703 WILLOW AVE

West, Cape May County · Block 21.1, Lot 19

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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)
-4.0%

Estimated tax down $167 ($4,181 → $4,014) using 2024→2025 rates (1.504 → 1.444) × assessed net.

Assessment net change: 0.0% ($278,000 → $278,000).

Assessment

Land$187,500
Improvements$90,500
Net (taxable assessed, 2026)$278,000
Town avg ratio used44.36% (Average ratio (Director’s / Chapter 123))
Implied equalized value$626,691
2025 tax (MOD-IV billed)$3,764.32
Est. 2025 tax @ general rate$4,014
Mailing address (2026)703 WILLOW AVE, WEST CAPE MAY;NJ, 08204

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 $278,000
2025 $278,000 $3,764.32
2024 $278,000 $3,931.12
2023 $278,000 $3,978.38

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 $278,000 57.71% $481,719
2024 $278,000 49.76% $558,682 0.0% +16.0%
2025 $278,000 47.81% $581,468 0.0% +4.1%
2026 $278,000 44.36% $626,691 0.0% +7.8%

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 $278,000 1.521 $4,228 $3,978.38
2024 $278,000 1.504 $4,181 $3,931.12 -1.1%
2025 $278,000 1.444 $4,014 $3,764.32 -4.0%
2026 $278,000

Where your money goes

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

Schools
$1,615 40.2%
County
$1,201 29.9%
Municipal
$1,198 29.8%

Of the estimated change ($-167): schools ≈ +68.3%, county ≈ +31.7%, municipal ≈ 0.0%.

District school (0.257)$714
Regional / consolidated school (0.324)$901
County (0.354)$984
County library (0.057)$158
County open space (0.021)$58
Municipal purpose (0.431)$1,198

Property details

Class2
Building class16
Building1S-F
Land description50X100
Dwellings1
Commercial units
Year built1980
Acreage0.1148
Zoning
Tax map page2
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale
Deed book / page01489 / 00859

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.