20 PARK AVENUE

Eatontown, Monmouth County · Block 1102, Lot 4

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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)
$9,302

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: +2.2% ($517,900 → $529,100).

Assessment

Land$305,600
Improvements$223,500
Net (taxable assessed, 2026)$529,100
Town avg ratio used100.00% (Revaluation year (~100% of market))
Implied equalized value$529,100
2025 tax (MOD-IV billed)$8,854.68
Est. 2025 tax @ general rate$9,302
Mailing address (2026)20 PARK AVENUE, EATONTOWN; N J, 077241611

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 $529,100
2025 $517,900 $8,854.68
2024 $486,800 $8,862.90
2023 $439,200 $8,656.63

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 $439,200 77.52% $566,563
2024 $486,800 89.20% $545,740 +10.8% -3.7%
2025 $517,900 81.11% $638,516 +6.4% +17.0%
2026 $529,100 100.00% $529,100 +2.2% -17.1%

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 $439,200 1.971 $8,657 $8,656.63
2024 $486,800 1.872 $9,113 $8,862.90 +5.3%
2025 $517,900 1.758 $9,105 $8,854.68 -0.1%
2026 $529,100 pending rate

Where your money goes

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

Schools
$5,333 57.3%
County
$1,323 14.2%
Municipal
$2,646 28.4%
District school (0.641)$3,392
Regional / consolidated school (0.367)$1,942
County (0.203)$1,074
County library (0.013)$69
County health (0.003)$16
County open space (0.031)$164
Municipal purpose (0.500)$2,646

Property details

Class2
Building class16
Building1SF1G
Land description
Dwellings1
Commercial units
Year built1960
Acreage
Zoning
Tax map page11
Additional lots3
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$193,000 · 6/13/2000 · sale assessment $116,300
Deed book / page05953 / 00676

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.