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2021 Property Tax Rate Remains “Flat and Stable”; Monroe Township Tax Bills Mailed Today

Modest Reduction in Municipal Portion of Property Taxes Contributes to Flat Rate 

MONROE TOWNSHIP, N.J.  – August 3, 2021 – Monroe Township tax bills are being mailed today and will include stubs for the final third and fourth quarter taxes of 2021 as well as estimated 2022 first and second quarter taxes according to state law. 

“Our final budget reduces the municipal tax rate from $.493 to $.489 per $100 assessed value.  This modest decrease contributed to a stable, flat rate,” said Mayor Stephen Dalina. Water and sewer rates will remain the same in 2021.

Residents will have 25 days from the mail date to remit payment.  The grace period for payment has been extended to August 31 after which interest will begin to accrue from the beginning of the third quarter. 

Monroe Township Mayor Stephen Dalina is pleased to announce a flat overall property tax rate for 2021 that incorporates county, school, municipal and fire tax rates.  The Monroe Township municipal tax rate has seen a less than 1% average increase over the past seven years.  

“We are working hard together to and save our residents as much money as possible while preparing for the future of our Township,” Mayor Dalina added.  “Earlier this month, for example, we refinanced $28.5 million in municipal debt, backed by a strong AA+ bond rating, that will net the Township nearly $2.4 million in savings over 12 years.”

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All media inquiries may be directed to the Monroe Township’s Public Information Officer Stacey Kennedy at 732-521-4400 or skennedy@monroetwp.com.