6038 MAIN STREET

Hamilton, Atlantic County · Block 743, Lot 4

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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 $119 ($4,577 → $4,696) using 2024→2025 rates (3.431 → 3.520) × assessed net.

Assessment net change: 0.0% ($133,400 → $133,400).

Assessment

Land$38,200
Improvements$95,200
Net (taxable assessed, 2026)$133,400
Town avg ratio used54.02% (Average ratio (Director’s / Chapter 123))
Implied equalized value$246,946
2025 tax (MOD-IV billed)$4,695.68
Est. 2025 tax @ general rate$4,696
Mailing address (2026)6038 MAIN STREET, MAYS LANDING; NJ, 08330

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 $133,400
2025 $133,400 $4,695.68
2024 $133,400 $4,576.95
2023 $133,400 $4,527.60

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 $133,400 75.92% $175,711
2024 $133,400 68.93% $193,530 0.0% +10.1%
2025 $133,400 61.97% $215,265 0.0% +11.2%
2026 $133,400 54.02% $246,946 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 $133,400 3.394 $4,528 $4,527.60
2024 $133,400 3.431 $4,577 $4,576.95 +1.1%
2025 $133,400 3.520 $4,696 $4,695.68 +2.6%
2026 $133,400

Where your money goes

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

Schools
$2,459 52.4%
County
$902 19.2%
Municipal
$1,335 28.4%

Of the estimated change ($119): schools ≈ +27.0%, county ≈ +39.3%, municipal ≈ +33.7%.

District school (1.145)$1,527
Regional / consolidated school (0.698)$931
County (0.593)$791
County library (0.042)$56
County health (0.025)$33
County open space (0.016)$21
Municipal purpose (1.001)$1,335

Property details

Class2
Building class17
Building2SF
Land description50 X 193
Dwellings1
Commercial units
Year built1869
Acreage0.2215
ZoningVC
Tax map page3003
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$335,000 · 8/6/2024 · sale assessment $133,400
Deed book / page15699 / 03575

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.