85 HAZEL DR

Freehold, Monmouth County · Block 86.24, Lot 1.85, Qual S07

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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)
$8,688

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: +6.8% ($486,200 → $519,300).

Assessment

Land$230,000
Improvements$289,300
Net (taxable assessed, 2026)$519,300
Town avg ratio used100.00% (Revaluation year (~100% of market))
Implied equalized value$519,300
2025 tax (MOD-IV billed)$8,275.13
Est. 2025 tax @ general rate$8,688
Mailing address (2026)85 HAZEL DR, 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 $519,300
2025 $486,200 $8,275.13
2024 $479,200 $8,673.52
2023 $488,600 $9,107.50

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 $488,600 89.49% $545,983
2024 $479,200 96.49% $496,632 -1.9% -9.0%
2025 $486,200 95.13% $511,090 +1.5% +2.9%
2026 $519,300 100.00% $519,300 +6.8% +1.6%

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 $488,600 1.825 $8,917 $9,107.50
2024 $479,200 1.781 $8,535 $8,673.52 -4.3%
2025 $486,200 1.673 $8,134 $8,275.13 -4.7%
2026 $519,300 pending rate

Where your money goes

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

Schools
$6,097 70.2%
County
$1,101 12.7%
Municipal
$1,490 17.2%
District school (0.804)$4,175
Regional / consolidated school (0.370)$1,921
County (0.175)$909
County library (0.011)$57
County open space (0.026)$135
Municipal purpose (0.247)$1,283
Municipal open space (0.040)$208

Property details

Class2
Building class18
BuildingSAXONY
Land description45X100
Dwellings1
Commercial units0
Year built1986
Acreage0.1033
ZoningPC
Tax map page2211
Additional lots
Census tract / block
Special tax codesF01
MOD-IV current-year tax
Last sale$134,000 · 3/3/1987
Deed book / page04738 / 00702

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.