118 WEBSTER ST

Woodbine, Cape May County · Block 93, Lot 4.3

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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)
+8.3%

Estimated tax up $119 ($1,437 → $1,556) using 2024→2025 rates (1.689 → 1.712) × assessed net.

Assessment net change: +6.8% ($85,100 → $90,900).

Assessment

Land$85,100
Improvements$5,800
Net (taxable assessed, 2026)$90,900
Town avg ratio used77.58% (Average ratio (Director’s / Chapter 123))
Implied equalized value$117,169
2025 tax (MOD-IV billed)$1,456.91
Est. 2025 tax @ general rate$1,556
Mailing address (2026)113 BERLIN RD, GIBBSBORO; NJ, 08026

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 $90,900
2025 $85,100 $1,456.91
2024 $85,100 $1,437.34
2023 $90,900 $1,552.57

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 $90,900 98.16% $92,604
2024 $85,100 92.48% $92,020 -6.4% -0.6%
2025 $85,100 81.80% $104,034 0.0% +13.1%
2026 $90,900 77.58% $117,169 +6.8% +12.6%

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 $90,900 1.708 $1,553 $1,552.57
2024 $85,100 1.689 $1,437 $1,437.34 -7.4%
2025 $85,100 1.712 $1,457 $1,456.91 +1.4%
2026 $90,900

Where your money goes

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

Schools
$1,114 71.6%
County
$231 14.8%
Municipal
$211 13.6%

Of the estimated change ($119): schools ≈ +70.6%, county ≈ +18.1%, municipal ≈ +11.3%.

District school (1.226)$1,114
County (0.208)$189
County library (0.033)$30
County open space (0.013)$12
Municipal purpose (0.232)$211

Property details

Class2
Building class10
Building
Land description5.46 AC
Dwellings1
Commercial units
Year built
Acreage5.46
ZoningATR
Tax map page9
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$150,000 · 5/17/2022 · sale assessment $90,900 · SR1A 26
Deed book / page04061 / 00220

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.