48 RICHARDSON AVENUE

Eatontown, Monmouth County · Block 1601, Lot 3

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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)
$9,592

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: +2.6% ($532,000 → $545,600).

Assessment

Land$275,000
Improvements$270,600
Net (taxable assessed, 2026)$545,600
Town avg ratio used100.00% (Revaluation year (~100% of market))
Implied equalized value$545,600
2025 tax (MOD-IV billed)$9,352.56
Est. 2025 tax @ general rate$9,592
Mailing address (2026)48 RICHARDSON AVENUE, EATONTOWN N J, 07724

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 $545,600
2025 $532,000 $9,352.56
2024 $500,000 $9,360.00
2023 $448,600 $8,841.91

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 $448,600 77.52% $578,689
2024 $500,000 89.20% $560,538 +11.5% -3.1%
2025 $532,000 81.11% $655,899 +6.4% +17.0%
2026 $545,600 100.00% $545,600 +2.6% -16.8%

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 $448,600 1.971 $8,842 $8,841.91
2024 $500,000 1.872 $9,360 $9,360.00 +5.9%
2025 $532,000 1.758 $9,353 $9,352.56 -0.1%
2026 $545,600 pending rate

Where your money goes

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

Schools
$5,500 57.3%
County
$1,364 14.2%
Municipal
$2,728 28.4%
District school (0.641)$3,497
Regional / consolidated school (0.367)$2,002
County (0.203)$1,108
County library (0.013)$71
County health (0.003)$16
County open space (0.031)$169
Municipal purpose (0.500)$2,728

Property details

Class2
Building class17
Building1FD
Land description58X179 IRR
Dwellings1
Commercial units
Year built1996
Acreage
Zoning
Tax map page16
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$1 · 4/17/2014 · sale assessment $256,000
Deed book / page09075 / 00493

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.