5 TUDOR RD

Freehold, Monmouth County · Block 71.19, Lot 14

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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)
$16,143

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: +3.3% ($934,200 → $964,900).

Assessment

Land$362,400
Improvements$602,500
Net (taxable assessed, 2026)$964,900
Town avg ratio used100.00% (Revaluation year (~100% of market))
Implied equalized value$964,900
2025 tax (MOD-IV billed)$15,900.09
Est. 2025 tax @ general rate$16,143
Mailing address (2026)5 TUDOR 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 $964,900
2025 $934,200 $15,900.09
2024 $750,100 $13,576.81
2023 $683,600 $12,742.30

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 $683,600 89.49% $763,884
2024 $750,100 96.49% $777,386 +9.7% +1.8%
2025 $934,200 95.13% $982,025 +24.5% +26.3%
2026 $964,900 100.00% $964,900 +3.3% -1.7%

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 $683,600 1.825 $12,476 $12,742.30
2024 $750,100 1.781 $13,359 $13,576.81 +7.1%
2025 $934,200 1.673 $15,629 $15,900.09 +17.0%
2026 $964,900 pending rate

Where your money goes

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

Schools
$11,328 70.2%
County
$2,046 12.7%
Municipal
$2,769 17.2%
District school (0.804)$7,758
Regional / consolidated school (0.370)$3,570
County (0.175)$1,689
County library (0.011)$106
County open space (0.026)$251
Municipal purpose (0.247)$2,383
Municipal open space (0.040)$386

Property details

Class2
Building class18
BuildingMOTHER/DAUGHTER
Land description125X200
Dwellings1
Commercial units0
Year built1963
Acreage0.5739
ZoningR-25
Tax map page35
Additional lots
Census tract / block
Special tax codesF01
MOD-IV current-year tax
Last sale$570,000 · 6/30/2016 · sale assessment $518,000
Deed book / page09175 / 05958

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.