25 HIAWATHA TRAIL

Medford, Burlington County · Block 30055, Lot 2462

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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 $773 ($13,307 → $14,081) using 2024→2025 rates (3.802 → 4.023) × assessed net.

Assessment net change: 0.0% ($350,000 → $350,000).

Assessment

Land$87,500
Improvements$262,500
Net (taxable assessed, 2026)$350,000
Town avg ratio used54.68% (Average ratio (Director’s / Chapter 123))
Implied equalized value$640,088
2025 tax (MOD-IV billed)$14,080.50
Est. 2025 tax @ general rate$14,081
Mailing address (2026)25 HIAWATHA 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 $350,000
2025 $350,000 $14,080.50
2024 $350,000 $13,307.00
2023 $350,000 $12,582.50

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 $350,000 73.82% $474,126
2024 $350,000 66.72% $524,580 0.0% +10.6%
2025 $350,000 60.74% $576,227 0.0% +9.8%
2026 $350,000 54.68% $640,088 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 $350,000 3.595 $12,583 $12,582.50
2024 $350,000 3.802 $13,307 $13,307.00 +5.8%
2025 $350,000 4.023 $14,081 $14,080.50 +5.8%
2026 $350,000

Where your money goes

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

Schools
$9,216 65.4%
County
$2,002 14.2%
Municipal
$2,863 20.3%

Of the estimated change ($773): schools ≈ +62.9%, county ≈ +19.5%, municipal ≈ +17.6%.

District school (1.601)$5,604
Regional / consolidated school (1.032)$3,612
County (0.470)$1,645
County library (0.044)$154
County open space (0.058)$203
Municipal purpose (0.818)$2,863

Property details

Class2
Building class17
Building1S2AG POOL
Land description0.365 AC
Dwellings1
Commercial units
Year built1971
Acreage0.365
ZoningLR
Tax map page7
Additional lots2461.01;2463;2464.01
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$120,000 · 1/16/2003 · sale assessment $125,500 · SR1A 01
Deed book / page06033 / 00463

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.