212-220 MONMOUTH ST

Red Bank Boro, Monmouth County · Block 38, Lot 1.1

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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)
$286,994

Estimated annual tax: current net × 1.822 (rate year 2025). Year-over-year % is hidden until the 2026 general rate is available for this reval/reassess town.

Assessment net change: +12.6% ($13,995,000 → $15,751,600).

Assessment

Land$2,051,700
Improvements$13,699,900
Net (taxable assessed, 2026)$15,751,600
Town avg ratio used100.00% (Revaluation year (~100% of market))
Implied equalized value$15,751,600
2025 tax (MOD-IV billed)$267,304.50
Est. 2025 tax @ general rate$286,994
Mailing address (2026)25 BRIDGE AVE; SUITE 150, RED BANK; NJ, 07701

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 4 — Transfer of convenience, such as a deed to correct the title 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 94.06% (often still reflecting the prior assessment base).

Building permits for 212-220 MONMOUTH ST

The New Jersey construction-permit file lists 23 permits for 212-220 MONMOUTH ST in Red Bank Boro. 6 are still open in the state file. Permit 20260226, an alteration, was issued 7 May 2026 and closed 9 Jul 2026 with a Certificate of Approval. The reported cost is $17,000.

Permit Type Use Issued Closed Reported cost
19991497 Alteration Storage building, moderate hazard 8 Oct 1999 28 Oct 1999, Certificate of Approval $400
20081559 Alteration Multiple family dwellings, dormitories, etc. 13 Oct 2008 30 Oct 2008, Certificate of Approval $40,000
20090678 Alteration Storage building, moderate hazard 8 May 2009 29 May 2009, Certificate of Approval $30,000
20160863+A Alteration Storage building, low hazard 25 Aug 2016 1 Sep 2021, Certificate of Approval $5,800
20180394 Demolition One and two family units, 5 lodgers or less each 8 Jun 2018 15 Apr 2021, Certificate of Approval $0
00020210367U Alteration Business Uses 30 Sep 2021 Open in the state file $100
000020210527 Alteration Business Uses 5 Oct 2021 Open in the state file $21,250
202400819 Alteration Business Uses 18 Nov 2024 5 Aug 2025, Certificate of Approval $12,600
20250193 Alteration Business Uses 9 Apr 2025 4 Sep 2025, Certificate of Approval $4,000
20250243 Alteration Business Uses 6 May 2025 14 May 2026, Certificate of Approval $27,400
20250249 Alteration Mercantile buildings 8 May 2025 Open in the state file $49,950
20250249+A Alteration Business Uses 8 May 2025 4 Sep 2025, Certificate of Approval $3,000
20250193+A Alteration Business Uses 10 Jun 2025 4 Sep 2025, Certificate of Approval $750
20250249+B Alteration Mercantile buildings 7 Aug 2025 4 Sep 2025, Certificate of Approval $2,500
20250617 Alteration Accessory buildings and miscellaneous structures 21 Aug 2025 1 Jun 2026, Certificate of Approval $13,300
20250679 Alteration Business Uses 24 Sep 2025 16 Mar 2026, Certificate of Approval $82,000
20250679+A Alteration Business Uses 24 Sep 2025 16 Mar 2026, Certificate of Approval $2,600
20250714+A Alteration Business Uses 16 Oct 2025 18 Jun 2026, Certificate of Approval $1,100
20250714 Alteration Business Uses 16 Oct 2025 Open in the state file $77,680
20250904+A Alteration Restaurants, Night Clubs, Dance Halls, and similar 22 Dec 2025 Open in the state file $2,000
20250904 Alteration Restaurants, Night Clubs, Dance Halls, and similar 22 Dec 2025 Open in the state file $36,000
20250679+B Alteration Business Uses 22 Jan 2026 16 Mar 2026, Certificate of Approval $6,200
20260226 Alteration Business Uses 7 May 2026 9 Jul 2026, Certificate of Approval $17,000

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 Red Bank Boro construction office.

Flood zone for 212-220 MONMOUTH ST

FEMA’s flood map places the mapped point for 212-220 MONMOUTH ST in zone X.

The state’s 10-foot ground scan puts the lowest cell on this lot at 29.6 feet and the highest at 33.1 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 212-220 MONMOUTH ST

This lot is within the Two Rivers Water Reclaimation Authority STP sewer system. Please verify with the provider.

This lot is within the Red Bank WD water system. Please verify with the provider.

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 $15,751,600 —
2025 $13,995,000 $267,304.50
2024 $13,693,500 $270,583.57
2023 $13,392,400 $268,115.84

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 $13,392,400 93.42% $14,335,688 — —
2024 $13,693,500 95.92% $14,275,959 +2.2% -0.4%
2025 $13,995,000 90.73% $15,424,887 +2.2% +8.0%
2026 $15,751,600 100.00% $15,751,600 +12.6% +2.1%

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 94.06% (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 $13,392,400 1.911 $255,929 $268,115.84 —
2024 $13,693,500 1.889 $258,670 $270,583.57 +1.1%
2025 $13,995,000 1.822 $254,989 $267,304.50 -1.4%
2026 $15,751,600 — — — pending rate

Where your money goes

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

Schools
$175,158 61.0%
County
$34,181 11.9%
Municipal
$77,655 27.1%
District school (0.664)$104,591
Regional / consolidated school (0.448)$70,567
County (0.186)$29,298
County health (0.003)$473
County open space (0.028)$4,410
Municipal purpose (0.459)$72,300
Municipal library (0.034)$5,356

Property details

Class4A — Commercial
Building class—
Building—
Land description1.95 AC
Dwellings1
Commercial units—
Year built—
Acreage1.95
Zoning—
Tax map page—
Additional lots—
Census tract / block—
Special tax codesS05 — Special improvement district 5
MOD-IV current-year tax—
Last sale$1 · 11/16/2015 · sale assessment $454,700 · SR1A 4 — Transfer of convenience, such as a deed to correct the title
Deed book / page09143 / 03805

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.