401 INDUSTRIAL WAY WEST
Eatontown, Monmouth County · Block 3503, Lot 7
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: +9.8% ($24,511,900 → $26,911,900).
Assessment
| Land | $3,608,000 |
|---|---|
| Improvements | $23,303,900 |
| Net (taxable assessed, 2026) | $26,911,900 |
| Town avg ratio used | 100.00% (Revaluation year (~100% of market)) |
| Implied equalized value | $26,911,900 |
| 2025 tax (MOD-IV billed) | $430,919.20 |
| Est. 2025 tax @ general rate | $473,111 |
| Mailing address (2026) | 3512 QUENTIN ROAD STE 204, BROOKLYN; NY, 11234 |
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 | $26,911,900 | — |
| 2025 | $24,511,900 | $430,919.20 |
| 2024 | $24,177,300 | $452,599.06 |
| 2023 | $21,977,300 | $433,172.58 |
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 | $21,977,300 | 77.52% | $28,350,490 | — | — |
| 2024 | $24,177,300 | 89.20% | $27,104,596 | +10.0% | -4.4% |
| 2025 | $24,511,900 | 81.11% | $30,220,565 | +1.4% | +11.5% |
| 2026 | $26,911,900 | 100.00% | $26,911,900 | +9.8% | -10.9% |
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 | $21,977,300 | 1.971 | $433,173 | $433,172.58 | — |
| 2024 | $24,177,300 | 1.872 | $452,599 | $452,599.06 | +4.5% |
| 2025 | $24,511,900 | 1.758 | $430,919 | $430,919.20 | -4.8% |
| 2026 | $26,911,900 | — | — | — | 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) | $172,505 |
|---|---|
| Regional / consolidated school (0.367) | $98,767 |
| County (0.203) | $54,631 |
| County library (0.013) | $3,499 |
| County health (0.003) | $807 |
| County open space (0.031) | $8,343 |
| Municipal purpose (0.500) | $134,560 |
Property details
| Class | 4B |
|---|---|
| Building class | — |
| Building | D&K 97230 SF |
| Land description | 8.1AC |
| Dwellings | 0 |
| Commercial units | — |
| Year built | 1988 |
| Acreage | 8.1 |
| Zoning | — |
| Tax map page | 35 |
| Additional lots | — |
| Census tract / block | — |
| Special tax codes | S01 |
| MOD-IV current-year tax | — |
| Last sale | $20,950,000 · 8/3/2021 · sale assessment $12,977,300 |
| Deed book / page | 09534 / 02418 |
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.