158 CHERRY TREE CT
Freehold, Monmouth County · Block 86.37, Lot 1.158, Qual S09
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: +6.6% ($504,500 → $537,900).
Assessment
| Land | $230,000 |
|---|---|
| Improvements | $307,900 |
| Net (taxable assessed, 2026) | $537,900 |
| Town avg ratio used | 100.00% (Revaluation year (~100% of market)) |
| Implied equalized value | $537,900 |
| 2025 tax (MOD-IV billed) | $8,586.60 |
| Est. 2025 tax @ general rate | $8,999 |
| Mailing address (2026) | 158 CHERRY TREE CT, 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 | $537,900 | — |
| 2025 | $504,500 | $8,586.60 |
| 2024 | $496,300 | $8,983.03 |
| 2023 | $483,400 | $9,010.58 |
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 | $483,400 | 89.49% | $540,172 | — | — |
| 2024 | $496,300 | 96.49% | $514,354 | +2.7% | -4.8% |
| 2025 | $504,500 | 95.13% | $530,327 | +1.7% | +3.1% |
| 2026 | $537,900 | 100.00% | $537,900 | +6.6% | +1.4% |
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 | $483,400 | 1.825 | $8,822 | $9,010.58 | — |
| 2024 | $496,300 | 1.781 | $8,839 | $8,983.03 | +0.2% |
| 2025 | $504,500 | 1.673 | $8,440 | $8,586.60 | -4.5% |
| 2026 | $537,900 | — | — | — | 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) | $4,325 |
|---|---|
| Regional / consolidated school (0.370) | $1,990 |
| County (0.175) | $941 |
| County library (0.011) | $59 |
| County open space (0.026) | $140 |
| Municipal purpose (0.247) | $1,329 |
| Municipal open space (0.040) | $215 |
Property details
| Class | 2 |
|---|---|
| Building class | 18 |
| Building | REGENCY |
| Land description | 51X100 |
| Dwellings | 1 |
| Commercial units | 0 |
| Year built | 1986 |
| Acreage | 0.1171 |
| Zoning | PC |
| Tax map page | 3202 |
| Additional lots | — |
| Census tract / block | — |
| Special tax codes | F01 |
| MOD-IV current-year tax | — |
| Last sale | $299,000 · 7/13/2018 · sale assessment $324,500 · SR1A 26 |
| Deed book / page | 09302 / 02259 |
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.