200 LAUREL AVE

Middletown Twp, Monmouth County · Block 795, Lot 5.1

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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)
$2,242,124

Estimated annual tax: current net × 1.614 (rate year 2025). Year-over-year % is hidden until the 2026 general rate is available for this reval/reassess town.

Assessment net change: 0.0% ($138,917,200 → $138,917,200).

Assessment

Land$94,875,000
Improvements$45,862,400
Net (taxable assessed, 2026)$138,917,200
Town avg ratio used100.00% (Revaluation year (~100% of market))
Implied equalized value$138,917,200
2025 tax (MOD-IV billed)$2,242,123.61
Est. 2025 tax @ general rate$2,242,124
Mailing address (2026)ONE AT&T WAY ROOM 1B201, BEDMINSTER; NJ, 07921

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.

The stored sale is not used for a change-since-sale figure. SR1A 28 — Leaseback marks it non-usable, or the price is a nominal amount.

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 98.35% (often still reflecting the prior assessment base).

Building permits for 200 LAUREL AVE

The New Jersey construction-permit file lists 42 permits for 200 LAUREL AVE in Middletown Twp. 35 are still open in the state file. Permit 20260414, an alteration, was issued 17 Feb 2026 and is open in the state file. The reported cost is $126,000.

Permit Type Use Issued Closed Reported cost
000020213037 Alteration International Residential Code 16 Sep 2021 Open in the state file $300
000020213039 Alteration International Residential Code 16 Sep 2021 Open in the state file $300
000020213038 Alteration International Residential Code 16 Sep 2021 Open in the state file $300
000020213034 Alteration International Residential Code 16 Sep 2021 Open in the state file $300
000020213035 Alteration International Residential Code 16 Sep 2021 Open in the state file $300
000020213036 Alteration International Residential Code 16 Sep 2021 Open in the state file $300
000020213448 Alteration Business Uses 21 Oct 2021 Open in the state file $169,400
000020213780 Alteration Business Uses 16 Nov 2021 Open in the state file $110,000
000020213724 Alteration Business Uses 16 Nov 2021 Open in the state file $55,000
000020220143 Alteration Business Uses 21 Jan 2022 Open in the state file $147,000
000020220516 Alteration Business Uses 4 May 2022 12 May 2022, Certificate of Approval $146,000
000020222245 Alteration Business Uses 15 Aug 2022 Open in the state file $300
000020222202 Alteration Business Uses 15 Aug 2022 Open in the state file $300
000020222246 Alteration Business Uses 15 Aug 2022 Open in the state file $300
000020222244 Alteration Business Uses 15 Aug 2022 Open in the state file $300
000020222201 Alteration Business Uses 15 Aug 2022 Open in the state file $300
000020222203 Alteration Business Uses 15 Aug 2022 Open in the state file $300
000020222921 Alteration Accessory buildings and miscellaneous structures 25 Oct 2022 28 Oct 2022, Certificate of Approval $32,000
20223232 Alteration Accessory buildings and miscellaneous structures 2 Nov 2022 Open in the state file $8,000
20232541 Alteration Business Uses 30 Aug 2023 Open in the state file $455,000
20241582 Alteration Business Uses 29 May 2024 26 Jul 2024, Certificate of Approval $551,290
20241582 Alteration Business Uses 29 May 2024 Open in the state file $551,290
20242180 Alteration Business Uses 24 Jul 2024 Open in the state file $1,205,000
20242859 Alteration Business Uses 18 Sep 2024 Open in the state file $10,000
20242849 Alteration International Residential Code 24 Sep 2024 Open in the state file $303,500
20250020 Alteration International Residential Code 6 Jan 2025 Open in the state file $40,000
20250802 Alteration Business Uses 19 Mar 2025 Open in the state file $3,487,000
20250802+A Alteration Business Uses 24 Apr 2025 Open in the state file $520,900
20251089 Alteration Business Uses 1 May 2025 Open in the state file $657,681
20251581 Alteration Business Uses 3 Jun 2025 Open in the state file $750,750
20251582 Alteration International Residential Code 4 Jun 2025 Open in the state file $520,600
20251773 Alteration Business Uses 18 Jun 2025 Open in the state file $150,000
20251973 Alteration Business Uses 10 Jul 2025 Open in the state file $237,500
20252030 Alteration Business Uses 16 Jul 2025 23 Jul 2025, Certificate of Approval $36,000
20251582+A Alteration Business Uses 23 Jul 2025 Open in the state file $542,000
20251773+A Alteration Business Uses 11 Aug 2025 Open in the state file $0
20252338 Alteration Business Uses 20 Aug 2025 Open in the state file $780,000
20252338+A Alteration Business Uses 28 Oct 2025 29 Oct 2025, Certificate of Approval $15,000
20253145 Alteration Business Uses 28 Oct 2025 Open in the state file $298,040
20253689 Alteration International Residential Code 23 Dec 2025 18 May 2026, Certificate of Approval $300,000
20253694 Alteration International Residential Code 24 Dec 2025 16 Jun 2026, Certificate of Approval $2,773,000
20260414 Alteration Business Uses 17 Feb 2026 Open in the state file $126,000

The file does not name the work. This file is a full record from 2021 on. Older permits are mostly missing. A repair from before then can be absent here and still be at the Middletown Twp construction office.

Flood zone for 200 LAUREL AVE

FEMA’s flood map places the mapped point for 200 LAUREL AVE in zone X.

The state’s 10-foot ground scan puts the lowest cell on this lot at 40 feet and the highest at 169 feet (NAVD88).

These figures are estimates. The zone and any flood elevation come from FEMA’s flood map at a point for this address, and that point can fall in the street. The high and low come from the state’s 10-foot ground scan of the lot outline. A cell can catch a ditch, the street, or the edge of the lot. They are not a survey and not an insurance rating. A licensed surveyor measures the ground and the building. The town floodplain administrator, or a licensed engineer, confirms what the zone means for this lot. No zone at this point, or zone X, does not mean the lot will not flood.

Water and sewer for 200 LAUREL AVE

This lot is within the Bayshore Regional Sewerage Treatment Plant sewer system. Please verify with the provider.

This lot is most likely on a well because it is outside the mapped public water service area. Please verify.

These lines come from the state’s sewer service areas and public community water areas, read at a point for this address. That point can fall in the street. Being inside a named area means the lot is inside that mapped system, not that a pipe or a meter is on the house. Being outside means the lot is outside the mapped service area, which is usually a septic system or a private well. It is not a hookup record. Please verify with the provider. How we read water and sewer.

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 $138,917,200 —
2025 $138,917,200 $2,242,123.61
2024 $154,822,800 $2,546,835.06
2023 $157,115,100 $2,730,660.44

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 $157,115,100 98.10% $160,158,104 — —
2024 $154,822,800 100.00% $154,822,800 -1.5% -3.3%
2025 $138,917,200 97.53% $142,435,353 -10.3% -8.0%
2026 $138,917,200 100.00% $138,917,200 0.0% -2.5%

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 98.35% (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 $157,115,100 1.738 $2,730,660 $2,730,660.44 —
2024 $154,822,800 1.645 $2,546,835 $2,546,835.06 -6.7%
2025 $138,917,200 1.614 $2,242,124 $2,242,123.61 -12.0%
2026 $138,917,200 — — — pending rate

Where your money goes

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

Schools
$1,375,280 61.3%
County
$270,889 12.1%
Municipal
$595,955 26.6%
District school (0.990)$1,375,280
County (0.169)$234,770
County open space (0.026)$36,118
Municipal purpose (0.358)$497,324
Municipal open space (0.040)$55,567
Municipal library (0.031)$43,064

Property details

Class4A — Commercial
Building class—
Building1;849;338 SQFT
Land description253 AC
Dwellings1
Commercial units0
Year built2002
Acreage253
Zoning—
Tax map page141
Additional lotsT/A 0187
Census tract / block—
Special tax codes—
MOD-IV current-year tax—
Last sale$100,000,000 · 4/2/2012 · sale assessment $201,600,000 · SR1A 28 — Leaseback
Deed book / page08943 / 02602

The class, building class, SR1A, and special-tax words are the state’s names for those codes. The zoning code is the town’s. A code that is not on the state list keeps the code and says so.

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). Building permits are read live from the NJ construction-permit file for this block and lot. The flood zone is read live from FEMA’s flood map at a point for this address. The high and low are read live from the state’s 10-foot ground scan. Water and sewer are read live from the state’s service-area maps at that same point. Those map readings are estimates, not a survey and not a hookup record. Estimates are not an official tax bill. Owner names are not shown. Water and sewer · Full disclaimer.