103 LENAPE TRAIL

Medford, Burlington County · Block 30091, Lot 2159

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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 $558 ($9,596 → $10,154) using 2024→2025 rates (3.802 → 4.023) × assessed net.

Assessment net change: 0.0% ($252,400 → $252,400).

Assessment

Land$75,800
Improvements$176,600
Net (taxable assessed, 2026)$252,400
Town avg ratio used54.68% (Average ratio (Director’s / Chapter 123))
Implied equalized value$461,595
2025 tax (MOD-IV billed)$10,154.05
Est. 2025 tax @ general rate$10,154
Mailing address (2026)103 LENAPE TRAIL, 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 $252,400
2025 $252,400 $10,154.05
2024 $252,400 $9,596.25
2023 $225,000 $8,088.75

Mailing changed in 2024 to 103 LENAPE TRAIL, MEDFORD LAKES; NJ, 08055.

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 $225,000 73.82% $304,795
2024 $252,400 66.72% $378,297 +12.2% +24.1%
2025 $252,400 60.74% $415,542 0.0% +9.8%
2026 $252,400 54.68% $461,595 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 $225,000 3.595 $8,089 $8,088.75
2024 $252,400 3.802 $9,596 $9,596.25 +18.6%
2025 $252,400 4.023 $10,154 $10,154.05 +5.8%
2026 $252,400

Where your money goes

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

Schools
$6,646 65.4%
County
$1,444 14.2%
Municipal
$2,065 20.3%

Of the estimated change ($558): schools ≈ +62.9%, county ≈ +19.5%, municipal ≈ +17.6%.

District school (1.601)$4,041
Regional / consolidated school (1.032)$2,605
County (0.470)$1,186
County library (0.044)$111
County open space (0.058)$146
Municipal purpose (0.818)$2,065

Property details

Class2
Building class17
Building1.5CC1B1G
Land description0.223 AC
Dwellings1
Commercial units
Year built1960
Acreage0.223
ZoningLR
Tax map page10
Additional lots2160;2161
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$415,000 · 9/23/2022 · sale assessment $225,000
Deed book / page13642 / 02702

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.