106 ASPEN LN
Freehold, Monmouth County · Block 86.12, Lot 1.106, Qual S03
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 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: +6.7% ($425,900 → $454,400).
Assessment
| Land | $200,000 |
|---|---|
| Improvements | $254,400 |
| Net (taxable assessed, 2026) | $454,400 |
| Town avg ratio used | 100.00% (Revaluation year (~100% of market)) |
| Implied equalized value | $454,400 |
| 2025 tax (MOD-IV billed) | $7,248.82 |
| Est. 2025 tax @ general rate | $7,602 |
| Mailing address (2026) | 106 ASPEN LN, 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 | $454,400 | — |
| 2025 | $425,900 | $7,248.82 |
| 2024 | $386,400 | $6,993.84 |
| 2023 | $381,200 | $7,105.57 |
Mailing changed in 2025 to 106 ASPEN LN, FREEHOLD; NJ, 07728.
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 | $381,200 | 89.49% | $425,969 | — | — |
| 2024 | $386,400 | 96.49% | $400,456 | +1.4% | -6.0% |
| 2025 | $425,900 | 95.13% | $447,703 | +10.2% | +11.8% |
| 2026 | $454,400 | 100.00% | $454,400 | +6.7% | +1.5% |
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 | $381,200 | 1.825 | $6,957 | $7,105.57 | — |
| 2024 | $386,400 | 1.781 | $6,882 | $6,993.84 | -1.1% |
| 2025 | $425,900 | 1.673 | $7,125 | $7,248.82 | +3.5% |
| 2026 | $454,400 | — | — | — | pending rate |
Where your money goes
Component $ = net × (component rate ÷ 100). Percents are share of school + county + municipal components for rate year 2025.
| District school (0.804) | $3,653 |
|---|---|
| Regional / consolidated school (0.370) | $1,681 |
| County (0.175) | $795 |
| County library (0.011) | $50 |
| County open space (0.026) | $118 |
| Municipal purpose (0.247) | $1,122 |
| Municipal open space (0.040) | $182 |
Property details
| Class | 2 |
|---|---|
| Building class | 37 |
| Building | AUSTIN |
| Land description | 43X94 |
| Dwellings | 1 |
| Commercial units | — |
| Year built | 1994 |
| Acreage | 0.0928 |
| Zoning | PC |
| Tax map page | 2205 |
| Additional lots | — |
| Census tract / block | — |
| Special tax codes | F01 |
| MOD-IV current-year tax | — |
| Last sale | $429,000 · 4/18/2024 · sale assessment $386,400 |
| Deed book / page | 09686 / 07107 |
See this lot on the statewide map, then come back for the full tax story.
Show on mapSources: 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.