280 HAPETE TRAIL

Medford, Burlington County · Block 20022, Lot 627

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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)
+5.8%

Estimated tax up $487 ($8,376 → $8,863) using 2024→2025 rates (3.802 → 4.023) × assessed net.

Assessment net change: 0.0% ($220,300 → $220,300).

Assessment

Land$79,700
Improvements$140,600
Net (taxable assessed, 2026)$220,300
Town avg ratio used54.68% (Average ratio (Director’s / Chapter 123))
Implied equalized value$402,890
2025 tax (MOD-IV billed)$8,862.67
Est. 2025 tax @ general rate$8,863
Mailing address (2026)280 HAPETE TRL, MEDFORD LAKES; NJ, 080552112

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 $220,300
2025 $220,300 $8,862.67
2024 $220,300 $8,375.81
2023 $220,300 $7,919.79

Mailing changed in 2025 to 280 HAPETE TRL, MEDFORD LAKES; NJ, 080552112.

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 $220,300 73.82% $298,429
2024 $220,300 66.72% $330,186 0.0% +10.6%
2025 $220,300 60.74% $362,693 0.0% +9.8%
2026 $220,300 54.68% $402,890 0.0% +11.1%

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 $220,300 3.595 $7,920 $7,919.79
2024 $220,300 3.802 $8,376 $8,375.81 +5.8%
2025 $220,300 4.023 $8,863 $8,862.67 +5.8%
2026 $220,300

Where your money goes

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

Schools
$5,800 65.4%
County
$1,260 14.2%
Municipal
$1,802 20.3%

Of the estimated change ($487): schools ≈ +62.9%, county ≈ +19.5%, municipal ≈ +17.6%.

District school (1.601)$3,527
Regional / consolidated school (1.032)$2,273
County (0.470)$1,035
County library (0.044)$97
County open space (0.058)$128
Municipal purpose (0.818)$1,802

Property details

Class2
Building class17
Building1SF
Land description0.427 AC
Dwellings1
Commercial units
Year built1962
Acreage0.427
ZoningLR
Tax map page2
Additional lots628;629;630
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$385,000 · 5/6/2024 · sale assessment $220,300
Deed book / page13719 / 02278

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.