Allenhurst and Shrewsbury Township See Property Tax Decreases

While most New Jersey towns face rising home values and higher taxes, a few municipalities bucked the trend.

Apr. 16, 2026 at 7:37pm

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A minimalist, abstract illustration using bold geometric shapes and primary colors to represent the concept of decreasing property taxes in select New Jersey towns, conveying a sense of contrast and change within the state's overall high-tax environment.As most New Jersey towns grapple with rising property taxes, a few municipalities buck the trend with rare tax decreases.Allenhurst Today

According to a report from Monmouth County, the towns of Allenhurst and Shrewsbury Township both saw noticeable decreases in their average property tax bills last year. Allenhurst saw a drop of over 10%, though its average tax bill remains close to $20,000. Shrewsbury Township had a 9% decrease, bringing its average tax down to around $5,100.

Why it matters

Most New Jersey municipalities are dealing with rising home values that continue to push property taxes higher each year. So when a few towns actually see their tax bills go down, it stands out as an unusual occurrence in a state known for its high taxes.

The details

Allenhurst, a town with beautiful homes and a proactive local government, saw its average property tax bill drop by over 10%. However, the average tax bill there is still close to $20,000. Shrewsbury Township, on the other hand, had a 9% decrease in its average tax, bringing it down to around $5,100 - a more substantial difference for residents.

  • In 2025, Allenhurst's average property tax bill decreased by over 10%.
  • In 2025, Shrewsbury Township's average property tax bill decreased by 9%.

The players

Allenhurst

A town in Monmouth County, New Jersey known for its beautiful homes and engaged local government.

Shrewsbury Township

A municipality in Monmouth County, New Jersey that saw a 9% decrease in its average property tax bill in 2025.

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The takeaway

While most New Jersey towns continue to grapple with rising home values and higher property taxes, the decreases seen in Allenhurst and Shrewsbury Township stand out as rare bright spots in an otherwise bleak property tax landscape across the state.