2001 PENNA AVE
Ship, Ocean County · Block 44, Lot 7.1
Estimated tax up $339 ($5,465 → $5,804) using 2025→2026 rates (1.241 → 1.318) × assessed net.
Assessment net change: 0.0% ($440,400 → $440,400).
Assessment
| Land | $181,300 |
|---|---|
| Improvements | $259,100 |
| Net (taxable assessed, 2026) | $440,400 |
| Town avg ratio used | 53.09% (Average ratio (Director’s / Chapter 123)) |
| Implied equalized value | $829,535 |
| 2025 tax (MOD-IV billed) | $5,465.36 |
| Est. 2026 tax @ general rate | $5,804 |
| Mailing address (2026) | 4 PHARO LN, CLARKSBURG NJ, 08510 |
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 | $440,400 | — |
| 2025 | $440,400 | $5,465.36 |
| 2024 | $440,400 | $5,306.82 |
| 2023 | $440,400 | $5,060.20 |
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 | $440,400 | 70.66% | $623,266 | — | — |
| 2024 | $440,400 | 61.58% | $715,167 | 0.0% | +14.7% |
| 2025 | $440,400 | 56.61% | $777,954 | 0.0% | +8.8% |
| 2026 | $440,400 | 53.09% | $829,535 | 0.0% | +6.6% |
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 | $440,400 | 1.149 | $5,060 | $5,060.20 | — |
| 2024 | $440,400 | 1.205 | $5,307 | $5,306.82 | +4.9% |
| 2025 | $440,400 | 1.241 | $5,465 | $5,465.36 | +3.0% |
| 2026 | $440,400 | 1.318 | $5,804 | — | +6.2% |
Where your money goes
Component $ = net × (component rate ÷ 100). Percents are share of school + county + municipal components for rate year 2026.
Of the estimated change ($339): schools ≈ +20.1%, county ≈ +45.7%, municipal ≈ +34.2%.
| Regional / consolidated school (0.208) | $917 |
|---|---|
| Local school (0.056) | $248 |
| County (0.527) | $2,320 |
| County library (0.053) | $234 |
| County open space (0.022) | $98 |
| Municipal purpose (0.441) | $1,941 |
| Municipal open space (0.011) | $47 |
Property details
| Class | 2 |
|---|---|
| Building class | 18 |
| Building | 1SF1DG 1322 |
| Land description | 25X70 |
| Dwellings | 1 |
| Commercial units | — |
| Year built | 2016 |
| Acreage | 0.0402 |
| Zoning | SC |
| Tax map page | 6 |
| Additional lots | — |
| Census tract / block | — |
| Special tax codes | — |
| MOD-IV current-year tax | — |
| Last sale | $417,000 · 4/27/2009 · sale assessment $281,500 |
| Deed book / page | 14289 / 00613 |
See this lot on the statewide map, then come back for the full tax story.
Show on mapSources: 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.