100 LAKE AVE

Fair, Monmouth County · Block 21, Lot 1

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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)
$18,525

Estimated annual tax: current net × 1.427 (rate year 2025). Year-over-year % is hidden until the 2026 general rate is available for this reval/reassess town.

Assessment net change: +5.2% ($1,234,300 → $1,298,200).

Assessment

Land$702,200
Improvements$596,000
Net (taxable assessed, 2026)$1,298,200
Town avg ratio used100.00% (Revaluation year (~100% of market))
Implied equalized value$1,298,200
2025 tax (MOD-IV billed)$17,613.46
Est. 2025 tax @ general rate$18,525
Mailing address (2026)100 LAKE AVE, FAIR HAVEN; NJ, 07704

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 93.90% (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 $1,298,200
2025 $1,234,300 $17,613.46
2024 $1,147,400 $16,855.31
2023 $1,063,700 $16,742.64

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 $1,063,700 88.32% $1,204,370
2024 $1,147,400 100.00% $1,147,400 +7.9% -4.7%
2025 $1,234,300 93.91% $1,314,344 +7.6% +14.5%
2026 $1,298,200 100.00% $1,298,200 +5.2% -1.2%

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 93.90% (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 $1,063,700 1.574 $16,743 $16,742.64
2024 $1,147,400 1.469 $16,855 $16,855.31 +0.7%
2025 $1,234,300 1.427 $17,613 $17,613.46 +4.5%
2026 $1,298,200 pending rate

Where your money goes

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

Schools
$11,671 63.0%
County
$2,817 15.2%
Municipal
$4,037 21.8%
District school (0.638)$8,283
Regional / consolidated school (0.261)$3,388
County (0.179)$2,324
County library (0.011)$143
County open space (0.027)$351
Municipal purpose (0.311)$4,037

Property details

Class2
Building class18
Building1.5S-F-O-DG-1U
Land description50X150
Dwellings1
Commercial units1
Year built1932
Acreage0.1722
Zoning
Tax map page5
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$485,000 · 6/20/2014 · sale assessment $424,400
Deed book / page09071 / 02529

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.