6964 MARKET ST

Hamilton, Atlantic County · Block 362, Lot 5

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Assessment year 2026 · Rate year 2025 · Prior rate 2024

Assessments are tax year 2026; latest published general rate we have is 2025. Estimate uses that rate until the 2026 rate is loaded.

Estimated tax story (homeowner view)
+2.6%

Estimated tax up $1 ($21 → $21) using 2024→2025 rates (3.431 → 3.520) × assessed net.

Assessment net change: 0.0% ($600 → $600).

Assessment

Land$600
Improvements$0
Net (taxable assessed, 2026)$600
Town avg ratio used54.02% (Average ratio (Director’s / Chapter 123))
Implied equalized value$1,111
2025 tax (MOD-IV billed)$21.12
Est. 2025 tax @ general rate$21
Mailing address (2026)2575GLENDALE AVENUE, PETERSBURG; VA, 23805

How the ratio works: New Jersey towns often assess below full market value. The average ratio (Director’s / Chapter 123) estimates what percent of true market value the town’s assessments represent. Implied equalized value ≈ assessed net ÷ (ratio ÷ 100). Example: assessed $187,600 at 55.89% ≈ $335,700 equalized. Tax bills still use assessed value × the general tax rate — not the equalized figure.

Year-by-year assessed value & tax

From NJ MOD-IV files (2023, 2024, 2025, 2026). Tax is the MOD-IV billed amount when present; otherwise —. Current mailing is in Assessment above.

Year Assessed net Tax
2026 $600
2025 $600 $21.12
2024 $600 $20.59
2023 $600 $20.36

Assessed value & ratio history

Parcel assessed nets come from MOD-IV year files (2023, 2024, 2025, 2026). Town average ratios are from Abstract / Chapter 123 when available — implied equalized = assessed ÷ (ratio ÷ 100).

Tax year Assessed net Avg ratio Implied equalized Assessed Δ Equalized Δ
2023 $600 75.92% $790
2024 $600 68.93% $870 0.0% +10.1%
2025 $600 61.97% $968 0.0% +11.2%
2026 $600 54.02% $1,111 0.0% +14.7%

Tax year history

Assessed net is from that year’s MOD-IV file. Est. tax = assessed × that year’s general rate when we have the rate sheet. Billed tax is the MOD-IV tax field when present (often empty for the newest file year).

Tax year Assessment net General rate Est. tax (that year) Billed tax Est. vs prior
2023 $600 3.394 $20 $20.36
2024 $600 3.431 $21 $20.59 +1.1%
2025 $600 3.520 $21 $21.12 +2.6%
2026 $600

Where your money goes

Component $ = net × (component rate ÷ 100). Percents are share of school + county + municipal components for rate year 2025.

Schools
$11 52.4%
County
$4 19.2%
Municipal
$6 28.4%
District school (1.145)$7
Regional / consolidated school (0.698)$4
County (0.593)$4
County library (0.042)$0
County health (0.025)$0
County open space (0.016)$0
Municipal purpose (1.001)$6

Property details

Class1
Building class10
Building
Land description200 X 100
Dwellings1
Commercial units
Year built
Acreage0.4591
ZoningMV
Tax map page1409
Additional lots6;7;8;13;14;15;16
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale
Deed book / page03408 / 00326

See this lot on the statewide map, then come back for the full tax story.

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Sources: NJ Division of Taxation MOD-IV (current parcel file) and tax rates for 2025 (Abstract of Ratables). Estimates are not an official tax bill. Owner names are not shown. Full disclaimer.