867 ROUTE 40
Pilesgrove, Salem County · Block 62, Lot 1
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 up $315 ($12,796 → $13,111) using 2024→2025 rates (3.656 → 3.746) × assessed net.
Assessment net change: 0.0% ($350,000 → $350,000).
Assessment
| Land | $126,600 |
|---|---|
| Improvements | $223,400 |
| Net (taxable assessed, 2026) | $350,000 |
| Town avg ratio used | 68.00% (Average ratio (Director’s / Chapter 123)) |
| Implied equalized value | $514,706 |
| 2025 tax (MOD-IV billed) | $12,861.00 |
| Est. 2025 tax @ general rate | $13,111 |
| Mailing address (2026) | 867 ROUTE 40, 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 | $350,000 | — |
| 2025 | $350,000 | $12,861.00 |
| 2024 | $350,000 | $12,546.00 |
| 2023 | $350,000 | $12,731.50 |
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 | $350,000 | 83.79% | $417,711 | — | — |
| 2024 | $350,000 | 78.42% | $446,315 | 0.0% | +6.8% |
| 2025 | $350,000 | 73.33% | $477,294 | 0.0% | +6.9% |
| 2026 | $350,000 | 68.00% | $514,706 | 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 | $350,000 | 3.709 | $12,982 | $12,731.50 | — |
| 2024 | $350,000 | 3.656 | $12,796 | $12,546.00 | -1.4% |
| 2025 | $350,000 | 3.746 | $13,111 | $12,861.00 | +2.5% |
| 2026 | $350,000 | — | — | — | — |
Where your money goes
Component $ = net × (component rate ÷ 100). Percents are share of school + county + municipal components for rate year 2025.
Of the estimated change ($315): schools ≈ +125.6%, county ≈ -24.4%, municipal ≈ -1.1%.
| Regional / consolidated school (1.975) | $6,913 |
|---|---|
| County (1.419) | $4,967 |
| County open space (0.028) | $98 |
| Municipal purpose (0.294) | $1,029 |
| Municipal open space (0.030) | $105 |
Property details
| Class | 2 |
|---|---|
| Building class | 17 |
| Building | 2SF |
| Land description | 5.22AC |
| Dwellings | 1 |
| Commercial units | — |
| Year built | 1920 |
| Acreage | 5.22 |
| Zoning | — |
| Tax map page | 22 |
| Additional lots | — |
| Census tract / block | — |
| Special tax codes | — |
| MOD-IV current-year tax | — |
| Last sale | $450,000 · 11/7/2025 · sale assessment $350,000 |
| Deed book / page | 04746 / 00920 |
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 2025 (Abstract of Ratables). Estimates are not an official tax bill. Owner names are not shown. Full disclaimer.