515 CORSON TAVERN RD

Dennis Twp, Cape May County · Block 224, Lot 79

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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)
+13.1%

Estimated tax up $22,839 ($173,909 → $196,748) using 2024→2025 rates (1.896 → 2.145) × assessed net.

Assessment net change: 0.0% ($9,172,400 → $9,172,400).

Assessment

Land$5,160,000
Improvements$4,012,400
Net (taxable assessed, 2026)$9,172,400
Town avg ratio used66.28% (Average ratio (Director’s / Chapter 123))
Implied equalized value$13,838,865
2025 tax (MOD-IV billed)$204,819.69
Est. 2025 tax @ general rate$196,748
Mailing address (2026)PO BOX 2629, ADDISON; TX, 750012629

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.

The stored sale is not used for a change-since-sale figure. SR1A 26 — Not a willing-buyer, willing-seller sale, for a reason outside the other codes marks it non-usable, or the price is a nominal amount.

Building permits for 515 CORSON TAVERN RD

The New Jersey construction-permit file lists 50 permits for 515 CORSON TAVERN RD in Dennis Twp. 34 are still open in the state file. Permit 20260123, an alteration, was issued 6 May 2026 and is open in the state file. The reported cost is $0.

Permit Type Use Issued Closed Reported cost
020210176 Alteration International Residential Code 7 Jun 2021 Open in the state file $5,000
020210189 Alteration International Residential Code 14 Jun 2021 Open in the state file $4,000
020210216 Alteration International Residential Code 1 Jul 2021 Open in the state file $2,500
020210324 Alteration International Residential Code 22 Oct 2021 Open in the state file $1,000
020220052 Alteration International Residential Code 7 Mar 2022 Open in the state file $33,650
020220110 Alteration International Residential Code 13 Apr 2022 Open in the state file $18,700
020220115 Alteration International Residential Code 19 Apr 2022 Open in the state file $6,000
020220150 Alteration International Residential Code 16 May 2022 Open in the state file $0
020220162 Alteration International Residential Code 23 May 2022 Open in the state file $8,950
020220110+A Alteration International Residential Code 17 Aug 2022 Open in the state file $25,600
020230042 Alteration Business Uses 13 Feb 2023 Open in the state file $9,100
020230041 Alteration Accessory buildings and miscellaneous structures 13 Feb 2023 Open in the state file $14,100
020230102 Alteration International Residential Code 11 Apr 2023 Open in the state file $6,400
020230107 Alteration International Residential Code 14 Apr 2023 Open in the state file $40,000
020230112 Alteration International Residential Code 18 Apr 2023 Open in the state file $2,750
020230138 Alteration International Residential Code 4 May 2023 Open in the state file $10,000
020230157 Alteration International Residential Code 11 May 2023 Open in the state file $0
020230155 Alteration International Residential Code 11 May 2023 Open in the state file $8,000
020230231 Alteration International Residential Code 6 Jul 2023 Open in the state file $3,550
020230262 Alteration International Residential Code 2 Aug 2023 Open in the state file $7,200
020230332 Alteration International Residential Code 25 Sep 2023 Open in the state file $20,200
20230411 Alteration International Residential Code 11 Dec 2023 Open in the state file $1,500
20240054 Alteration International Residential Code 7 Mar 2024 19 Mar 2024, Certificate of Approval $600
20240132 Alteration International Residential Code 1 May 2024 16 Jul 2024, Certificate of Approval $4,000
20240156 Alteration International Residential Code 16 May 2024 Open in the state file $1,000
20240157 Alteration International Residential Code 16 May 2024 28 May 2024, Certificate of Compliance $0
20240195 Alteration International Residential Code 20 Jun 2024 Open in the state file $500
20240199 Alteration International Residential Code 24 Jun 2024 1 Jul 2024, Certificate of Approval $1,500
20240235 Alteration International Residential Code 23 Jul 2024 26 Sep 2024, Certificate of Approval $5,500
20240236 Alteration International Residential Code 23 Jul 2024 26 Sep 2024, Certificate of Approval $5,500
20240239 Alteration International Residential Code 23 Jul 2024 26 Sep 2024, Certificate of Approval $5,500
20240237 Alteration International Residential Code 23 Jul 2024 26 Sep 2024, Certificate of Approval $5,500
20240238 Alteration International Residential Code 23 Jul 2024 26 Sep 2024, Certificate of Approval $5,500
20240240 Alteration International Residential Code 23 Jul 2024 26 Sep 2024, Certificate of Approval $5,500
20240241 Alteration International Residential Code 23 Jul 2024 26 Sep 2024, Certificate of Approval $5,500
20250047 Alteration International Residential Code 13 Mar 2025 Open in the state file $3,000
20250073 Alteration International Residential Code 16 Apr 2025 5 May 2025, Certificate of Approval $4,800
20250110 Alteration International Residential Code 14 May 2025 Open in the state file $0
20250130 Alteration International Residential Code 5 Jun 2025 27 Oct 2025, Certificate of Approval $7,000
20250171 Alteration International Residential Code 28 Jul 2025 Open in the state file $3,000
20250174 Alteration International Residential Code 29 Jul 2025 Open in the state file $14,000
20250180 Alteration International Residential Code 4 Aug 2025 23 Sep 2025, Certificate of Approval $7,750
20250199 Alteration International Residential Code 13 Aug 2025 Open in the state file $32,500
20250199+A Alteration International Residential Code 24 Sep 2025 Open in the state file $1,000
20250243 Alteration International Residential Code 25 Sep 2025 Open in the state file $30,000
20250276 Alteration International Residential Code 19 Nov 2025 13 Apr 2026, Certificate of Approval $10,000
20250278 Alteration International Residential Code 24 Nov 2025 Open in the state file $5,700
20250287 Alteration International Residential Code 1 Dec 2025 10 Mar 2026, Certificate of Approval $8,000
20260061 Alteration International Residential Code 26 Mar 2026 Open in the state file $1,000
20260123 Alteration International Residential Code 6 May 2026 Open in the state file $0

The file does not name the work. This file is a full record from 2021 on. Older permits are mostly missing. A repair from before then can be absent here and still be at the Dennis Twp construction office.

Flood zone for 515 CORSON TAVERN RD

The flood map could not be checked for 515 CORSON TAVERN RD, because the address did not place a point on the map. Assessment and tax figures on this page are from our own records.

The state’s 10-foot ground scan puts the lowest cell on this lot at 11.3 feet and the highest at 29.6 feet (NAVD88).

These figures are estimates. The zone and any flood elevation come from FEMA’s flood map at a point for this address, and that point can fall in the street. The high and low come from the state’s 10-foot ground scan of the lot outline. A cell can catch a ditch, the street, or the edge of the lot. They are not a survey and not an insurance rating. A licensed surveyor measures the ground and the building. The town floodplain administrator, or a licensed engineer, confirms what the zone means for this lot. No zone at this point, or zone X, does not mean the lot will not flood.

Water and sewer for 515 CORSON TAVERN RD

The water and sewer maps could not be checked for 515 CORSON TAVERN RD, because the address did not place a point on the map.

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 $9,172,400 —
2025 $9,172,400 $204,819.69
2024 $9,172,400 $181,888.69
2023 $9,172,400 $173,816.98

Mailing changed in 2026 to PO BOX 2629, ADDISON; TX, 750012629.

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 $9,172,400 78.33% $11,709,945 — —
2024 $9,172,400 75.31% $12,179,525 0.0% +4.0%
2025 $9,172,400 65.06% $14,098,371 0.0% +15.8%
2026 $9,172,400 66.28% $13,838,865 0.0% -1.8%

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 $9,172,400 1.808 $165,837 $173,816.98 —
2024 $9,172,400 1.896 $173,909 $181,888.69 +4.9%
2025 $9,172,400 2.145 $196,748 $204,819.69 +13.1%
2026 $9,172,400 — — — —

Where your money goes

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

Schools
$143,823 73.1%
County
$29,077 14.8%
Municipal
$23,848 12.1%

Of the estimated increase of $22,839, the school portion moved $19,629 up, the county portion $1,559 up, and the municipal portion $1,651 up. Those are pieces of the dollar change. They are not a change in each share of the rate.

District school (1.568)$143,823
County (0.260)$23,848
County library (0.042)$3,852
County open space (0.015)$1,376
Municipal purpose (0.260)$23,848

Property details

Class4A — Commercial
Building class10 — not listed in the state appraisal manual
Building1S-F
Land description104.80AC
Dwellings1
Commercial units—
Year built—
Acreage104.8
ZoningR3 — town zoning code
Tax map page26
Additional lotsOB444L86
Census tract / block—
Special tax codesF01 — Fire district 1
MOD-IV current-year tax—
Last sale$1,550,159 · 12/15/2006 · sale assessment $8,803,500 · SR1A 26 — Not a willing-buyer, willing-seller sale, for a reason outside the other codes
Deed book / page03268 / 00626

The class, building class, SR1A, and special-tax words are the state’s names for those codes. The zoning code is the town’s. A code that is not on the state list keeps the code and says so.

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). Building permits are read live from the NJ construction-permit file for this block and lot. The flood zone is read live from FEMA’s flood map at a point for this address. The high and low are read live from the state’s 10-foot ground scan. Water and sewer are read live from the state’s service-area maps at that same point. Those map readings are estimates, not a survey and not a hookup record. Estimates are not an official tax bill. Owner names are not shown. Water and sewer · Full disclaimer.