38 PANAMA ROAD

Woodland, Burlington County · Block 2312, Lot 1.2

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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)
+1.8%

Estimated tax up $206 ($11,150 → $11,355) using 2024→2025 rates (2.928 → 2.982) × assessed net.

Assessment net change: 0.0% ($380,800 → $380,800).

Assessment

Land$133,900
Improvements$246,900
Net (taxable assessed, 2026)$380,800
Town avg ratio used67.58% (Average ratio (Director’s / Chapter 123))
Implied equalized value$563,480
2025 tax (MOD-IV billed)$11,355.46
Est. 2025 tax @ general rate$11,355
Mailing address (2026)38 PANAMA RD, CHATSWORTH; NJ, 08019

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 $380,800
2025 $380,800 $11,355.46
2024 $380,800 $11,149.82
2023 $380,800 $10,708.10

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 $380,800 88.43% $430,623
2024 $380,800 80.40% $473,632 0.0% +10.0%
2025 $380,800 80.54% $472,809 0.0% -0.2%
2026 $380,800 67.58% $563,480 0.0% +19.2%

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 $380,800 2.812 $10,708 $10,708.10
2024 $380,800 2.928 $11,150 $11,149.82 +4.1%
2025 $380,800 2.982 $11,355 $11,355.46 +1.8%
2026 $380,800

Where your money goes

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

Schools
$8,598 75.7%
County
$1,641 14.5%
Municipal
$1,116 9.8%

Of the estimated change ($206): schools ≈ +116.7%, county ≈ -16.7%, municipal ≈ 0.0%.

District school (1.547)$5,891
Regional / consolidated school (0.711)$2,707
County (0.355)$1,352
County library (0.033)$126
County open space (0.043)$164
Municipal purpose (0.293)$1,116

Property details

Class2
Building class17
Building2STY W/GARAGE
Land description3.86ACRES
Dwellings1
Commercial units
Year built1995
Acreage3.86
Zoning
Tax map pageM023
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$1 · 9/20/1994 · sale assessment $43,000 · SR1A 20
Deed book / page4977 / 293

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.