8 WOODMERE DRIVE

Eatontown, Monmouth County · Block 3201, Lot 11

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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)
$14,734

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: +4.7% ($800,500 → $838,100).

Assessment

Land$483,000
Improvements$355,100
Net (taxable assessed, 2026)$838,100
Town avg ratio used100.00% (Revaluation year (~100% of market))
Implied equalized value$838,100
2025 tax (MOD-IV billed)$14,072.79
Est. 2025 tax @ general rate$14,734
Mailing address (2026)8 WOODMERE DRIVE, EATONTOWN; 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 $838,100
2025 $800,500 $14,072.79
2024 $679,600 $12,722.11
2023 $586,600 $11,561.89

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 $586,600 77.52% $756,708
2024 $679,600 89.20% $761,883 +15.9% +0.7%
2025 $800,500 81.11% $986,931 +17.8% +29.5%
2026 $838,100 100.00% $838,100 +4.7% -15.1%

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 $586,600 1.971 $11,562 $11,561.89
2024 $679,600 1.872 $12,722 $12,722.11 +10.0%
2025 $800,500 1.758 $14,073 $14,072.79 +10.6%
2026 $838,100 pending rate

Where your money goes

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

Schools
$8,448 57.3%
County
$2,095 14.2%
Municipal
$4,191 28.4%
District school (0.641)$5,372
Regional / consolidated school (0.367)$3,076
County (0.203)$1,701
County library (0.013)$109
County health (0.003)$25
County open space (0.031)$260
Municipal purpose (0.500)$4,191

Property details

Class2
Building class16
Building
Land description114X168
Dwellings1
Commercial units
Year built1975
Acreage0.4397
Zoning
Tax map page32
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$470,500 · 7/31/2020 · sale assessment $389,100
Deed book / page09435 / 05757

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.