1514 SUNSET AVE
Surf, Ocean County · Block 81, Lot 21
Estimated tax up $206 ($6,663 → $6,869) using 2025→2026 rates (1.066 → 1.099) × assessed net.
Assessment net change: 0.0% ($625,000 → $625,000).
Assessment
| Land | $456,500 |
|---|---|
| Improvements | $168,500 |
| Net (taxable assessed, 2026) | $625,000 |
| Town avg ratio used | 55.77% (Average ratio (Director’s / Chapter 123)) |
| Implied equalized value | $1,120,674 |
| 2025 tax (MOD-IV billed) | $6,662.50 |
| Est. 2026 tax @ general rate | $6,869 |
| Mailing address (2026) | 27 HARVARD RD, CRANFORD NJ, 07016 |
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 | $625,000 | — |
| 2025 | $625,000 | $6,662.50 |
| 2024 | $625,000 | $6,518.75 |
| 2023 | $625,000 | $6,281.25 |
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 | $625,000 | 75.46% | $828,253 | — | — |
| 2024 | $625,000 | 65.36% | $956,242 | 0.0% | +15.5% |
| 2025 | $625,000 | 61.05% | $1,023,751 | 0.0% | +7.1% |
| 2026 | $625,000 | 55.77% | $1,120,674 | 0.0% | +9.5% |
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 | $625,000 | 1.005 | $6,281 | $6,281.25 | — |
| 2024 | $625,000 | 1.043 | $6,519 | $6,518.75 | +3.8% |
| 2025 | $625,000 | 1.066 | $6,663 | $6,662.50 | +2.2% |
| 2026 | $625,000 | 1.099 | $6,869 | — | +3.1% |
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 ($206): schools ≈ +28.8%, county ≈ +49.1%, municipal ≈ +22.1%.
| Regional / consolidated school (0.265) | $1,656 |
|---|---|
| Local school (0.051) | $316 |
| County (0.473) | $2,958 |
| County library (0.047) | $296 |
| County open space (0.021) | $129 |
| Municipal purpose (0.242) | $1,514 |
Property details
| Class | 2 |
|---|---|
| Building class | 43 |
| Building | 2SF2DG 1686 |
| Land description | 80X75 |
| Dwellings | 3 |
| Commercial units | — |
| Year built | 1962 |
| Acreage | 0.1377 |
| Zoning | RA |
| Tax map page | 11 |
| Additional lots | — |
| Census tract / block | — |
| Special tax codes | — |
| MOD-IV current-year tax | — |
| Last sale | $585,000 · 4/19/2018 · sale assessment $531,400 |
| Deed book / page | 17103 / 00272 |
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.