1512 N BAYVIEW AVE

Seaside, Ocean County · Block 75.1, Lot 39

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Assessment year 2026 · Rate year 2026 · Prior rate 2025

Estimated tax story (homeowner view)
+1.4%

Estimated tax up $83 ($5,769 → $5,852) using 2025→2026 rates (1.735 → 1.760) × assessed net.

Assessment net change: 0.0% ($332,500 → $332,500).

Assessment

Land$200,000
Improvements$132,500
Net (taxable assessed, 2026)$332,500
Town avg ratio used55.89% (Average ratio (Director’s / Chapter 123))
Implied equalized value$594,919
2025 tax (MOD-IV billed)$5,768.88
Est. 2026 tax @ general rate$5,852
Mailing address (2026)9 6TH ST, ENGLEWOOD CLIFFS NJ, 07632

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.

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 $332,500
2025 $332,500 $5,768.88
2024 $332,500 $5,439.70
2023 $332,500 $5,349.93

Mailing changed in 2025 to 9 6TH ST, ENGLEWOOD CLIFFS NJ, 07632.

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 $332,500 77.65% $428,203
2024 $332,500 69.41% $479,038 0.0% +11.9%
2025 $332,500 62.46% $532,341 0.0% +11.1%
2026 $332,500 55.89% $594,919 0.0% +11.8%

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 $332,500 1.609 $5,350 $5,349.93
2024 $332,500 1.636 $5,440 $5,439.70 +1.7%
2025 $332,500 1.735 $5,769 $5,768.88 +6.1%
2026 $332,500 1.760 $5,852 +1.4%

Where your money goes

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

Schools
$1,747 29.9%
County
$1,821 31.1%
Municipal
$2,284 39.0%

Of the estimated change ($83): schools ≈ +29.6%, county ≈ +31.2%, municipal ≈ +39.2%.

District school (0.051)$169
Regional / consolidated school (0.475)$1,578
County (0.456)$1,515
County library (0.046)$152
County health (0.027)$91
County open space (0.019)$64
Municipal purpose (0.687)$2,284

Property details

Class2
Building class16
Building2SF 1496
Land description40X100
Dwellings1
Commercial units
Year built2017
Acreage0.0918
ZoningR
Tax map page14
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$201,000 · 3/19/2015 · sale assessment $296,800 · SR1A 31
Deed book / page16052 / 00088

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). Estimates are not an official tax bill. Owner names are not shown. Full disclaimer.