302 WASHINGTON AVE

Woodbine, Cape May County · Block 29, Lot 6

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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)
+1.4%

Estimated tax up $36 ($2,670 → $2,707) using 2024→2025 rates (1.689 → 1.712) × assessed net.

Assessment net change: 0.0% ($158,100 → $158,100).

Assessment

Land$50,000
Improvements$108,100
Net (taxable assessed, 2026)$158,100
Town avg ratio used77.58% (Average ratio (Director’s / Chapter 123))
Implied equalized value$203,790
2025 tax (MOD-IV billed)$2,706.67
Est. 2025 tax @ general rate$2,707
Mailing address (2026)161 E OLIVE ST, WESTVILLE; NJ, 08093

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 $158,100
2025 $158,100 $2,706.67
2024 $158,100 $2,670.31
2023 $158,100 $2,700.35

Mailing changed in 2025 to 161 E OLIVE ST, WESTVILLE; NJ, 08093.

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 $158,100 98.16% $161,064
2024 $158,100 92.48% $170,956 0.0% +6.1%
2025 $158,100 81.80% $193,276 0.0% +13.1%
2026 $158,100 77.58% $203,790 0.0% +5.4%

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 $158,100 1.708 $2,700 $2,700.35
2024 $158,100 1.689 $2,670 $2,670.31 -1.1%
2025 $158,100 1.712 $2,707 $2,706.67 +1.4%
2026 $158,100

Where your money goes

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

Schools
$1,938 71.6%
County
$402 14.8%
Municipal
$367 13.6%

Of the estimated change ($36): schools ≈ +65.2%, county ≈ +34.8%, municipal ≈ 0.0%.

District school (1.226)$1,938
County (0.208)$329
County library (0.033)$52
County open space (0.013)$21
Municipal purpose (0.232)$367

Property details

Class2
Building class17
Building1S-CB
Land description50X150
Dwellings1
Commercial units
Year built1906
Acreage0.1722
ZoningTC
Tax map page2
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$62,000 · 7/12/2024 · sale assessment $158,100 · SR1A 26
Deed book / page04177 / 00108

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.