990 & 1000 SHREWSBURY AVE

Tinton Falls Boro, Monmouth County · Block 25, Lot 16

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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)
$228,482

Estimated annual tax: current net × 1.386 (rate year 2025). Year-over-year % is hidden until the 2026 general rate is available for this reval/reassess town.

Assessment net change: +23.3% ($13,374,100 → $16,485,000).

Assessment

Land$6,033,200
Improvements$10,451,800
Net (taxable assessed, 2026)$16,485,000
Town avg ratio used100.00% (Revaluation year (~100% of market))
Implied equalized value$16,485,000
2025 tax (MOD-IV billed)$185,657.50
Est. 2025 tax @ general rate$228,482
Mailing address (2026)99 SEAVIEW BLVD SUITE 100, PORT WASHINGTON; NY, 11050

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.

The stored sale is not used for a change-since-sale figure. SR1A 29 — Assessment set by a court, a consent judgment, or the Freeze Act marks it non-usable, or the price is a nominal amount.

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 99.46% (often still reflecting the prior assessment base).

Building permits for 990 & 1000 SHREWSBURY AVE

The New Jersey construction-permit file lists 17 permits for 990 & 1000 SHREWSBURY AVE in Tinton Falls Boro. 8 are still open in the state file. Permit 20241001, a new building, was issued 15 Nov 2024 and closed 2 Mar 2026 with a Temporary Certificate of Occupancy. The reported cost is $3,724,373. The reported size is 19,029 square feet.

Permit Type Use Issued Closed Reported cost
20160186 Alteration Mercantile buildings 8 Mar 2016 13 Dec 2016, Certificate of Approval $37,916
20220117 Demolition Mercantile buildings 9 Feb 2022 14 Apr 2023, Certificate of Approval $475,000
20220547 Alteration Business Uses 29 Jun 2022 14 Apr 2023, Temporary Certificate of Occupancy $4,700,000
20220547+A Alteration Business Uses 14 Jul 2022 Open in the state file $0
20220547+B Alteration Mercantile buildings 11 Oct 2022 Open in the state file $165,000
20220547+F Alteration Business Uses 8 Feb 2023 Open in the state file $8,500
20230179 Alteration Business Uses 7 Mar 2023 14 Jul 2023, Certificate of Approval $21,750
20230206 Demolition Restaurants, Night Clubs, Dance Halls, and similar 17 Mar 2023 13 Apr 2023, Certificate of Approval $112,400
20241001 New Business Uses 15 Nov 2024 2 Mar 2026, Temporary Certificate of Occupancy $3,724,373
20241001+A Alteration Business Uses 12 Dec 2024 Open in the state file $21,000
20250031 Alteration Business Uses 9 Jan 2025 21 Mar 2025, Certificate of Approval $155,000
20241001+C Alteration Business Uses 10 Jan 2025 Open in the state file $4,200
20250556 Alteration Mercantile buildings 16 Jul 2025 2 Mar 2026, Temporary Certificate of Occupancy $70,600
20250556+A Alteration Mercantile buildings 16 Jul 2025 Open in the state file $0
20250723 Alteration Business Uses 3 Sep 2025 Open in the state file $51,800
20250857 Alteration Business Uses 9 Oct 2025 14 Nov 2025, Certificate of Approval $34,500
20250556+B Alteration Mercantile buildings 13 Nov 2025 Open in the state file $38,450

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 Tinton Falls Boro construction office.

Flood zone for 990 & 1000 SHREWSBURY AVE

FEMA’s flood map places the mapped point for 990 & 1000 SHREWSBURY AVE in zone X.

The state’s 10-foot ground scan puts the lowest cell on this lot at 10.5 feet and the highest at 22.3 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 990 & 1000 SHREWSBURY AVE

This lot is within the Two Rivers Water Reclaimation Authority STP sewer system. Please verify with the provider.

This lot is within the NJ American Water - Coastal North 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 $16,485,000 —
2025 $13,374,100 $185,657.50
2024 $10,695,700 $195,112.26
2023 $10,307,400 $158,527.81

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 $10,307,400 92.99% $11,084,418 — —
2024 $10,695,700 100.00% $10,695,700 +3.8% -3.5%
2025 $13,374,100 97.76% $13,680,544 +25.0% +27.9%
2026 $16,485,000 100.00% $16,485,000 +23.3% +20.5%

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 99.46% (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 $10,307,400 1.480 $152,550 $158,527.81 —
2024 $10,695,700 1.396 $149,312 $195,112.26 -2.1%
2025 $13,374,100 1.386 $185,365 $185,657.50 +24.1%
2026 $16,485,000 — — — pending rate

Where your money goes

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

Schools
$135,836 59.5%
County
$35,443 15.5%
Municipal
$57,203 25.0%
District school (0.544)$89,678
Regional / consolidated school (0.280)$46,158
County (0.177)$29,178
County library (0.011)$1,813
County open space (0.027)$4,451
Municipal purpose (0.324)$53,411
Municipal open space (0.023)$3,792

Property details

Class4A — Commercial
Building class—
Building—
Land description13.37 ACRES
Dwellings0
Commercial units—
Year built1998
Acreage13.37
ZoningHCC — town zoning code
Tax map page18
Additional lots17
Census tract / block—
Special tax codesF02 — Fire district 2
MOD-IV current-year tax—
Last sale$11,875,000 · 11/23/2021 · sale assessment $5,000,000 · SR1A 29 — Assessment set by a court, a consent judgment, or the Freeze Act
Deed book / page09562 / 09834

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.