55 LAZARUS DR

Freehold, Monmouth County · Block 42.11, Lot 1, Qual S06

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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)
$0

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

Land$0
Improvements$0
Net (taxable assessed, 2026)$0
Town avg ratio used100.00% (Revaluation year (~100% of market))
Implied equalized value
2025 tax (MOD-IV billed)
Est. 2025 tax @ general rate$0
Mailing address (2026)711 SYCAMORE AVE, RED BANK; NJ, 07701

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
2025
2024
2023

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 89.49%
2024 96.49%
2025 95.13%
2026 $0 100.00%

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 1.825
2024 1.781
2025 1.673
2026 $0 pending rate

Where your money goes

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

Schools
$0 0.0%
County
$0 0.0%
Municipal
$0 0.0%
District school (0.804)$0
Regional / consolidated school (0.370)$0
County (0.175)$0
County library (0.011)$0
County open space (0.026)$0
Municipal purpose (0.247)$0
Municipal open space (0.040)$0

Property details

Class1
Building class
BuildingOPEN SPACE
Land description5.54 AC
Dwellings0
Commercial units0
Year built
Acreage5.54
ZoningPUD
Tax map page1706
Additional lots1.01;1.02;1.03
Census tract / block
Special tax codesF02
MOD-IV current-year tax
Last sale$1 · 8/12/1992 · sale assessment $600
Deed book / page05160 / 00892

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.