304 DARTMOUTH WAY

Freehold, Monmouth County · Block 87.10, Lot 1

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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)
$18,913

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: +0.2% ($1,127,900 → $1,130,500).

Assessment

Land$334,800
Improvements$795,700
Net (taxable assessed, 2026)$1,130,500
Town avg ratio used100.00% (Revaluation year (~100% of market))
Implied equalized value$1,130,500
2025 tax (MOD-IV billed)$19,196.86
Est. 2025 tax @ general rate$18,913
Mailing address (2026)304 DARTMOUTH WAY, 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 $1,130,500
2025 $1,127,900 $19,196.86
2024 $1,023,100 $18,518.11
2023 $940,700 $17,534.65

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 $940,700 89.49% $1,051,179
2024 $1,023,100 96.49% $1,060,317 +8.8% +0.9%
2025 $1,127,900 95.13% $1,185,641 +10.2% +11.8%
2026 $1,130,500 100.00% $1,130,500 +0.2% -4.7%

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 $940,700 1.825 $17,168 $17,534.65
2024 $1,023,100 1.781 $18,221 $18,518.11 +6.1%
2025 $1,127,900 1.673 $18,870 $19,196.86 +3.6%
2026 $1,130,500 pending rate

Where your money goes

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

Schools
$13,272 70.2%
County
$2,397 12.7%
Municipal
$3,245 17.2%
District school (0.804)$9,089
Regional / consolidated school (0.370)$4,183
County (0.175)$1,978
County library (0.011)$124
County open space (0.026)$294
Municipal purpose (0.247)$2,792
Municipal open space (0.040)$452

Property details

Class2
Building class18
BuildingWHARTON B
Land description140X149
Dwellings1
Commercial units1
Year built1999
Acreage0.4789
ZoningR-25
Tax map page34
Additional lots
Census tract / block
Special tax codesF01
MOD-IV current-year tax
Last sale$750,000 · 3/13/2006 · sale assessment $390,000
Deed book / page08549 / 07244

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.