| Primary address | 40 Melrose Terrace, Middletown |
| Zip code | 07748 |
| County | Monmouth |
| Municipality | Middletown Township |
| Block | 632 |
| Lot | 108 |
| Neighborhood | New Monmouth |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Current property tax | $17,960 |
| Building sqft | 2,852 |
| Building class | Residential (2) |
| Acreage | 0.376
|
| Year built | 1955 |
| Stories | 1 |
| Exterior structural material | Register |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Property reports include comprehensive occupancy, improvement and development information (where available).
Create a free account to access valuable data points such as:
40 Melrose Terrace, Middletown, NJ 07748 was built in 1955 and has a total of 2,852 square feet.
What is the assessed value of 40 Melrose Terrace, Middletown, NJ 07748 and the property tax paid?Assessed at $860,600, the tax amount paid for 40 Melrose Terrace, Middletown, NJ 07748 is $18,210.
View detailed property contacts like owners, building management, representatives from permits and tenants with a free account.
Create a free account to view the complete sales history for 40 Melrose Terrace, Middletown, including title documents, transfer conditions, mortgages and liens.
Access detailed property tax data for 40 Melrose Terrace, Middletown, NJ 07748. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025 |
| Base tax | $18,210 |
| Current property tax | $17,960 |
| Market value | $860,600 |
Here's the assessment & property tax history for 40 Melrose Terrace, Middletown, including the evolution of the total tax rate and corresponding property tax.
| Year | Market value | Assessment value | Total tax rate | Property tax | Year over year change |
|---|---|---|---|---|---|
| 2025 | $860,600 | $860,600 | 2.116 | $18,210 | +37.89% |
| 2024 | $802,800 | $802,800 | 1.645 | $13,206 | +19.08% |
| 2023 | $638,100 | $638,100 | 1.738 | $11,090 | -1.11% |
| 2022 | $595,600 | $595,600 | 1.883 | $11,215 | -1.63% |
| 2021 | $548,100 | $548,100 | 2.08 | $11,400 | -2.71% |
Create a free account to unlock extended information for 40 Melrose Terrace, Middletown, including whether it's located in FEMA flood zones, floodways or special flood hazard areas, as well as the Coastal barriers resources system area (COBRA).
| FEMA flood zone(s) | X (See more on map) |
| Fire hazard zone | See more on map |
| Geohazard zones map | Register |
Access the detailed traffic volume map for 40 Melrose Terrace, Middletown to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.
| View daily traffic map |
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| New Monmouth Elementary School | 5 | Public | K-5 | 498 | 0.77 |
| St Marys School | NR | Private | PK-8 | 427 | 0.78 |
| St Marys School | NR | Private | PK-8 | 427 | 0.78 |
| Middletown Village Elementary School | 6 | Public | PK, K-5 | 454 | 0.94 |
| Middletown Village Elementary School | 6 | Public | PK, K-5 | 454 | 0.94 |
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| St Marys School | NR | Private | PK-8 | 427 | 0.78 |
| Thorne Middle School | 5 | Public | 6-8 | 620 | 1.78 |
| Thompson Middle School | 7 | Public | 6-8 | 878 | 2.25 |
| West Side Christian Academy | NR | Private | 1-12 | 18 | 2.51 |
| New School Of Monmouth County | NR | Private | 33 | 2.58 |
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| Middletown - North High School | 6 | Public | 9-12 | 1,340 | 0.42 |
| Mater Dei Prep High School | NR | Private | 9-12 | 316 | 0.78 |
| West Side Christian Academy | NR | Private | 1-12 | 18 | 2.51 |
| New School Of Monmouth County | NR | Private | 33 | 2.58 | |
| Middletown - South High School | 7 | Public | 9-12 | 1,474 | 2.86 |
Data provided by GreatSchools.org © 2025. All rights reserved.
Here are the neighbors for 40 Melrose Terrace, Middletown.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 12 Forest Dr, Middletown | 960 | 08/20/1992 | $1 |
| 32 Melrose Ter, Middletown | 960 | 05/17/2025 | $1 |
| 22 Melrose Ter, Middletown | 1,344 | 06/28/2003 | $1 |
| 16 Forest Dr, Middletown | 1,152 | 08/21/1989 | $155,000 |
| 10 Forest Dr, Middletown | 1,897 | 11/11/2016 | $246,000 |
| 34 Melrose Ter, Middletown | 960 | ||
| 28 Melrose Ter, Middletown | 1,301 | 01/27/2017 | $226,000 |
| 24 Melrose Ter, Middletown | 1,440 | ||
| 42 Melrose Ter, Middletown | 960 | 10/10/2023 | $1 |
| 44 Melrose Ter, Middletown | 3,040 | 02/21/1986 | $125,000 |
| 8 Forest Dr, Middletown | 960 | 12/22/2020 | $10 |
| 38 Melrose Ter, Middletown | 1,512 | 11/15/2019 | $1 |
| 36 Melrose Ter, Middletown | 1,338 | ||
| 26 Melrose Ter, Middletown | 1,264 | 10/30/2017 | $410,000 |
| 4 Forest Dr, Middletown | 1,933 | 02/17/1987 | $129,900 |
| 20 Melrose Ter, Middletown | 1,320 | 11/03/1997 | $142,000 |
| 2 Forest Dr, Middletown | 960 | 10/29/2003 | $245,000 |
| 6 Forest Dr, Middletown | 1,408 | 09/30/1994 | $163,500 |
| 30 Melrose Ter, Middletown | 1,503 | ||
| 14 Forest Dr, Middletown | 1,568 | 09/01/2020 | $465,000 |