208 CAMPBELL COURT

Shrewsbury, Monmouth County · Block 70.2, Lot 6.25

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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)
$18,671

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: +12.4% ($1,000,000 → $1,124,100).

Assessment

Land$365,100
Improvements$759,000
Net (taxable assessed, 2026)$1,124,100
Town avg ratio used100.00% (Revaluation year (~100% of market))
Implied equalized value$1,124,100
2025 tax (MOD-IV billed)$16,610.00
Est. 2025 tax @ general rate$18,671
Mailing address (2026)208 CAMPBELL CT, 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 $1,124,100
2025 $1,000,000 $16,610.00
2024 $860,200 $15,758.86
2023 $879,200 $16,564.13

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 $879,200 92.04% $955,237
2024 $860,200 99.06% $868,363 -2.2% -9.1%
2025 $1,000,000 95.94% $1,042,318 +16.3% +20.0%
2026 $1,124,100 100.00% $1,124,100 +12.4% +7.8%

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 $879,200 1.884 $16,564 $16,564.13
2024 $860,200 1.832 $15,759 $15,758.86 -4.9%
2025 $1,000,000 1.661 $16,610 $16,610.00 +5.4%
2026 $1,124,100 pending rate

Where your money goes

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

Schools
$10,848 58.1%
County
$2,349 12.6%
Municipal
$5,474 29.3%
District school (0.622)$6,992
Regional / consolidated school (0.343)$3,856
County (0.169)$1,900
County library (0.011)$124
County health (0.003)$34
County open space (0.026)$292
Municipal purpose (0.477)$5,362
Municipal open space (0.010)$112

Property details

Class2
Building class19
BuildingSTOCKTON CLASS
Land description60X110
Dwellings1
Commercial units
Year built2014
Acreage0.1515
ZoningLR88
Tax map page16
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$674,290 · 10/25/2013 · sale assessment $150,000 · SR1A 7
Deed book / page09043 / 05857

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.