300 HAPETE TRAIL

Medford, Burlington County · Block 20022, Lot 637.1

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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)
+5.8%

Estimated tax up $5 ($84 → $89) using 2024→2025 rates (3.802 → 4.023) × assessed net.

Assessment net change: 0.0% ($2,200 → $2,200).

Assessment

Land$2,200
Improvements$0
Net (taxable assessed, 2026)$2,200
Town avg ratio used54.68% (Average ratio (Director’s / Chapter 123))
Implied equalized value$4,023
2025 tax (MOD-IV billed)
Est. 2025 tax @ general rate$89
Mailing address (2026)1 CABIN CIRCLE DR, MEDFORD LAKES; NJ, 08055

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 $2,200
2025 $2,200
2024 $2,200
2023 $2,200

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 $2,200 73.82% $2,980
2024 $2,200 66.72% $3,297 0.0% +10.6%
2025 $2,200 60.74% $3,622 0.0% +9.8%
2026 $2,200 54.68% $4,023 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 $2,200 3.595 $79
2024 $2,200 3.802 $84 +5.8%
2025 $2,200 4.023 $89 +5.8%
2026 $2,200

Where your money goes

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

Schools
$58 65.4%
County
$13 14.2%
Municipal
$18 20.3%

Of the estimated change ($5): schools ≈ +62.9%, county ≈ +19.5%, municipal ≈ +17.6%.

District school (1.601)$35
Regional / consolidated school (1.032)$23
County (0.470)$10
County library (0.044)$1
County open space (0.058)$1
Municipal purpose (0.818)$18

Property details

Class15C
Building class
Building
Land description0.075 AC
Dwellings
Commercial units
Year built
Acreage0.075
ZoningLR
Tax map page2
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale
Deed book / page2453 / 00137

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.