21 WALTER AVENUE
Eatontown, Monmouth County · Block 3304, Lot 1.1
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: +119.5% ($200,700 → $440,600).
Assessment
| Land | $219,300 |
|---|---|
| Improvements | $221,300 |
| Net (taxable assessed, 2026) | $440,600 |
| Town avg ratio used | 100.00% (Revaluation year (~100% of market)) |
| Implied equalized value | $440,600 |
| 2025 tax (MOD-IV billed) | $3,528.31 |
| Est. 2025 tax @ general rate | $7,746 |
| Mailing address (2026) | 4 MITCHELL TERRACE, WEST LONG BRANCH; NJ, 07764 |
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 | $440,600 | — |
| 2025 | $200,700 | $3,528.31 |
| 2024 | $167,800 | $3,141.22 |
| 2023 | $21,100 | $415.88 |
Mailing changed in 2025 to 4 MITCHELL TERRACE, WEST LONG BRANCH; NJ, 07764.
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 | $21,100 | 77.52% | $27,219 | — | — |
| 2024 | $167,800 | 89.20% | $188,117 | +695.3% | +591.1% |
| 2025 | $200,700 | 81.11% | $247,442 | +19.6% | +31.5% |
| 2026 | $440,600 | 100.00% | $440,600 | +119.5% | +78.1% |
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 | $21,100 | 1.971 | $416 | $415.88 | — |
| 2024 | $167,800 | 1.872 | $3,141 | $3,141.22 | +655.3% |
| 2025 | $200,700 | 1.758 | $3,528 | $3,528.31 | +12.3% |
| 2026 | $440,600 | — | — | — | 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) | $2,824 |
|---|---|
| Regional / consolidated school (0.367) | $1,617 |
| County (0.203) | $894 |
| County library (0.013) | $57 |
| County health (0.003) | $13 |
| County open space (0.031) | $137 |
| Municipal purpose (0.500) | $2,203 |
Property details
| Class | 2 |
|---|---|
| Building class | — |
| Building | 2S; WD FRM; SF |
| Land description | 26;111SF |
| Dwellings | 0 |
| Commercial units | — |
| Year built | 2024 |
| Acreage | — |
| Zoning | — |
| Tax map page | 33 |
| Additional lots | — |
| Census tract / block | — |
| Special tax codes | — |
| MOD-IV current-year tax | — |
| Last sale | $215,000 · 4/2/2024 · sale assessment $167,800 |
| Deed book / page | 09683 / 03060 |
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.