142 HIGHWAY 35

Eatontown, Monmouth County · Block 1401, Lot 15

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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)
$141,828

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: +46.2% ($5,517,600 → $8,067,600).

Assessment

Land$1,452,000
Improvements$6,615,600
Net (taxable assessed, 2026)$8,067,600
Town avg ratio used100.00% (Revaluation year (~100% of market))
Implied equalized value$8,067,600
2025 tax (MOD-IV billed)$96,999.41
Est. 2025 tax @ general rate$141,828
Mailing address (2026)111 JOHN STREET; STE 1806, NEW YORK; NY, 10038

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 $8,067,600
2025 $5,517,600 $96,999.41
2024 $5,385,600 $100,818.43
2023 $4,878,200 $96,149.32

Mailing changed in 2024 to 142 HIGHWAY 35; SUITE 206, EATONTOWN; NJ, 07724.

Mailing changed in 2026 to 111 JOHN STREET; STE 1806, NEW YORK; NY, 10038.

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 $4,878,200 77.52% $6,292,828
2024 $5,385,600 89.20% $6,037,668 +10.4% -4.1%
2025 $5,517,600 81.11% $6,802,614 +2.5% +12.7%
2026 $8,067,600 100.00% $8,067,600 +46.2% +18.6%

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 $4,878,200 1.971 $96,149 $96,149.32
2024 $5,385,600 1.872 $100,818 $100,818.43 +4.9%
2025 $5,517,600 1.758 $96,999 $96,999.41 -3.8%
2026 $8,067,600 pending rate

Where your money goes

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

Schools
$81,321 57.3%
County
$20,169 14.2%
Municipal
$40,338 28.4%
District school (0.641)$51,713
Regional / consolidated school (0.367)$29,608
County (0.203)$16,377
County library (0.013)$1,049
County health (0.003)$242
County open space (0.031)$2,501
Municipal purpose (0.500)$40,338

Property details

Class4A
Building class
BuildingASPEN COURT
Land description1.65 AC
Dwellings0
Commercial units
Year built1967
Acreage1.65
Zoning
Tax map page14
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$8,050,000 · 5/16/2025 · sale assessment $5,517,600 · SR1A 26
Deed book / page09741 / 02965

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.