160 NARRAGANSETT TRAIL

Medford, Burlington County · Block 30037, Lot 1399

Show on map

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 $516 ($8,885 → $9,402) using 2024→2025 rates (3.802 → 4.023) × assessed net.

Assessment net change: 0.0% ($233,700 → $233,700).

Assessment

Land$81,800
Improvements$151,900
Net (taxable assessed, 2026)$233,700
Town avg ratio used54.68% (Average ratio (Director’s / Chapter 123))
Implied equalized value$427,396
2025 tax (MOD-IV billed)$9,401.75
Est. 2025 tax @ general rate$9,402
Mailing address (2026)160 NARRAGANSETT 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 $233,700
2025 $233,700 $9,401.75
2024 $233,700 $8,885.27
2023 $233,700 $8,401.52

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 $233,700 73.82% $316,581
2024 $233,700 66.72% $350,270 0.0% +10.6%
2025 $233,700 60.74% $384,755 0.0% +9.8%
2026 $233,700 54.68% $427,396 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 $233,700 3.595 $8,402 $8,401.52
2024 $233,700 3.802 $8,885 $8,885.27 +5.8%
2025 $233,700 4.023 $9,402 $9,401.75 +5.8%
2026 $233,700

Where your money goes

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

Schools
$6,153 65.4%
County
$1,337 14.2%
Municipal
$1,912 20.3%

Of the estimated change ($516): schools ≈ +62.9%, county ≈ +19.5%, municipal ≈ +17.6%.

District school (1.601)$3,742
Regional / consolidated school (1.032)$2,412
County (0.470)$1,098
County library (0.044)$103
County open space (0.058)$136
Municipal purpose (0.818)$1,912

Property details

Class2
Building class17
Building2S1AG
Land description0.235 AC
Dwellings1
Commercial units
Year built1963
Acreage0.235
ZoningLR
Tax map page6
Additional lots1400;1401;1402
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$288,000 · 5/1/2017 · sale assessment $233,700
Deed book / page13278 / 07332

See this lot on the statewide map, then come back for the full tax story.

Show on map

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.