29 HIGHWAY 35

Eatontown, Monmouth County · Block 1001, Lot 20

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Assessment year 2026 · Rate year 2025 · Prior rate 2024

2026 revaluation/reassessment town — 2026 general tax rate not in our warehouse yet. Showing 2025 rate against 2026 assessments; YoY % is withheld until the matching rate posts.

Estimated tax story (homeowner view)
$22,189

Estimated annual tax: current net × 1.758 (rate year 2025). Year-over-year % is hidden until the 2026 general rate is available for this reval/reassess town.

Assessment net change: +10.0% ($1,147,200 → $1,262,200).

Assessment

Land$722,700
Improvements$539,500
Net (taxable assessed, 2026)$1,262,200
Town avg ratio used100.00% (Revaluation year (~100% of market))
Implied equalized value$1,262,200
2025 tax (MOD-IV billed)$20,167.78
Est. 2025 tax @ general rate$22,189
Mailing address (2026)8 TWO MILE ROAD, FARMINGTON; CT, 06032

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.

This town revalued/reassessed for tax year 2026. New assessments are set near true market value, so we treat the ratio as ~100% for this year. Published Chapter 123 average ratio for appeals/statistics is still 92.61% (often still reflecting the prior assessment base).

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 $1,262,200
2025 $1,147,200 $20,167.78
2024 $1,043,500 $19,534.32
2023 $1,031,000 $20,321.01

Mailing changed in 2025 to 8 TWO MILE ROAD, FARMINGTON; CT, 06032.

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 $1,031,000 77.52% $1,329,979
2024 $1,043,500 89.20% $1,169,843 +1.2% -12.0%
2025 $1,147,200 81.11% $1,414,376 +9.9% +20.9%
2026 $1,262,200 100.00% $1,262,200 +10.0% -10.8%

2026: This town revalued/reassessed for tax year 2026. New assessments are set near true market value, so we treat the ratio as ~100% for this year. Published Chapter 123 average ratio for appeals/statistics is still 92.61% (often still reflecting the prior assessment base).

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 $1,031,000 1.971 $20,321 $20,321.01
2024 $1,043,500 1.872 $19,534 $19,534.32 -3.9%
2025 $1,147,200 1.758 $20,168 $20,167.78 +3.2%
2026 $1,262,200 pending rate

Where your money goes

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

Schools
$12,723 57.3%
County
$3,156 14.2%
Municipal
$6,311 28.4%
District school (0.641)$8,091
Regional / consolidated school (0.367)$4,632
County (0.203)$2,562
County library (0.013)$164
County health (0.003)$38
County open space (0.031)$391
Municipal purpose (0.500)$6,311

Property details

Class4A
Building class
Building
Land description225X330IRR
Dwellings0
Commercial units
Year built2013
Acreage
Zoning
Tax map page10
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$4,600,000 · 4/9/2024 · sale assessment $1,043,500 · SR1A 23
Deed book / page09684 / 00424

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.