9 BOWERS DR

Freehold, Monmouth County · Block 88.3, Lot 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)
$23,178

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: -0.9% ($1,398,500 → $1,385,400).

Assessment

Land$544,000
Improvements$841,400
Net (taxable assessed, 2026)$1,385,400
Town avg ratio used100.00% (Revaluation year (~100% of market))
Implied equalized value$1,385,400
2025 tax (MOD-IV billed)$23,802.48
Est. 2025 tax @ general rate$23,178
Mailing address (2026)9 BOWERS 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 $1,385,400
2025 $1,398,500 $23,802.48
2024 $1,127,200 $20,402.32
2023 $1,077,500 $20,084.61

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 $1,077,500 89.49% $1,204,045
2024 $1,127,200 96.49% $1,168,204 +4.6% -3.0%
2025 $1,398,500 95.13% $1,470,094 +24.1% +25.8%
2026 $1,385,400 100.00% $1,385,400 -0.9% -5.8%

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 $1,077,500 1.825 $19,664 $20,084.61
2024 $1,127,200 1.781 $20,075 $20,402.32 +2.1%
2025 $1,398,500 1.673 $23,397 $23,802.48 +16.5%
2026 $1,385,400 pending rate

Where your money goes

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

Schools
$16,265 70.2%
County
$2,937 12.7%
Municipal
$3,976 17.2%
District school (0.804)$11,139
Regional / consolidated school (0.370)$5,126
County (0.175)$2,424
County library (0.011)$152
County open space (0.026)$360
Municipal purpose (0.247)$3,422
Municipal open space (0.040)$554

Property details

Class2
Building class18
BuildingCARLTON FED
Land description279X224
Dwellings1
Commercial units
Year built2002
Acreage1.4347
ZoningR-40
Tax map page32
Additional lots
Census tract / block
Special tax codesF01
MOD-IV current-year tax
Last sale$797,500 · 6/28/2010 · sale assessment $788,200
Deed book / page08838 / 08242

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.