227 MILL POND WAY

Eatontown, Monmouth County · Block 3801, Lot 13.1, Qual C0039

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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)
$7,294

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: -0.3% ($416,200 → $414,900).

Assessment

Land$130,000
Improvements$284,900
Net (taxable assessed, 2026)$414,900
Town avg ratio used100.00% (Revaluation year (~100% of market))
Implied equalized value$414,900
2025 tax (MOD-IV billed)$7,316.80
Est. 2025 tax @ general rate$7,294
Mailing address (2026)227 MILL POND WAY, 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 $414,900
2025 $416,200 $7,316.80
2024 $348,200 $6,518.30
2023 $5,954.39

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 77.52%
2024 $348,200 89.20% $390,359
2025 $416,200 81.11% $513,130 +19.5% +31.5%
2026 $414,900 100.00% $414,900 -0.3% -19.1%

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 1.971 $5,954.39
2024 $348,200 1.872 $6,518 $6,518.30
2025 $416,200 1.758 $7,317 $7,316.80 +12.2%
2026 $414,900 pending rate

Where your money goes

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

Schools
$4,182 57.3%
County
$1,037 14.2%
Municipal
$2,075 28.4%
District school (0.641)$2,660
Regional / consolidated school (0.367)$1,523
County (0.203)$842
County library (0.013)$54
County health (0.003)$12
County open space (0.031)$129
Municipal purpose (0.500)$2,075

Property details

Class2
Building class37
BuildingARLINGTON
Land description.8475%
Dwellings1
Commercial units
Year built2008
Acreage
ZoningR-MF
Tax map page38
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$265,245 · 7/28/2008 · sale assessment $105,000 · SR1A 7
Deed book / page08734 / 00662

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.