215 BROAD ST

Eatontown, Monmouth County · Block 301, Lot 51

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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)
$59,895

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: +10.0% ($3,097,000 → $3,407,000).

Assessment

Land$455,400
Improvements$2,951,600
Net (taxable assessed, 2026)$3,407,000
Town avg ratio used100.00% (Revaluation year (~100% of market))
Implied equalized value$3,407,000
2025 tax (MOD-IV billed)$54,445.26
Est. 2025 tax @ general rate$59,895
Mailing address (2026)506 FIRST AVENUE, SPRING LAKE; NJ, 07762

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 $3,407,000
2025 $3,097,000 $54,445.26
2024 $3,055,600 $57,200.83
2023 $2,776,100 $54,716.93

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 $2,776,100 77.52% $3,581,140
2024 $3,055,600 89.20% $3,425,561 +10.1% -4.3%
2025 $3,097,000 81.11% $3,818,271 +1.4% +11.5%
2026 $3,407,000 100.00% $3,407,000 +10.0% -10.8%

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 $2,776,100 1.971 $54,717 $54,716.93
2024 $3,055,600 1.872 $57,201 $57,200.83 +4.5%
2025 $3,097,000 1.758 $54,445 $54,445.26 -4.8%
2026 $3,407,000 pending rate

Where your money goes

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

Schools
$34,343 57.3%
County
$8,518 14.2%
Municipal
$17,035 28.4%
District school (0.641)$21,839
Regional / consolidated school (0.367)$12,504
County (0.203)$6,916
County library (0.013)$443
County health (0.003)$102
County open space (0.031)$1,056
Municipal purpose (0.500)$17,035

Property details

Class4A
Building class
Building
Land description2.07AC
Dwellings0
Commercial units
Year built1900
Acreage2.07
Zoning
Tax map page3
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$2,725,000 · 8/3/2021 · sale assessment $776,100
Deed book / page09542 / 09447

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.