324 EAST LAKE RD

Pilesgrove, Salem County · Block 40, Lot 7.7

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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)
+2.5%

Estimated tax up $491 ($19,940 → $20,431) using 2024→2025 rates (3.656 → 3.746) × assessed net.

Assessment net change: 0.0% ($545,400 → $545,400).

Assessment

Land$77,900
Improvements$467,500
Net (taxable assessed, 2026)$545,400
Town avg ratio used68.00% (Average ratio (Director’s / Chapter 123))
Implied equalized value$802,059
2025 tax (MOD-IV billed)$20,430.68
Est. 2025 tax @ general rate$20,431
Mailing address (2026)324 EAST LAKE ROAD, PILESGROVE NJ, 08098

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 $545,400
2025 $545,400 $20,430.68
2024 $545,400 $19,939.82
2023 $545,400 $20,228.89

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 $545,400 83.79% $650,913
2024 $545,400 78.42% $695,486 0.0% +6.8%
2025 $545,400 73.33% $743,761 0.0% +6.9%
2026 $545,400 68.00% $802,059 0.0% +7.8%

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 $545,400 3.709 $20,229 $20,228.89
2024 $545,400 3.656 $19,940 $19,939.82 -1.4%
2025 $545,400 3.746 $20,431 $20,430.68 +2.5%
2026 $545,400

Where your money goes

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

Schools
$10,772 52.7%
County
$7,892 38.6%
Municipal
$1,767 8.6%

Of the estimated change ($491): schools ≈ +125.6%, county ≈ -24.4%, municipal ≈ -1.1%.

Regional / consolidated school (1.975)$10,772
County (1.419)$7,739
County open space (0.028)$153
Municipal purpose (0.294)$1,603
Municipal open space (0.030)$164

Property details

Class3A
Building class17
Building2SF
Land description1.39 AC
Dwellings1
Commercial units
Year built2006
Acreage1.39
Zoning
Tax map page16
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$527,500 · 6/15/2021 · sale assessment $545,400
Deed book / page04594 / 00285

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.