612 W 3RD AVE
Runnemede, Camden County · Block 165, Lot 7
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 up $439 ($7,192 → $7,630) using 2024→2025 rates (4.506 → 4.781) × assessed net.
Assessment net change: 0.0% ($159,600 → $159,600).
Assessment
| Land | $46,700 |
|---|---|
| Improvements | $112,900 |
| Net (taxable assessed, 2026) | $159,600 |
| Town avg ratio used | 54.95% (Average ratio (Director’s / Chapter 123)) |
| Implied equalized value | $290,446 |
| 2025 tax (MOD-IV billed) | $7,630.48 |
| Est. 2025 tax @ general rate | $7,630 |
| Mailing address (2026) | 612 W 3RD AVENUE, RUNNEMEDE NJ, 08078 |
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 | $159,600 | — |
| 2025 | $159,600 | $7,630.48 |
| 2024 | $159,600 | $7,191.58 |
| 2023 | $159,600 | $6,972.92 |
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 | $159,600 | 76.18% | $209,504 | — | — |
| 2024 | $159,600 | 68.14% | $234,224 | 0.0% | +11.8% |
| 2025 | $159,600 | 59.90% | $266,444 | 0.0% | +13.8% |
| 2026 | $159,600 | 54.95% | $290,446 | 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 | $159,600 | 4.369 | $6,973 | $6,972.92 | — |
| 2024 | $159,600 | 4.506 | $7,192 | $7,191.58 | +3.1% |
| 2025 | $159,600 | 4.781 | $7,630 | $7,630.48 | +6.1% |
| 2026 | $159,600 | — | — | — | — |
Where your money goes
Component $ = net × (component rate ÷ 100). Percents are share of school + county + municipal components for rate year 2025.
Of the estimated change ($439): schools ≈ +50.9%, county ≈ +14.2%, municipal ≈ +34.9%.
| District school (1.621) | $2,587 |
|---|---|
| Regional / consolidated school (0.800) | $1,277 |
| County (0.919) | $1,467 |
| County open space (0.034) | $54 |
| Municipal purpose (1.352) | $2,158 |
| Municipal library (0.055) | $88 |
Property details
| Class | 2 |
|---|---|
| Building class | 17 |
| Building | 1FB0G |
| Land description | 71X110 IRR |
| Dwellings | 1 |
| Commercial units | 0 |
| Year built | 1956 |
| Acreage | — |
| Zoning | — |
| Tax map page | 1201 |
| Additional lots | — |
| Census tract / block | — |
| Special tax codes | — |
| MOD-IV current-year tax | — |
| Last sale | $168,500 · 6/30/2017 · sale assessment $159,600 |
| Deed book / page | 10673 / 00483 |
See this lot on the statewide map, then come back for the full tax story.
Show on mapSources: 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.