1002 ROUTE 40

Pilesgrove, Salem County · Block 63, Lot 4

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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 $418 ($16,978 → $17,396) using 2024→2025 rates (3.656 → 3.746) × assessed net.

Assessment net change: 0.0% ($464,400 → $464,400).

Assessment

Land$120,000
Improvements$344,400
Net (taxable assessed, 2026)$464,400
Town avg ratio used68.00% (Average ratio (Director’s / Chapter 123))
Implied equalized value$682,941
2025 tax (MOD-IV billed)$17,396.42
Est. 2025 tax @ general rate$17,396
Mailing address (2026)PO BOX 348, WOODSTOWN 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 $464,400
2025 $464,400 $17,396.42
2024 $464,400 $16,978.46
2023 $464,400 $17,224.60

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 $464,400 83.79% $554,243
2024 $464,400 78.42% $592,196 0.0% +6.8%
2025 $464,400 73.33% $633,302 0.0% +6.9%
2026 $464,400 68.00% $682,941 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 $464,400 3.709 $17,225 $17,224.60
2024 $464,400 3.656 $16,978 $16,978.46 -1.4%
2025 $464,400 3.746 $17,396 $17,396.42 +2.5%
2026 $464,400

Where your money goes

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

Schools
$9,172 52.7%
County
$6,720 38.6%
Municipal
$1,505 8.6%

Of the estimated change ($418): schools ≈ +125.6%, county ≈ -24.4%, municipal ≈ -1.1%.

Regional / consolidated school (1.975)$9,172
County (1.419)$6,590
County open space (0.028)$130
Municipal purpose (0.294)$1,365
Municipal open space (0.030)$139

Property details

Class4A
Building class
BuildingBAR-RESTAURANT
Land description160X160
Dwellings
Commercial units
Year built
Acreage0.5877
Zoning
Tax map page22
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale
Deed book / page01122 / 00179

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.