77 MAIN STREET

Englishtown, Monmouth County · Block 5, Lot 5.2

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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)
$7,299

Estimated annual tax: current net × 1.799 (rate year 2025). Year-over-year % is hidden until the 2026 general rate is available for this reval/reassess town.

Assessment net change: +1.6% ($399,200 → $405,700).

Assessment

Land$235,300
Improvements$170,400
Net (taxable assessed, 2026)$405,700
Town avg ratio used100.00% (Revaluation year (~100% of market))
Implied equalized value$405,700
2025 tax (MOD-IV billed)$7,732.51
Est. 2025 tax @ general rate$7,299
Mailing address (2026)77 MAIN STREET, ENGLISHTOWN; NJ, 07726

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 98.23% (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 $405,700
2025 $399,200 $7,732.51
2024 $348,200 $6,918.74
2023 $324,700 $6,325.16

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 $324,700 100.00% $324,700
2024 $348,200 100.00% $348,200 +7.2% +7.2%
2025 $399,200 96.67% $412,951 +14.6% +18.6%
2026 $405,700 100.00% $405,700 +1.6% -1.8%

2023: Published average ratio exceeded 100%; New Jersey treats that as 100% for equalization.

2024: Published average ratio exceeded 100%; New Jersey treats that as 100% for equalization.

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 98.23% (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 $324,700 1.801 $5,848 $6,325.16
2024 $348,200 1.838 $6,400 $6,918.74 +9.4%
2025 $399,200 1.799 $7,182 $7,732.51 +12.2%
2026 $405,700 pending rate

Where your money goes

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

Schools
$4,503 61.7%
County
$852 11.7%
Municipal
$1,943 26.6%
District school (0.789)$3,201
Regional / consolidated school (0.321)$1,302
County (0.170)$690
County library (0.011)$45
County health (0.003)$12
County open space (0.026)$105
Municipal purpose (0.479)$1,943

Property details

Class2
Building class17
Building
Land description.136 AC
Dwellings1
Commercial units
Year built1900
Acreage0.136
Zoning
Tax map page2
Additional lots
Census tract / block
Special tax codesF01
MOD-IV current-year tax
Last sale$230,000 · 2/22/2019 · sale assessment $199,300 · SR1A 7
Deed book / page09337 / 03740

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.