172 MOHAWK TRAIL

Medford, Burlington County · Block 30027, Lot 1019

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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 $696 ($11,976 → $12,672) using 2024→2025 rates (3.802 → 4.023) × assessed net.

Assessment net change: 0.0% ($315,000 → $315,000).

Assessment

Land$86,600
Improvements$228,400
Net (taxable assessed, 2026)$315,000
Town avg ratio used54.68% (Average ratio (Director’s / Chapter 123))
Implied equalized value$576,079
2025 tax (MOD-IV billed)$12,672.45
Est. 2025 tax @ general rate$12,672
Mailing address (2026)172 MOHAWK TR, 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 $315,000
2025 $315,000 $12,672.45
2024 $315,000 $11,976.30
2023 $315,000 $11,324.25

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 $315,000 73.82% $426,714
2024 $315,000 66.72% $472,122 0.0% +10.6%
2025 $315,000 60.74% $518,604 0.0% +9.8%
2026 $315,000 54.68% $576,079 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 $315,000 3.595 $11,324 $11,324.25
2024 $315,000 3.802 $11,976 $11,976.30 +5.8%
2025 $315,000 4.023 $12,672 $12,672.45 +5.8%
2026 $315,000

Where your money goes

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

Schools
$8,294 65.4%
County
$1,802 14.2%
Municipal
$2,577 20.3%

Of the estimated change ($696): schools ≈ +62.9%, county ≈ +19.5%, municipal ≈ +17.6%.

District school (1.601)$5,043
Regional / consolidated school (1.032)$3,251
County (0.470)$1,481
County library (0.044)$139
County open space (0.058)$183
Municipal purpose (0.818)$2,577

Property details

Class2
Building class17
Building1SF2CG
Land description0.394 AC
Dwellings1
Commercial units
Year built1958
Acreage0.394
ZoningLR
Tax map page5
Additional lots1020
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$337,500 · 5/26/2016 · sale assessment $315,000
Deed book / page13230 / 04069

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.