41 GAGE CT

Freehold, Monmouth County · Block 93.5, Lot 29

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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)
$13,382

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: +5.2% ($760,700 → $799,900).

Assessment

Land$370,100
Improvements$429,800
Net (taxable assessed, 2026)$799,900
Town avg ratio used100.00% (Revaluation year (~100% of market))
Implied equalized value$799,900
2025 tax (MOD-IV billed)$12,947.11
Est. 2025 tax @ general rate$13,382
Mailing address (2026)41 GAGE 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 $799,900
2025 $760,700 $12,947.11
2024 $674,800 $12,213.88
2023 $657,700 $12,259.53

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 $657,700 89.49% $734,942
2024 $674,800 96.49% $699,347 +2.6% -4.8%
2025 $760,700 95.13% $799,643 +12.7% +14.3%
2026 $799,900 100.00% $799,900 +5.2% +0.0%

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 $657,700 1.825 $12,003 $12,259.53
2024 $674,800 1.781 $12,018 $12,213.88 +0.1%
2025 $760,700 1.673 $12,727 $12,947.11 +5.9%
2026 $799,900 pending rate

Where your money goes

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

Schools
$9,391 70.2%
County
$1,696 12.7%
Municipal
$2,296 17.2%
District school (0.804)$6,431
Regional / consolidated school (0.370)$2,960
County (0.175)$1,400
County library (0.011)$88
County open space (0.026)$208
Municipal purpose (0.247)$1,976
Municipal open space (0.040)$320

Property details

Class2
Building class18
Building
Land description216X148
Dwellings1
Commercial units0
Year built1971
Acreage0.7339
ZoningR-25
Tax map page40
Additional lots
Census tract / block
Special tax codesF01
MOD-IV current-year tax
Last sale$335,000 · 7/31/2012 · sale assessment $443,700
Deed book / page08963 / 05852

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.