21 RICHARDSON AVE

Eatontown, Monmouth County · Block 1502, Lot 29

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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)
$8,407

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: +2.8% ($465,400 → $478,200).

Assessment

Land$223,500
Improvements$254,700
Net (taxable assessed, 2026)$478,200
Town avg ratio used100.00% (Revaluation year (~100% of market))
Implied equalized value$478,200
2025 tax (MOD-IV billed)$8,181.73
Est. 2025 tax @ general rate$8,407
Mailing address (2026)248 CLINTON AVE, TOMS RIVER; NJ, 08753

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 $478,200
2025 $465,400 $8,181.73
2024 $395,400 $7,401.89
2023 $343,800 $6,776.30

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 $343,800 77.52% $443,498
2024 $395,400 89.20% $443,274 +15.0% -0.1%
2025 $465,400 81.11% $573,789 +17.7% +29.4%
2026 $478,200 100.00% $478,200 +2.8% -16.7%

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 $343,800 1.971 $6,776 $6,776.30
2024 $395,400 1.872 $7,402 $7,401.89 +9.2%
2025 $465,400 1.758 $8,182 $8,181.73 +10.5%
2026 $478,200 pending rate

Where your money goes

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

Schools
$4,820 57.3%
County
$1,196 14.2%
Municipal
$2,391 28.4%
District school (0.641)$3,065
Regional / consolidated school (0.367)$1,755
County (0.203)$971
County library (0.013)$62
County health (0.003)$14
County open space (0.031)$148
Municipal purpose (0.500)$2,391

Property details

Class2
Building class47
Building2SF2G
Land description31X465 IRR
Dwellings2
Commercial units
Year built1940
Acreage
Zoning
Tax map page15
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$1 · 3/11/2013 · sale assessment $209,700
Deed book / page09007 / 09822

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.