22 RICHMOND AVENUE

Lumberton, Burlington County · Block 12, Lot 3.1

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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)
-61.5%

Estimated tax down $4,051 ($6,586 → $2,535) using 2024→2025 rates (2.662 → 3.039) × assessed net.

Assessment net change: -66.3% ($247,400 → $83,400).

Assessment

Land$83,400
Improvements$0
Net (taxable assessed, 2026)$83,400
Town avg ratio used65.45% (Average ratio (Director’s / Chapter 123))
Implied equalized value$127,426
2025 tax (MOD-IV billed)$7,518.49
Est. 2025 tax @ general rate$2,535
Mailing address (2026)STE 301 1608 ROUTE 88, BRICK; NJ, 087243009

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 $83,400
2025 $247,400 $7,518.49
2024 $247,400 $6,585.79
2023 $247,400 $6,192.42

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 $247,400 85.97% $287,775
2024 $247,400 75.32% $328,465 0.0% +14.1%
2025 $247,400 69.45% $356,228 0.0% +8.5%
2026 $83,400 65.45% $127,426 -66.3% -64.2%

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 $247,400 2.503 $6,192 $6,192.42
2024 $247,400 2.662 $6,586 $6,585.79 +6.4%
2025 $247,400 3.039 $7,518 $7,518.49 +14.2%
2026 $83,400

Where your money goes

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

Schools
$1,729 68.2%
County
$417 16.5%
Municipal
$389 15.3%

Of the estimated change ($-4,051): schools ≈ +64.4%, county ≈ +18.3%, municipal ≈ +17.3%.

District school (1.431)$1,193
Regional / consolidated school (0.642)$535
County (0.411)$343
County library (0.039)$33
County open space (0.050)$42
Municipal purpose (0.426)$355
Municipal open space (0.040)$33

Property details

Class1
Building class17
Building1SF2AG
Land description114X170
Dwellings1
Commercial units
Year built1966
Acreage0.4449
ZoningR75
Tax map page1
Additional lots4;5.01
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$325,000 · 3/23/2022 · sale assessment $247,400
Deed book / page13606 / 06342

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.