24 BENNETT LANE

Little, Monmouth County · Block 28, Lot 87

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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)
$15,820

Estimated annual tax: current net × 1.437 (rate year 2025). Year-over-year % is hidden until the 2026 general rate is available for this reval/reassess town.

Assessment net change: +2.2% ($1,077,200 → $1,100,900).

Assessment

Land$982,900
Improvements$118,000
Net (taxable assessed, 2026)$1,100,900
Town avg ratio used100.00% (Revaluation year (~100% of market))
Implied equalized value$1,100,900
2025 tax (MOD-IV billed)$15,479.36
Est. 2025 tax @ general rate$15,820
Mailing address (2026)24 BENNETT LANE, LITTLE SILVER; NJ, 07739

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 101.42% (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 $1,100,900
2025 $1,077,200 $15,479.36
2024 $717,100 $12,104.65
2023 $709,200 $12,765.60

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 $709,200 97.39% $728,206
2024 $717,100 100.00% $717,100 +1.1% -1.5%
2025 $1,077,200 92.96% $1,158,778 +50.2% +61.6%
2026 $1,100,900 100.00% $1,100,900 +2.2% -5.0%

2024: 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 101.42% (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 $709,200 1.800 $12,766 $12,765.60
2024 $717,100 1.688 $12,105 $12,104.65 -5.2%
2025 $1,077,200 1.437 $15,479 $15,479.36 +27.9%
2026 $1,100,900 pending rate

Where your money goes

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

Schools
$9,897 62.6%
County
$2,169 13.7%
Municipal
$3,754 23.7%
District school (0.596)$6,561
Regional / consolidated school (0.303)$3,336
County (0.160)$1,761
County library (0.010)$110
County health (0.003)$33
County open space (0.024)$264
Municipal purpose (0.331)$3,644
Municipal open space (0.010)$110

Property details

Class2
Building class18
Building2S-F-L-DG-1U
Land description358X274
Dwellings1
Commercial units
Year built1910
Acreage2.2519
ZoningR-3
Tax map page9
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$1 · 8/12/2024 · sale assessment $717,100 · SR1A 25
Deed book / page09699 / 07225

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.