5 ST MARKS AVENUE

Keansburg, Monmouth County · Block 62, Lot 8.1

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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)
$5,893

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: +2.0% ($269,500 → $275,000).

Assessment

Land$200,000
Improvements$75,000
Net (taxable assessed, 2026)$275,000
Town avg ratio used100.00% (Revaluation year (~100% of market))
Implied equalized value$275,000
2025 tax (MOD-IV billed)$5,775.39
Est. 2025 tax @ general rate$5,893
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 $275,000
2025 $269,500 $5,775.39
2024 $218,000 $4,796.00
2023 $175,100 $4,535.09

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 $175,100 98.31% $178,110
2024 $218,000 100.00% $218,000 +24.5% +22.4%
2025 $269,500 100.00% $269,500 +23.6% +23.6%
2026 $275,000 100.00% $275,000 +2.0% +2.0%

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 $175,100 2.590 $4,535 $4,535.09
2024 $218,000 2.200 $4,796 $4,796.00 +5.8%
2025 $269,500 2.143 $5,775 $5,775.39 +20.4%
2026 $275,000 pending rate

Where your money goes

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

Schools
$2,101 35.7%
County
$547 9.3%
Municipal
$3,245 55.1%
District school (0.764)$2,101
County (0.161)$443
County library (0.010)$28
County health (0.003)$8
County open space (0.025)$69
Municipal purpose (1.180)$3,245

Property details

Class2
Building class16
Building1SF
Land description25X100
Dwellings1
Commercial units
Year built1933
Acreage0.0574
Zoning
Tax map page11
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$1 · 8/28/2018 · sale assessment $91,600 · SR1A 25
Deed book / page09320 / 07440

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.