58 CAMBRIDGE RD

Freehold, Monmouth County · Block 71.28, Lot 3.5

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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)
$18,627

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: +10.3% ($1,009,300 → $1,113,400).

Assessment

Land$401,100
Improvements$712,300
Net (taxable assessed, 2026)$1,113,400
Town avg ratio used100.00% (Revaluation year (~100% of market))
Implied equalized value$1,113,400
2025 tax (MOD-IV billed)$17,178.29
Est. 2025 tax @ general rate$18,627
Mailing address (2026)58 CAMBRIDGE 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 $1,113,400
2025 $1,009,300 $17,178.29
2024 $948,200 $17,162.42
2023 $867,500 $16,170.21

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 $867,500 89.49% $969,382
2024 $948,200 96.49% $982,693 +9.3% +1.4%
2025 $1,009,300 95.13% $1,060,969 +6.4% +8.0%
2026 $1,113,400 100.00% $1,113,400 +10.3% +4.9%

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 $867,500 1.825 $15,832 $16,170.21
2024 $948,200 1.781 $16,887 $17,162.42 +6.7%
2025 $1,009,300 1.673 $16,886 $17,178.29 0.0%
2026 $1,113,400 pending rate

Where your money goes

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

Schools
$13,071 70.2%
County
$2,360 12.7%
Municipal
$3,195 17.2%
District school (0.804)$8,952
Regional / consolidated school (0.370)$4,120
County (0.175)$1,948
County library (0.011)$122
County open space (0.026)$289
Municipal purpose (0.247)$2,750
Municipal open space (0.040)$445

Property details

Class2
Building class18
BuildingGEORGIAN
Land description215X173
Dwellings1
Commercial units
Year built1993
Acreage0.8539
ZoningR-25
Tax map page36
Additional lots
Census tract / block
Special tax codesF01
MOD-IV current-year tax
Last sale$455,000 · 4/29/2003 · sale assessment $289,000
Deed book / page08225 / 08835

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.