110 W FRONT STREET

Red Bank Boro, Monmouth County · Block 7, Lot 17.2

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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)
$647,535

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: +4.2% ($34,098,800 → $35,539,800).

Assessment

Land$4,688,800
Improvements$30,851,000
Net (taxable assessed, 2026)$35,539,800
Town avg ratio used100.00% (Revaluation year (~100% of market))
Implied equalized value$35,539,800
2025 tax (MOD-IV billed)$651,287.08
Est. 2025 tax @ general rate$647,535
Mailing address (2026)975 HOOPER AVENUE, TOMS RIVER; NJ, 08753

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.

Change since the 2017 sale of $42,500,000: implied equalized value $35,539,800 is $6,960,200 below that sale. This is not an appraisal. This is a reassessment year, so the ratio is treated as about 100% and the gap is today’s assessment minus the sale price.

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 110 W FRONT STREET

The New Jersey construction-permit file lists 3 permits for 110 W FRONT STREET in Red Bank Boro. 3 are still open in the state file. Permit 20250645, an alteration, was issued 15 Sep 2025 and is open in the state file. The reported cost is $1,112,000.

Permit Type Use Issued Closed Reported cost
202200224 Alteration Business Uses 20 May 2022 Open in the state file $100,200
202200224+A Alteration Business Uses 25 Jul 2023 Open in the state file $0
20250645 Alteration Business Uses 15 Sep 2025 Open in the state file $1,112,000

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 110 W FRONT STREET

FEMA’s flood map places the mapped point for 110 W FRONT STREET in zone X.

The state’s 10-foot ground scan puts the lowest cell on this lot at 2.1 feet and the highest at 32.8 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 110 W FRONT STREET

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 $35,539,800 —
2025 $34,098,800 $651,287.08
2024 $33,246,700 $656,954.79
2023 $32,422,100 $649,090.44

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 $32,422,100 93.42% $34,705,738 — —
2024 $33,246,700 95.92% $34,660,863 +2.5% -0.1%
2025 $34,098,800 90.73% $37,582,718 +2.6% +8.4%
2026 $35,539,800 100.00% $35,539,800 +4.2% -5.4%

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 $32,422,100 1.911 $619,586 $649,090.44 —
2024 $33,246,700 1.889 $628,030 $656,954.79 +1.4%
2025 $34,098,800 1.822 $621,280 $651,287.08 -1.1%
2026 $35,539,800 — — — pending rate

Where your money goes

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

Schools
$395,203 61.0%
County
$77,121 11.9%
Municipal
$175,211 27.1%
District school (0.664)$235,984
Regional / consolidated school (0.448)$159,218
County (0.186)$66,104
County health (0.003)$1,066
County open space (0.028)$9,951
Municipal purpose (0.459)$163,128
Municipal library (0.034)$12,084

Property details

Class4A — Commercial
Building class—
BuildingOCEANFIRST HQTS
Land description1.56 AC
Dwellings0
Commercial units—
Year built2000
Acreage1.56
Zoning—
Tax map page01
Additional lots17.01
Census tract / block—
Special tax codesS05 — Special improvement district 5
MOD-IV current-year tax—
Last sale$42,500,000 · 10/31/2017 · sale assessment $16,489,700
Deed book / page09258 / 06079

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.