1515 HULSE RD

Point Pleasant Boro, Ocean County · Block 256, Lot 15

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Assessment year 2026 · Rate year 2026 · Prior rate 2025

Estimated tax story (homeowner view)
+7.2%

Estimated tax up $10,143 ($141,297 → $151,440) using 2025→2026 rates (2.424 → 2.598) × assessed net.

Assessment net change: 0.0% ($5,829,100 → $5,829,100).

Assessment

Land$1,180,300
Improvements$4,648,800
Net (taxable assessed, 2026)$5,829,100
Town avg ratio used53.53% (Average ratio (Director’s / Chapter 123))
Implied equalized value$10,889,408
2025 tax (MOD-IV billed)$141,297.38
Est. 2026 tax @ general rate$151,440
Mailing address (2026)1608 ROUTE 88; STE 301, BRICK NJ, 08724

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.

Change since the 2019 sale of $6,312,500: implied equalized value $10,889,408 is $4,576,908 above that sale. This is not an appraisal.

Building permits for 1515 HULSE RD

The New Jersey construction-permit file lists 9 permits for 1515 HULSE RD in Point Pleasant Boro. 1 is still open in the state file. Permit 20250767, an alteration, was issued 17 Sep 2025 and is open in the state file. The reported cost is $69,000.

Permit Type Use Issued Closed Reported cost
20200402 Addition Medical, nursing care, for 6+ occupants 15 Jul 2020 22 Dec 2021, Temporary Certificate of Occupancy $210,000
20210222 Alteration Medical, nursing care, for 6+ occupants 15 Apr 2021 7 Dec 2021, Certificate of Approval $141,195
20200402+F Alteration Medical, nursing care, for 6+ occupants 10 Jun 2021 1 Dec 2023, Certificate of Approval $17,000
20200402+G Alteration Medical, nursing care, for 6+ occupants 10 Jun 2021 1 Dec 2023, Certificate of Approval $22,800
20200402+H Alteration Medical, nursing care, for 6+ occupants 16 Aug 2021 1 Dec 2023, Certificate of Approval $1,000
20200402+E Alteration Medical, nursing care, for 6+ occupants 18 Aug 2021 1 Dec 2023, Certificate of Approval $1,400
20200402+I Alteration Medical, nursing care, for 6+ occupants 12 Nov 2021 1 Dec 2023, Certificate of Approval $0
20250659 Alteration Medical, nursing care, for 6+ occupants 13 Aug 2025 5 Nov 2025, Certificate of Approval $82,000
20250767 Alteration Medical, nursing care, for 6+ occupants 17 Sep 2025 Open in the state file $69,000

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 Point Pleasant Boro construction office.

Flood zone for 1515 HULSE RD

FEMA’s flood map places the mapped point for 1515 HULSE RD in zone X.

The state’s 10-foot ground scan puts the lowest cell on this lot at 8.9 feet and the highest at 15.5 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 1515 HULSE RD

This lot is within the OCUA Northern sewer system. Please verify with the provider.

This lot is within the Point Pleasent WD 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 $5,829,100 —
2025 $5,829,100 $141,297.38
2024 $5,829,100 $133,311.52
2023 $5,829,100 $127,424.13

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 $5,829,100 73.53% $7,927,513 — —
2024 $5,829,100 65.74% $8,866,900 0.0% +11.8%
2025 $5,829,100 59.35% $9,821,567 0.0% +10.8%
2026 $5,829,100 53.53% $10,889,408 0.0% +10.9%

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 $5,829,100 2.186 $127,424 $127,424.13 —
2024 $5,829,100 2.287 $133,312 $133,311.52 +4.6%
2025 $5,829,100 2.424 $141,297 $141,297.38 +6.0%
2026 $5,829,100 2.598 $151,440 — +7.2%

Where your money goes

Component $ = net × (component rate ÷ 100). Percents are share of school + county + municipal components for rate year 2026.

Schools
$83,968 55.4%
County
$35,546 23.5%
Municipal
$31,926 21.1%

Of the estimated increase of $10,143, the school portion moved $5,625 up, the county portion $2,378 up, and the municipal portion $2,139 up. Those are pieces of the dollar change. They are not a change in each share of the rate.

District school (1.441)$83,968
County (0.507)$29,554
County library (0.051)$2,996
County health (0.030)$1,749
County open space (0.021)$1,247
Municipal purpose (0.546)$31,804
Municipal open space (0.002)$122

Property details

Class4A — Commercial
Building class10 — not listed in the state appraisal manual
Building1SB
Land description2.29 AC
Dwellings1
Commercial units—
Year built1970
Acreage2.29
ZoningRM — town zoning code
Tax map page14
Additional lots—
Census tract / block—
Special tax codes—
MOD-IV current-year tax—
Last sale$6,312,500 · 3/13/2019 · sale assessment $5,423,400
Deed book / page17416 / 01358

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 2026 (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.