5 BERKELEY PLACE
Eatontown, Monmouth County · Block 2304, Lot 23
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 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: +11.0% ($377,900 → $419,300).
Assessment
| Land | $254,800 |
|---|---|
| Improvements | $164,500 |
| Net (taxable assessed, 2026) | $419,300 |
| Town avg ratio used | 100.00% (Revaluation year (~100% of market)) |
| Implied equalized value | $419,300 |
| 2025 tax (MOD-IV billed) | $6,643.48 |
| Est. 2025 tax @ general rate | $7,371 |
| Mailing address (2026) | 23 PALOMINO PLACE, TINTON FALLS; NJ, 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 | $419,300 | — |
| 2025 | $377,900 | $6,643.48 |
| 2024 | $358,400 | $6,709.25 |
| 2023 | $385,500 | $7,598.21 |
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 | $385,500 | 77.52% | $497,291 | — | — |
| 2024 | $358,400 | 89.20% | $401,794 | -7.0% | -19.2% |
| 2025 | $377,900 | 81.11% | $465,910 | +5.4% | +16.0% |
| 2026 | $419,300 | 100.00% | $419,300 | +11.0% | -10.0% |
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 | $385,500 | 1.971 | $7,598 | $7,598.21 | — |
| 2024 | $358,400 | 1.872 | $6,709 | $6,709.25 | -11.7% |
| 2025 | $377,900 | 1.758 | $6,643 | $6,643.48 | -1.0% |
| 2026 | $419,300 | — | — | — | pending rate |
Where your money goes
Component $ = net × (component rate ÷ 100). Percents are share of school + county + municipal components for rate year 2025.
| District school (0.641) | $2,688 |
|---|---|
| Regional / consolidated school (0.367) | $1,539 |
| County (0.203) | $851 |
| County library (0.013) | $55 |
| County health (0.003) | $13 |
| County open space (0.031) | $130 |
| Municipal purpose (0.500) | $2,097 |
Property details
| Class | 2 |
|---|---|
| Building class | 35 |
| Building | 2SF |
| Land description | 20X75 |
| Dwellings | 1 |
| Commercial units | — |
| Year built | 1985 |
| Acreage | 0.0344 |
| Zoning | — |
| Tax map page | 23 |
| Additional lots | — |
| Census tract / block | — |
| Special tax codes | — |
| MOD-IV current-year tax | — |
| Last sale | $260,000 · 1/14/2019 · sale assessment $258,200 |
| Deed book / page | 09332 / 07445 |
See this lot on the statewide map, then come back for the full tax story.
Show on mapSources: 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.