79 BUENA VISTA AVE.

Rumson, Monmouth County · Block 115, Lot 27

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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)
$26,507

Estimated annual tax: current net × 1.049 (rate year 2025). Year-over-year % is hidden until the 2026 general rate is available for this reval/reassess town.

Assessment net change: +10.2% ($2,292,600 → $2,526,900).

Assessment

Land$1,798,700
Improvements$728,200
Net (taxable assessed, 2026)$2,526,900
Town avg ratio used100.00% (Revaluation year (~100% of market))
Implied equalized value$2,526,900
2025 tax (MOD-IV billed)$24,049.37
Est. 2025 tax @ general rate$26,507
Mailing address (2026)79 BUENA VISTA AVENUE, RUMSON; NJ, 07760

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 96.70% (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 $2,526,900
2025 $2,292,600 $24,049.37
2024 $2,156,400 $23,720.40
2023 $2,035,500 $23,795.00

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 $2,035,500 95.42% $2,133,201
2024 $2,156,400 100.00% $2,156,400 +5.9% +1.1%
2025 $2,292,600 98.71% $2,322,561 +6.3% +7.7%
2026 $2,526,900 100.00% $2,526,900 +10.2% +8.8%

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 96.70% (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 $2,035,500 1.169 $23,795 $23,795.00
2024 $2,156,400 1.100 $23,720 $23,720.40 -0.3%
2025 $2,292,600 1.049 $24,049 $24,049.37 +1.4%
2026 $2,526,900 pending rate

Where your money goes

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

Schools
$15,010 56.6%
County
$5,306 20.0%
Municipal
$6,191 23.4%
District school (0.344)$8,693
Regional / consolidated school (0.250)$6,317
County (0.173)$4,372
County library (0.011)$278
County open space (0.026)$657
Municipal purpose (0.245)$6,191

Property details

Class2
Building class19
Building2SF
Land description1.84 ACRES
Dwellings1
Commercial units
Year built1957
Acreage1.84
Zoning
Tax map page39
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$1,575,000 · 6/30/2020 · sale assessment $1,495,000
Deed book / page09425 / 03617

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.