Roosevelt Boro NJ property tax rate 2025: 2.385 after reassessment
Roosevelt Boro, Monmouth County. 367 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.
Roosevelt Boro at a glance
367 parcels are on the 2026 file. The 2025 general rate is 2.385, and the prior rate on file is 2.735 for 2024. A typical class 2 assessment is $440,246. Usable sales with a 2025 deed: 7, median $370,000. The state construction file lists 360 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 Roosevelt Boro bill
Roosevelt Boro’s general rate of 2.385 is tax year 2025 on the 2026 assessment file. It is not a 2026 bill. The prior general rate on file is 2.735 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 61.3%, 9.3%, and 29.4%. 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 $122,317,000 to $134,275,000, up 9.8%, on 305 parcels. Usable sales with a 2025 deed: median $370,000 (7 sales). The largest class share of net assessed value is Residential at 72.5%. State school aid is outside these bars.
Building permits in Roosevelt Boro
The New Jersey construction-permit file lists 360 permits in Roosevelt 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 Roosevelt Boro construction office.
2025 general tax rate in Roosevelt Boro: 2.385
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 61.3%. 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 Roosevelt Boro (K-12), FY2027 K–12 aid $1,251,033. Those aid figures are not slices of these bars. Monmouth district table.
Prior year (2024) general rate: 2.735.
Tax on a $200,000 or $500,000 sale in Roosevelt Boro
These figures use Roosevelt 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 87.66% would be assessed at about $438,300. At the general rate of 2.385, the estimated tax is $10,453. A $200,000 sale at that same ratio and rate would be assessed at about $175,320, with an estimated tax of $4,181.
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 Roosevelt Boro
These are the five newest usable deeds on the 2026 file for Roosevelt 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 |
|---|---|---|---|
| 56 PINE DRIVE | 7/28/2025 | $370,000 | $362,500 |
| 33 LAKE DRIVE | 7/15/2025 | $335,000 | $338,400 |
| 5 CEDAR COURT | 5/13/2025 | $140,000 | $154,100 |
| 8 TAMARA DRIVE | 4/25/2025 | $385,000 | $374,800 |
| 17 LAKE DRIVE | 4/8/2025 | $745,000 | $730,400 |
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 Roosevelt Boro: $20,871
Residential
The highest residential estimate in Roosevelt Boro is $20,871 at 41 NORTH VALLEY RD, on a net assessment of $875,100 and a 2025 general rate of 2.385.
| Address | Class | Net assessment | Rate year | Estimated tax |
|---|---|---|---|---|
| 41 NORTH VALLEY RD | 2 — Residential (four families or less) | $875,100 | 2025 | $20,871 |
| 39 NORTH VALLEY RD | 2 — Residential (four families or less) | $830,600 | 2025 | $19,810 |
| 39 CLARKSBURG ROAD | 2 — Residential (four families or less) | $808,100 | 2025 | $19,273 |
| 14 ELEANOR LANE | 2 — Residential (four families or less) | $789,400 | 2025 | $18,827 |
| 3 ELEANOR LANE | 2 — Residential (four families or less) | $776,500 | 2025 | $18,520 |
Business
The highest business estimate in Roosevelt Boro is $28,181 at 15 OSCAR DRIVE, on a net assessment of $1,181,600 and a 2025 general rate of 2.385.
| Address | Class | Net assessment | Rate year | Estimated tax |
|---|---|---|---|---|
| 15 OSCAR DRIVE | 4B — Industrial | $1,181,600 | 2025 | $28,181 |
| 30 NORTH VALLEY RD | 4B — Industrial | $639,900 | 2025 | $15,262 |
| 1 FARM LANE | 4A — Commercial | $481,300 | 2025 | $11,479 |
| 1 NORTH ROCHDALE AVE | 4A — Commercial | $413,600 | 2025 | $9,864 |
| 32 NORTH VALLEY RD | 4B — Industrial | $349,200 | 2025 | $8,328 |
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 Roosevelt Boro, typical class 2 assessment $440,246
Class 2 residential in the MOD-IV file: 305 parcels, average net assessment $440,246.
How assessments changed
Class 2 residential net assessments changed from $122,317,000 to $134,275,000, up 9.8%, on 305 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 7 usable recorded sales whose latest deed on this file is in 2025, the median price is $370,000. 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 | 305 | $134,275,000 | 72.5% |
| Vacant land 1 | 40 | $41,905,300 | 22.6% |
| Commercial 4A | 2 | $894,900 | 0.5% |
| Industrial 4B | 3 | $2,170,700 | 1.2% |
| Farm (regular) 3A | 7 | $5,770,200 | 3.1% |
| Farm (qualified) 3B | 9 | $186,700 | 0.1% |
| Other / unclassified other | 1 | $0 | 0.0% |
Housing stock in Roosevelt Boro, median year built 1930
On the 2026 file, class 2 houses in Roosevelt Boro with a year built have a median year of 1930, about 96 years old. Of those 304 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 83.1%, Vacant land 10.9%, Farm (qualified) 2.5%, Farm (regular) 1.9%, Industrial 0.8%, Commercial 0.5%, Other / unclassified 0.3%. 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.