (four families or less) $5,725,400 2025 $104,317
20 ALSTON CT 2 — Residential (four families or less) $5,428,400 2025 $98,905
21 VISTA PL 2 — Residential (four families or less) $4,395,700 2025 $80,090
45 N PROSPECT AVE 2 — Residential (four families or less) $4,245,000 2025 $77,344
1 VISTA PLACE 2 — Residential (four families or less) $4,200,000 2025 $76,524

Business

The highest business estimate in Red Bank Boro is $647,535 at 110 W FRONT STREET, on a net assessment of $35,539,800 and a 2025 general rate of 1.822.

Address Class Net assessment Rate year Estimated tax
110 W FRONT STREET 4A — Commercial $35,539,800 2025 $647,535
2-40 BRIDGE AVE 4A — Commercial $27,622,000 2025 $503,273
141 W FRONT ST 4A — Commercial $26,741,300 2025 $487,226
6 CENTRAL AVE 4A — Commercial $16,248,200 2025 $296,042
212-220 MONMOUTH ST 4A — Commercial $15,751,600 2025 $286,994

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 Red Bank Boro, typical class 2 assessment $651,381

Class 2 residential in the MOD-IV file: 3,403 parcels, average net assessment $651,381.

How assessments changed

Class 2 residential net assessments changed from $2,042,897,800 to $2,216,651,100, up 8.5%, on 3,403 parcels that have both a prior net and a 2026 net. This is the reassessment roll. It is not the change in the tax bill.

Among 114 usable recorded sales whose latest deed on this file is in 2025, the median price is $613,500. 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.

ClassParcelsNet assessed% of net
Residential 2 3,403 $2,216,651,100 53.5%
Vacant land 1 308 $589,388,300 14.2%
Commercial 4A 565 $975,244,400 23.6%
Industrial 4B 28 $34,094,500 0.8%
Apartment 4C 38 $325,607,900 7.9%
Other / unclassified other 6 $0 0.0%

Housing stock in Red Bank Boro, median year built 1930

On the 2026 file, class 2 houses in Red Bank Boro with a year built have a median year of 1930, about 96 years old. Of those 3,271 houses, the largest share was built Before 1940. This is the assessor’s year built. It is not a ranking of towns.

By parcel count, Residential 78.3%, Commercial 13.0%, Vacant land 7.1%, Apartment 0.9%, Industrial 0.6%, 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

Before 1940
54.9%
1940–1959
17.1%
1960–1979
6.0%
1980–1999
12.2%
2000–2009
5.2%
2010–2026
4.6%

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.

One-family
393 12.1%
Two-family
153 4.7%
Three-family or more
3 <0.1%
Condo
373 11.5%
Other codes
2,325 71.6%

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