18 MACKENZIE ROAD

Eatontown, Monmouth County · Block 3001, Lot 51

Show on map

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)
$18,433

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: +2.5% ($1,023,300 → $1,048,500).

Assessment

Land$545,000
Improvements$503,500
Net (taxable assessed, 2026)$1,048,500
Town avg ratio used100.00% (Revaluation year (~100% of market))
Implied equalized value$1,048,500
2025 tax (MOD-IV billed)$17,989.61
Est. 2025 tax @ general rate$18,433
Mailing address (2026)18 MACKENZIE ROAD, 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 $1,048,500
2025 $1,023,300 $17,989.61
2024 $965,900 $18,081.65
2023 $912,300 $17,981.43

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 $912,300 77.52% $1,176,858
2024 $965,900 89.20% $1,082,848 +5.9% -8.0%
2025 $1,023,300 81.11% $1,261,620 +5.9% +16.5%
2026 $1,048,500 100.00% $1,048,500 +2.5% -16.9%

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 $912,300 1.971 $17,981 $17,981.43
2024 $965,900 1.872 $18,082 $18,081.65 +0.6%
2025 $1,023,300 1.758 $17,990 $17,989.61 -0.5%
2026 $1,048,500 pending rate

Where your money goes

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

Schools
$10,569 57.3%
County
$2,621 14.2%
Municipal
$5,243 28.4%
District school (0.641)$6,721
Regional / consolidated school (0.367)$3,848
County (0.203)$2,128
County library (0.013)$136
County health (0.003)$31
County open space (0.031)$325
Municipal purpose (0.500)$5,243

Property details

Class2
Building class17
Building1SF
Land description123X208IRR
Dwellings1
Commercial units
Year built1997
Acreage
Zoning
Tax map page30
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$291,900 · 9/18/1997 · sale assessment $270,700
Deed book / page05651 / 00084

See this lot on the statewide map, then come back for the full tax story.

Show on map

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.