![]() More: Meet Monroe Township's newest council memberĭalina said water and sewer rates will remain flat and continue to be among the lowest in the region. ![]() Only Cranbury had a lower effective tax rate.įigures from Middlesex County say properties in Monroe were assessed in 2022 at 76.97% of their market value. The effective rate is based on properties being assessed at 100% of their market value. The mayor said Monroe remains having the second lowest overall effective tax rate in Middlesex County. This is the third year the municipal use tax rate has remained the same. “This is my third budget as your mayor, and our team has worked very hard to develop a responsible budget proposal that continues to provide excellent services but keeps municipal taxes flat." “With growing inflation and ongoing economic uncertainty, many residents including myself have had to tighten their belts, and my job as mayor is to do the same to keep our community affordable,” Mayor Stephen Dalina said in a statement. The municipal use tax, which accounts for only a fifth of the total property tax bill that also includes school and county taxes, funds municipal services such as police, public works and recreation. ![]() That translates to a municipal use tax bill of $1,711 on a home assessed at $350,000. The municipal use tax rate will remain at 48.9 cents per $100 of assessed value. MONROE – The township has introduced a $69.7 million budget for 2023 that calls for no increase in the municipal use tax rate. ![]()
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