Manalapan's Tax Rate is Less Than State Average
Cost of rebuilding after Sandy could affect rates, according to Star-Ledger analysis
Manalapan's property tax bills remain less than the state average and the township's tax increase from 2011 to 2012 was 0.5 percent less than the state average. The $7,593.95 for Manalapan Township was less than the statewide average of $7,870.28 and the property taxes increased in the township 1.2 percent from 2011 to 2012, according to a Star-Ledger analysis. Property tax bills actually decreased in 117 municipalities, and remained flat in 4 others. The Star-Ledger reported noted that property taxes statewide rose 2.4 percent in 2011, the first year Christie’s 2 percent cap was in effect. But the trend of lower increases could be reversed because of Hurricane Sandy, according to the report. In Manasquan, which suffered some of the worst …
