612 INDUSTRIAL WAY WEST

Eatontown, Monmouth County · Block 3505, Lot 4

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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)
$64,403

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: +10.1% ($3,328,400 → $3,663,400).

Assessment

Land$1,980,000
Improvements$1,683,400
Net (taxable assessed, 2026)$3,663,400
Town avg ratio used100.00% (Revaluation year (~100% of market))
Implied equalized value$3,663,400
2025 tax (MOD-IV billed)$58,513.27
Est. 2025 tax @ general rate$64,403
Mailing address (2026)600 INDUSTRIAL WAY WEST, 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 $3,663,400
2025 $3,328,400 $58,513.27
2024 $3,144,000 $58,855.68
2023 $2,949,800 $58,140.56

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 $2,949,800 77.52% $3,805,212
2024 $3,144,000 89.20% $3,524,664 +6.6% -7.4%
2025 $3,328,400 81.11% $4,103,563 +5.9% +16.4%
2026 $3,663,400 100.00% $3,663,400 +10.1% -10.7%

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 $2,949,800 1.971 $58,141 $58,140.56
2024 $3,144,000 1.872 $58,856 $58,855.68 +1.2%
2025 $3,328,400 1.758 $58,513 $58,513.27 -0.6%
2026 $3,663,400 pending rate

Where your money goes

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

Schools
$36,927 57.3%
County
$9,159 14.2%
Municipal
$18,317 28.4%
District school (0.641)$23,482
Regional / consolidated school (0.367)$13,445
County (0.203)$7,437
County library (0.013)$476
County health (0.003)$110
County open space (0.031)$1,136
Municipal purpose (0.500)$18,317

Property details

Class4B
Building class
BuildingMANUF.PLANT
Land description4AC
Dwellings0
Commercial units
Year built2000
Acreage4
Zoning
Tax map page35
Additional lots
Census tract / block
Special tax codesS01
MOD-IV current-year tax
Last sale$750,000 · 9/10/1999 · sale assessment $1,036,200
Deed book / page05869 / 00024

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.