37 GREAT BRIDGE RD

Freehold, Monmouth County · Block 28, Lot 8.16

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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)
$23,576

Estimated annual tax: current net × 1.673 (rate year 2025). Year-over-year % is hidden until the 2026 general rate is available for this reval/reassess town.

Assessment net change: -1.1% ($1,424,400 → $1,409,200).

Assessment

Land$438,500
Improvements$970,700
Net (taxable assessed, 2026)$1,409,200
Town avg ratio used100.00% (Revaluation year (~100% of market))
Implied equalized value$1,409,200
2025 tax (MOD-IV billed)$24,214.80
Est. 2025 tax @ general rate$23,576
Mailing address (2026)37 GREAT BRIDGE RD, FREEHOLD; NJ, 07728

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 101.37% (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 $1,409,200
2025 $1,424,400 $24,214.80
2024 $1,243,200 $22,501.92
2023 $1,076,400 $19,967.22

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 $1,076,400 89.49% $1,202,816
2024 $1,243,200 96.49% $1,288,424 +15.5% +7.1%
2025 $1,424,400 95.13% $1,497,319 +14.6% +16.2%
2026 $1,409,200 100.00% $1,409,200 -1.1% -5.9%

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 101.37% (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 $1,076,400 1.825 $19,644 $19,967.22
2024 $1,243,200 1.781 $22,141 $22,501.92 +12.7%
2025 $1,424,400 1.673 $23,830 $24,214.80 +7.6%
2026 $1,409,200 pending rate

Where your money goes

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

Schools
$16,544 70.2%
County
$2,988 12.7%
Municipal
$4,044 17.2%
District school (0.804)$11,330
Regional / consolidated school (0.370)$5,214
County (0.175)$2,466
County library (0.011)$155
County open space (0.026)$366
Municipal purpose (0.247)$3,481
Municipal open space (0.040)$564

Property details

Class2
Building class18
BuildingST ANDREWS NE
Land description145X175
Dwellings1
Commercial units
Year built2009
Acreage0.5825
ZoningLTW4
Tax map page7
Additional lots
Census tract / block
Special tax codesF02
MOD-IV current-year tax
Last sale$825,000 · 8/11/2016 · sale assessment $793,800
Deed book / page09181 / 07851

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.