92 WASHINGTON ST.

Rumson, Monmouth County · Block 34, Lot 19

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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)
$14,890

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: +14.2% ($1,243,400 → $1,419,400).

Assessment

Land$918,200
Improvements$501,200
Net (taxable assessed, 2026)$1,419,400
Town avg ratio used100.00% (Revaluation year (~100% of market))
Implied equalized value$1,419,400
2025 tax (MOD-IV billed)$13,043.27
Est. 2025 tax @ general rate$14,890
Mailing address (2026)92 WASHINGTON STREET, 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 $1,419,400
2025 $1,243,400 $13,043.27
2024 $1,150,800 $12,658.80
2023 $990,000 $11,573.10

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 $990,000 95.42% $1,037,518
2024 $1,150,800 100.00% $1,150,800 +16.2% +10.9%
2025 $1,243,400 98.71% $1,259,649 +8.0% +9.5%
2026 $1,419,400 100.00% $1,419,400 +14.2% +12.7%

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 $990,000 1.169 $11,573 $11,573.10
2024 $1,150,800 1.100 $12,659 $12,658.80 +9.4%
2025 $1,243,400 1.049 $13,043 $13,043.27 +3.0%
2026 $1,419,400 pending rate

Where your money goes

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

Schools
$8,431 56.6%
County
$2,981 20.0%
Municipal
$3,478 23.4%
District school (0.344)$4,883
Regional / consolidated school (0.250)$3,549
County (0.173)$2,456
County library (0.011)$156
County open space (0.026)$369
Municipal purpose (0.245)$3,478

Property details

Class2
Building class19
Building
Land description50X140
Dwellings1
Commercial units
Year built2002
Acreage0.1607
Zoning
Tax map page10
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$967,500 · 8/18/2022 · sale assessment $1,134,400
Deed book / page09614 / 03086

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.