Mobile target tracking is crucial in various applications such as surveillance and autonomous navigation. This study presents a decentralized tracking framework utilizing a Consensus-Based Estimation Filter (CBEF) integrated with the Nearly-Constant-Velocity (NCV) model to predict a moving target's state. The framework facilitates agents in a network to collaboratively estimate the target's position by sharing local observations and achieving consensus despite communication constraints and measurement noise. A saturation-based filtering technique is employed to enhance robustness by mitigating the impact of noisy sensor data. Simulation results demonstrate that the proposed method effectively reduces the Mean Squared Estimation Error (MSEE) over time, indicating improved estimation accuracy and reliability. The findings underscore the effectiveness of the CBEF in decentralized environments, highlighting its scalability and resilience in the presence of uncertainties.