550 CENTRAL AVE C-12
Linwood, Atlantic County · Block 150, Lot 2, Qual C0312
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 up $145 ($4,837 → $4,982) using 2024→2025 rates (3.815 → 3.929) × assessed net.
Assessment net change: 0.0% ($126,800 → $126,800).
Assessment
| Land | $59,800 |
|---|---|
| Improvements | $67,000 |
| Net (taxable assessed, 2026) | $126,800 |
| Town avg ratio used | 64.39% (Average ratio (Director’s / Chapter 123)) |
| Implied equalized value | $196,925 |
| 2025 tax (MOD-IV billed) | $4,981.97 |
| Est. 2025 tax @ general rate | $4,982 |
| Mailing address (2026) | 9205 VENTNOR AVE, MARGATE CITY; NJ, 084022447 |
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 | $126,800 | — |
| 2025 | $126,800 | $4,981.97 |
| 2024 | $118,100 | $4,505.52 |
| 2023 | $118,100 | $4,413.40 |
Mailing changed in 2024 to 9205 VENTNOR AVE, MARGATE CITY; NJ, 084022447.
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 | $118,100 | 88.13% | $134,007 | — | — |
| 2024 | $118,100 | 77.09% | $153,198 | 0.0% | +14.3% |
| 2025 | $126,800 | 69.98% | $181,195 | +7.4% | +18.3% |
| 2026 | $126,800 | 64.39% | $196,925 | 0.0% | +8.7% |
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 | $118,100 | 3.737 | $4,413 | $4,413.40 | — |
| 2024 | $118,100 | 3.815 | $4,506 | $4,505.52 | +2.1% |
| 2025 | $126,800 | 3.929 | $4,982 | $4,981.97 | +10.6% |
| 2026 | $126,800 | — | — | — | — |
Where your money goes
Component $ = net × (component rate ÷ 100). Percents are share of school + county + municipal components for rate year 2025.
Of the estimated change ($145): schools ≈ +14.9%, county ≈ +21.1%, municipal ≈ +64.0%.
| District school (1.497) | $1,898 |
|---|---|
| Regional / consolidated school (0.767) | $973 |
| County (0.524) | $664 |
| County health (0.022) | $28 |
| County open space (0.014) | $18 |
| Municipal purpose (1.058) | $1,342 |
| Municipal library (0.047) | $60 |
Property details
| Class | 2 |
|---|---|
| Building class | 33 |
| Building | 1S-CONDO |
| Land description | 977 SF |
| Dwellings | 1 |
| Commercial units | — |
| Year built | 1990 |
| Acreage | 0.0224 |
| Zoning | BUS |
| Tax map page | 22 |
| Additional lots | — |
| Census tract / block | — |
| Special tax codes | — |
| MOD-IV current-year tax | — |
| Last sale | $330,000 · 11/11/2022 · sale assessment $118,100 |
| Deed book / page | 15360 / 66877 |
See this lot on the statewide map, then come back for the full tax story.
Show on mapSources: 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.