38 WALTER AVENUE
Eatontown, Monmouth County · Block 3309, Lot 15
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: +7.1% ($675,300 → $723,100).
Assessment
| Land | $345,300 |
|---|---|
| Improvements | $377,800 |
| Net (taxable assessed, 2026) | $723,100 |
| Town avg ratio used | 100.00% (Revaluation year (~100% of market)) |
| Implied equalized value | $723,100 |
| 2025 tax (MOD-IV billed) | $11,871.77 |
| Est. 2025 tax @ general rate | $12,712 |
| Mailing address (2026) | 38 WALTER AVENUE, 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 | $723,100 | — |
| 2025 | $675,300 | $11,871.77 |
| 2024 | $606,300 | $11,349.94 |
| 2023 | $519,500 | $10,239.35 |
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 | $519,500 | 77.52% | $670,150 | — | — |
| 2024 | $606,300 | 89.20% | $679,709 | +16.7% | +1.4% |
| 2025 | $675,300 | 81.11% | $832,573 | +11.4% | +22.5% |
| 2026 | $723,100 | 100.00% | $723,100 | +7.1% | -13.1% |
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 | $519,500 | 1.971 | $10,239 | $10,239.35 | — |
| 2024 | $606,300 | 1.872 | $11,350 | $11,349.94 | +10.8% |
| 2025 | $675,300 | 1.758 | $11,872 | $11,871.77 | +4.6% |
| 2026 | $723,100 | — | — | — | 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) | $4,635 |
|---|---|
| Regional / consolidated school (0.367) | $2,654 |
| County (0.203) | $1,468 |
| County library (0.013) | $94 |
| County health (0.003) | $22 |
| County open space (0.031) | $224 |
| Municipal purpose (0.500) | $3,616 |
Property details
| Class | 2 |
|---|---|
| Building class | 16 |
| Building | — |
| Land description | 100X100 IRR |
| Dwellings | 1 |
| Commercial units | — |
| Year built | 1975 |
| Acreage | — |
| Zoning | — |
| Tax map page | 33 |
| Additional lots | — |
| Census tract / block | — |
| Special tax codes | — |
| MOD-IV current-year tax | — |
| Last sale | $195,000 · 2/20/1992 · sale assessment $195,100 |
| Deed book / page | 05126 / 00106 |
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.