82 BEECHWOOD DR.

Shrewsbury, Monmouth County · Block 50, Lot 8

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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)
$20,331

Estimated annual tax: current net × 1.661 (rate year 2025). Year-over-year % is hidden until the 2026 general rate is available for this reval/reassess town.

Assessment net change: -5.9% ($1,300,500 → $1,224,000).

Assessment

Land$476,800
Improvements$747,200
Net (taxable assessed, 2026)$1,224,000
Town avg ratio used100.00% (Revaluation year (~100% of market))
Implied equalized value$1,224,000
2025 tax (MOD-IV billed)$21,601.31
Est. 2025 tax @ general rate$20,331
Mailing address (2026)82 BEECHWOOD DR., SHREWSBURY; NJ, 07702

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 92.46% (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 $1,224,000
2025 $1,300,500 $21,601.31
2024 $1,042,300 $19,094.94
2023 $1,021,600 $19,246.94

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 $1,021,600 92.04% $1,109,952
2024 $1,042,300 99.06% $1,052,191 +2.0% -5.2%
2025 $1,300,500 95.94% $1,355,535 +24.8% +28.8%
2026 $1,224,000 100.00% $1,224,000 -5.9% -9.7%

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 92.46% (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 $1,021,600 1.884 $19,247 $19,246.94
2024 $1,042,300 1.832 $19,095 $19,094.94 -0.8%
2025 $1,300,500 1.661 $21,601 $21,601.31 +13.1%
2026 $1,224,000 pending rate

Where your money goes

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

Schools
$11,812 58.1%
County
$2,558 12.6%
Municipal
$5,961 29.3%
District school (0.622)$7,613
Regional / consolidated school (0.343)$4,198
County (0.169)$2,069
County library (0.011)$135
County health (0.003)$37
County open space (0.026)$318
Municipal purpose (0.477)$5,838
Municipal open space (0.010)$122

Property details

Class2
Building class19
Building
Land description83 X 135
Dwellings1
Commercial units
Year built1951
Acreage0.2572
Zoning
Tax map page11
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$800,000 · 4/27/2012 · sale assessment $529,600
Deed book / page08946 / 04364

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.