112 NANTUCKET TRAIL

Medford, Burlington County · Block 30110, Lot 3920

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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 $752 ($12,938 → $13,690) using 2024→2025 rates (3.802 → 4.023) × assessed net.

Assessment net change: 0.0% ($340,300 → $340,300).

Assessment

Land$81,500
Improvements$258,800
Net (taxable assessed, 2026)$340,300
Town avg ratio used54.68% (Average ratio (Director’s / Chapter 123))
Implied equalized value$622,348
2025 tax (MOD-IV billed)$13,690.27
Est. 2025 tax @ general rate$13,690
Mailing address (2026)112 NANTUCKET TR, MEDFORD LAKES; NJ, 080551107

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 $340,300
2025 $340,300 $13,690.27
2024 $340,300 $12,938.21
2023 $340,300 $12,233.79

Mailing changed in 2024 to 112 NANTUCKET TR, MEDFORD LAKES; NJ, 080551107.

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 $340,300 73.82% $460,986
2024 $340,300 66.72% $510,042 0.0% +10.6%
2025 $340,300 60.74% $560,257 0.0% +9.8%
2026 $340,300 54.68% $622,348 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 $340,300 3.595 $12,234 $12,233.79
2024 $340,300 3.802 $12,938 $12,938.21 +5.8%
2025 $340,300 4.023 $13,690 $13,690.27 +5.8%
2026 $340,300

Where your money goes

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

Schools
$8,960 65.4%
County
$1,947 14.2%
Municipal
$2,784 20.3%

Of the estimated change ($752): schools ≈ +62.9%, county ≈ +19.5%, municipal ≈ +17.6%.

District school (1.601)$5,448
Regional / consolidated school (1.032)$3,512
County (0.470)$1,599
County library (0.044)$150
County open space (0.058)$197
Municipal purpose (0.818)$2,784

Property details

Class2
Building class17
Building2S2
Land description100X100
Dwellings1
Commercial units
Year built1966
Acreage0.2296
ZoningLR
Tax map page9
Additional lots3921;3922;3923
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$1 · 6/9/2023 · sale assessment $340,300 · SR1A 14
Deed book / page13675 / 03225

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.