The Assessor’s Office, under the general direction of the Monmouth County
Board of Taxation and the State Director of Taxation, undertakes the
assessing activities of the Borough as prescribed by law.
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Responsible for establishing an assessed valuation for
property in the Borough as of October 1 of the prior year.
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Determines the taxability of each parcel, not the taxes The
tax rate is formulated by the County Tax Board from the State approved
budgets of the County, the two school districts, the Municipality.
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Processes building permits to determine the value for added
assessments. If improvements were made to your property during the year you
may receive an additional bill for this added value in October, due November
1st.
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Adds new ratables to the tax rolls.
Reviews all applications for exemptions and deductions such as Veterans,
Senior Citizen, and Disabled Persons. These applications are available from
either the Assessor’s or Collector’s Office.
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Maintains the current tax map for the Township along with
property record cars for each property with the correct owner.
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Defends assessments upon appeal. You are notified of your
current year’s assessment by postcard on or before February 1 f you disagree
with this value your must file an appeal by April 1 Instructions are on the
reverse side of the card.
Freehold Borough has a five year tax abatement program on improvements, which
must be filed within 30 days of the UCC NEW JERSEY CERTIFICATE issued by the
Code Office, for both residential and commercial properties.