56 CHESTNUT ST

Lumberton, Burlington County · Block 4.1, Lot 10, Qual X

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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)
+14.2%

Estimated tax up $2,848 ($20,109 → $22,957) using 2024→2025 rates (2.662 → 3.039) × assessed net.

Assessment net change: 0.0% ($755,400 → $755,400).

Assessment

Land$277,400
Improvements$478,000
Net (taxable assessed, 2026)$755,400
Town avg ratio used65.45% (Average ratio (Director’s / Chapter 123))
Implied equalized value$1,154,163
2025 tax (MOD-IV billed)
Est. 2025 tax @ general rate$22,957
Mailing address (2026)33 MUNICIPAL DR, LUMBERTON; NJ, 08048

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 $755,400
2025 $755,400
2024 $755,400
2023 $755,400

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 $755,400 85.97% $878,679
2024 $755,400 75.32% $1,002,921 0.0% +14.1%
2025 $755,400 69.45% $1,087,689 0.0% +8.5%
2026 $755,400 65.45% $1,154,163 0.0% +6.1%

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 $755,400 2.503 $18,908
2024 $755,400 2.662 $20,109 +6.4%
2025 $755,400 3.039 $22,957 +14.2%
2026 $755,400

Where your money goes

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

Schools
$15,659 68.2%
County
$3,777 16.5%
Municipal
$3,520 15.3%

Of the estimated change ($2,848): schools ≈ +84.9%, county ≈ +8.2%, municipal ≈ +6.9%.

District school (1.431)$10,810
Regional / consolidated school (0.642)$4,850
County (0.411)$3,105
County library (0.039)$295
County open space (0.050)$378
Municipal purpose (0.426)$3,218
Municipal open space (0.040)$302

Property details

Class15A
Building class
BuildingEDC SCHOOL
Land description
Dwellings
Commercial units
Year built
Acreage
Zoning
Tax map page
Additional lots:26;4
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale
Deed book / page

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.