168 CENTER AVE

Keansburg, Monmouth County · Block 59, Lot 5

Show on map

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)
$8,347

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: +8.1% ($360,200 → $389,500).

Assessment

Land$207,800
Improvements$181,700
Net (taxable assessed, 2026)$389,500
Town avg ratio used100.00% (Revaluation year (~100% of market))
Implied equalized value$389,500
2025 tax (MOD-IV billed)$7,719.09
Est. 2025 tax @ general rate$8,347
Mailing address (2026)3536 MELCON FARMS WAY, JACKSONVILLE; FL, 32223

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 $389,500
2025 $360,200 $7,719.09
2024 $326,800 $7,189.60
2023 $292,800 $7,583.52

Mailing changed in 2024 to 177 E BLACKJACK BRANCH WY, ST JOHNS; FL, 32259.

Mailing changed in 2026 to 3536 MELCON FARMS WAY, JACKSONVILLE; FL, 32223.

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 $292,800 98.31% $297,833
2024 $326,800 100.00% $326,800 +11.6% +9.7%
2025 $360,200 100.00% $360,200 +10.2% +10.2%
2026 $389,500 100.00% $389,500 +8.1% +8.1%

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 $292,800 2.590 $7,584 $7,583.52
2024 $326,800 2.200 $7,190 $7,189.60 -5.2%
2025 $360,200 2.143 $7,719 $7,719.09 +7.4%
2026 $389,500 pending rate

Where your money goes

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

Schools
$2,976 35.7%
County
$775 9.3%
Municipal
$4,596 55.1%
District school (0.764)$2,976
County (0.161)$627
County library (0.010)$39
County health (0.003)$12
County open space (0.025)$97
Municipal purpose (1.180)$4,596

Property details

Class2
Building class17
Building2SF
Land description25X100
Dwellings1
Commercial units
Year built1918
Acreage0.0574
Zoning
Tax map page10
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$1 · 12/21/2020 · sale assessment $204,800 · SR1A 25
Deed book / page09471 / 00450

See this lot on the statewide map, then come back for the full tax story.

Show on map

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.