The borough had the 20th-highest property tax rate in New Jersey with an equalized rate of 4.442% in 2020, compared to 3.470% in the county as a whole and a statewide average of 2.279%.[20]
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Elk Township was formed as a township by an act of the New Jersey Legislature on April 17, 1891, from portions of Clayton Township, Glassboro Township and South Harrison Township.[19] The township was named for elk hunted in the area.[20]
Harrington Park was formed on March 29, 1904, from portions of Harrington Township and Washington Township, and parts of the borough of Closter.[21][22]
Delanco was named for the Delaware River and Rancocas Creek, which border the community. It was originally called Del-Ranco or Delaranco, a syllabic abbreviation later shortened to Delanco.[21][22]
Highlands was incorporated as a borough by an act of the New Jersey Legislature on March 22, 1900, from parts of Middletown Township. Additional parts of Middletown Township were annexed in 1914.[22]
The Borough of Neptune City was incorporated on October 4, 1881, based on a referendum held on March 19, 1881. The boundaries included all of present-day Neptune City, along with what is now Avon-by-the-Sea and the southern portion of Bradley Beach. On March 23, 1900, a bill approved in the New Jersey Legislature created the Borough of Avon-by-the-Sea. On March 13, 1907, the eastern portion of Neptune City was annexed to the Borough of Bradley Beach.[21] The borough was named for Neptune, the Roman water deity, and its location on the Atlantic Ocean.[22][23]
Commercial Township was incorporated as a township by an act of the New Jersey Legislature on February 27, 1874, from portions of Downe Township.[19] The township was named for its shellfish industry.[20]
Originally a planned community, the borough was named for a pair of lakes which served to distinguish Mountain Lakes as “the first year-round residential lake community in northwestern New Jersey.”[23] Mountain Lakes was incorporated as a borough by an act of the New Jersey Legislature on March 3, 1924, from portions of Boonton Township and Hanover Township, subject to the results of a referendum passed on April 29, 1924.[24][25][26]
The historic community of Sergeantsville is located within Delaware Township, as well as the unincorporated community of Raven Rock.
The borough of Northvale was formed on March 15, 1916, from the remaining portions of Harrington Township, based on the results of a referendum held on April 4, 1916. With the creation of Northvale, Harrington Township was dissolved. Portions of Northvale were transferred to create the borough of Rockleigh, as of March 13, 1923.[20] The borough’s name derives from its location and topography.[21]