77-79 LEROY PL

Keansburg, Monmouth County · Block 163, Lot 31.3

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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)
$8,842

Estimated annual tax: current net × 2.143 (rate year 2025). Year-over-year % is hidden until the 2026 general rate is available for this reval/reassess town.

Assessment net change: +14.6% ($360,100 → $412,600).

Assessment

Land$230,300
Improvements$182,300
Net (taxable assessed, 2026)$412,600
Town avg ratio used100.00% (Revaluation year (~100% of market))
Implied equalized value$412,600
2025 tax (MOD-IV billed)$7,716.94
Est. 2025 tax @ general rate$8,842
Mailing address (2026)107 MOUNTAINSIDE AVENUE, ATLANTIC HIGHLANDS; NJ, 07716

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 104.94% (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 $412,600
2025 $360,100 $7,716.94
2024 $304,500 $6,699.00
2023 $264,600 $6,853.14

Mailing changed in 2025 to 107 MOUNTAINSIDE AVENUE, ATLANTIC HIGHLANDS; NJ, 07716.

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 $264,600 98.31% $269,149
2024 $304,500 100.00% $304,500 +15.1% +13.1%
2025 $360,100 100.00% $360,100 +18.3% +18.3%
2026 $412,600 100.00% $412,600 +14.6% +14.6%

2024: Published average ratio exceeded 100%; New Jersey treats that as 100% for equalization.

2025: Published average ratio exceeded 100%; New Jersey treats that as 100% for equalization.

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 104.94% (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 $264,600 2.590 $6,853 $6,853.14
2024 $304,500 2.200 $6,699 $6,699.00 -2.2%
2025 $360,100 2.143 $7,717 $7,716.94 +15.2%
2026 $412,600 pending rate

Where your money goes

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

Schools
$3,152 35.7%
County
$821 9.3%
Municipal
$4,869 55.1%
District school (0.764)$3,152
County (0.161)$664
County library (0.010)$41
County health (0.003)$12
County open space (0.025)$103
Municipal purpose (1.180)$4,869

Property details

Class2
Building class45
Building2SF
Land description25X153 IRR
Dwellings2
Commercial units
Year built1958
Acreage
ZoningR-7
Tax map page31
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$400,000 · 3/20/2024 · sale assessment $304,500 · SR1A 30
Deed book / page09682 / 00927

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.