3 ISABELLE STREET

Oldmans, Salem County · Block 29.4, Lot 10

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Assessment year 2026 · Rate year 2025 · Prior rate 2024

Assessments are tax year 2026; latest published general rate we have is 2025. Estimate uses that rate until the 2026 rate is loaded.

Estimated tax story (homeowner view)
+0.3%

Estimated tax up $22 ($8,480 → $8,502) using 2024→2025 rates (2.692 → 2.699) × assessed net.

Assessment net change: 0.0% ($315,000 → $315,000).

Assessment

Land$50,000
Improvements$265,000
Net (taxable assessed, 2026)$315,000
Town avg ratio used80.69% (Average ratio (Director’s / Chapter 123))
Implied equalized value$390,383
2025 tax (MOD-IV billed)
Est. 2025 tax @ general rate$8,502
Mailing address (2026)3 ISABELLE STREET, PEDRICKTOWN NJ, 08067

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 $315,000
2025 $315,000
2024 $315,000
2023 $315,000

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 $315,000 95.90% $328,467
2024 $315,000 88.06% $357,711 0.0% +8.9%
2025 $315,000 84.75% $371,681 0.0% +3.9%
2026 $315,000 80.69% $390,383 0.0% +5.0%

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 $315,000 2.622 $8,259
2024 $315,000 2.692 $8,480 +2.7%
2025 $315,000 2.699 $8,502 +0.3%
2026 $315,000

Where your money goes

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

Schools
$3,852 45.3%
County
$4,032 47.4%
Municipal
$617 7.3%

Of the estimated change ($22): schools ≈ +657.1%, county ≈ -700.0%, municipal ≈ +142.9%.

District school (1.223)$3,852
County (1.255)$3,953
County open space (0.025)$79
Municipal purpose (0.176)$554
Municipal open space (0.020)$63

Property details

Class15F
Building class17
Building
Land description.5 AC
Dwellings1
Commercial units
Year built2011
Acreage0.5
Zoning
Tax map page8.03
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$410,000 · 3/24/2021 · sale assessment $315,000
Deed book / page04584 / 01200

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