345 UNION AVE

Runnemede, Camden County · Block 129, Lot 3

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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)
+6.1%

Estimated tax up $348 ($5,705 → $6,053) using 2024→2025 rates (4.506 → 4.781) × assessed net.

Assessment net change: 0.0% ($126,600 → $126,600).

Assessment

Land$51,000
Improvements$75,600
Net (taxable assessed, 2026)$126,600
Town avg ratio used54.95% (Average ratio (Director’s / Chapter 123))
Implied equalized value$230,391
2025 tax (MOD-IV billed)$6,052.75
Est. 2025 tax @ general rate$6,053
Mailing address (2026)848 JEFFERSON AVE, CHERRY HILL; NJ, 080021452

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 $126,600
2025 $126,600 $6,052.75
2024 $126,600 $5,704.60
2023 $126,600 $5,531.15

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 $126,600 76.18% $166,185
2024 $126,600 68.14% $185,794 0.0% +11.8%
2025 $126,600 59.90% $211,352 0.0% +13.8%
2026 $126,600 54.95% $230,391 0.0% +9.0%

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 $126,600 4.369 $5,531 $5,531.15
2024 $126,600 4.506 $5,705 $5,704.60 +3.1%
2025 $126,600 4.781 $6,053 $6,052.75 +6.1%
2026 $126,600

Where your money goes

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

Schools
$3,065 50.6%
County
$1,206 19.9%
Municipal
$1,781 29.4%

Of the estimated change ($348): schools ≈ +50.9%, county ≈ +14.2%, municipal ≈ +34.9%.

District school (1.621)$2,052
Regional / consolidated school (0.800)$1,013
County (0.919)$1,163
County open space (0.034)$43
Municipal purpose (1.352)$1,712
Municipal library (0.055)$70

Property details

Class2
Building class17
Building1FB1G
Land description100X150
Dwellings1
Commercial units0
Year built1950
Acreage0.3444
Zoning
Tax map page08
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale
Deed book / page00000

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.