12 MAGNOLIA WAY

Clementon, Camden County · Block 75.2, Lot 32

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)
+5.9%

Estimated tax up $50 ($853 → $903) using 2024→2025 rates (4.512 → 4.776) × assessed net.

Assessment net change: 0.0% ($18,900 → $18,900).

Assessment

Land$18,900
Improvements$0
Net (taxable assessed, 2026)$18,900
Town avg ratio used62.40% (Average ratio (Director’s / Chapter 123))
Implied equalized value$30,288
2025 tax (MOD-IV billed)$902.66
Est. 2025 tax @ general rate$903
Mailing address (2026)12 MAGNOLIA WAY, CLEMENTON NJ, 08021

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 (2024, 2025, 2026). Tax is the MOD-IV billed amount when present; otherwise —. Current mailing is in Assessment above.

Year Assessed net Tax
2026 $18,900
2025 $18,900 $902.66
2024 $18,900 $852.77

Mailing changed in 2025 to 12 MAGNOLIA WAY, CLEMENTON NJ, 08021.

Assessed value & ratio history

Parcel assessed nets come from MOD-IV year files (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 81.37%
2024 $18,900 75.60% $25,000
2025 $18,900 67.72% $27,909 0.0% +11.6%
2026 $18,900 62.40% $30,288 0.0% +8.5%

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 4.432
2024 $18,900 4.512 $853 $852.77
2025 $18,900 4.776 $903 $902.66 +5.9%
2026 $18,900

Where your money goes

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

Schools
$362 40.1%
County
$171 19.0%
Municipal
$369 40.9%

Of the estimated change ($50): schools ≈ +49.6%, county ≈ +12.5%, municipal ≈ +37.9%.

District school (1.917)$362
County (0.824)$156
County library (0.052)$10
County open space (0.030)$6
Municipal purpose (1.933)$365
Municipal open space (0.020)$4

Property details

Class2
Building class10
Building3STRY JASMINE
Land description2520SF
Dwellings0
Commercial units0
Year built
Acreage0.0579
Zoning
Tax map page8.01
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$344,990 · 7/16/2024 · sale assessment $18,900 · SR1A 07
Deed book / page12643 / 00541

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.