![]() If you feel that the assessed value of your property is not accurate you may file an appeal with the Tax Assessor's office the Tax Assessor is responsible for determining the assessed value of all property in Lakewood Township. The elected officials of Lakewood Township only have control over the municipal budget and do not have total control over all of the budgets that can cause your tax rate to go up or down. 1.18% of the budget was funded with State Aid. In 2010, 16.50% of your taxes were forwarded to Ocean County, 50.13% was forwarded to the school district, 2.47% went to the Fire District and 29.72% was used to fund Lakewood Township. To figure out the taxes on a piece of property with a total assessment of $233,778.08 (the average assessment for a residential property in Lakewood Township in 2011) you would divide $233,788.08 by 100 ($2,337.88) and multiply that figure by the tax rate, 2.308 in 2010, the 2011 rate has not yet been struck ($2,337.88 x 2.308 = $5,395.83). The 2010 tax rate for Lakewood Township is 2.308 for every $100.00 of assessed value. You pay taxes for every $100.00 in assessed value. Your tax bill is based on the assessed value of your property. All payments may be made by cash, check, or money order.Īs a statutory officer of the State of New Jersey, the Tax Collector is obligated to follow all the State Statutes regarding property tax collection including billing, due dates, interest on delinquent tax payments and tax sale procedures. Please be advised that the State of New Jersey does not allow the Tax Collector to acknowledge postmarks, therefore taxes must be received in the office on or before the 10th however, if the 10th falls on a weekend or legal holiday, you have until the next business day to make payment. The Township does permit a 10 day grace period. Failure to receive a tax bill does not exempt you from paying taxes or the interest due on delinquent taxes. Property taxes are due on February 1, May 1, August 1, and November 1. The billing and collection of real estate property taxes is governed by state law and applies to every municipality in the state of New Jersey. Your tax bill includes revenues collected by the Township on behalf of the municipality, county and school district. The Tax Collector's Office is responsible for billing and collecting property taxes on property located in Lakewood Township. Information and applications for the Property Tax Reimbursement Program ( “Senior Tax Freeze”) may be obtained directly from the NJ Division of Taxation (1-80) or from their website. ![]() If you are a Veteran with a 100% permanent wartime service-connected disability (as established by the United States Veterans Administration) and domiciled in New Jersey, you may be eligible for additional property tax benefits– please contact your Assessor’s office for information and a DVSSE Exemption Application. Applications and additional details are available through the Tax Assessor’s office (73) or through the NJ Division of Taxation listed below. Each program has specific requirements set by the NJ Division of Taxation which include residency, income restrictions, or specified dates of military service. In addition to placing new construction on the municipal property list, the assessor’s office processes both Veteran and (restricted income) Senior/Disabled Person deductions these benefits are currently $250. The preceding information is also included annually on the assessment postcard for reference. Owners of properties with an assessment greater than $1,000,000 have the option of filing their appeal directly with the State Tax Court of New Jersey. Information about the appeal process may be obtained from the Ocean County Tax Board website ( or by calling (732)929-2008. Note that this postcard represents the statutory Notice of Assessment, and is not intended for federal or state income tax purposes. Unless otherwise noted on the assessment notice, any property owner who believes there is an error in the derived assessment may review the property record for accuracy, and has the right to appeal their assessment on or before April 1 st annually. Notices are mailed annually in the form of a postcard (typically, on or before February 1) stating the assessment upon which the tax obligation will be based in the ensuing year. It is the responsibility of the Tax Assessor to place a value on each parcel of property situated in his/her taxing district in a factual, objective, and unbiased manner under general laws and by uniform standards. All real property is subject to taxation in the taxing district in which it is located, unless exempted by some provision of the law or the State or Federal Constitution. In accordance with NJSA 54:4 et seq, Tax Assessors are governed by the laws of the State of New Jersey and are overseen by the County Board of Taxation.
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