MOUNTAIN VIEW ROAD; 264

Franklin, Warren County · Block 45, Lot 31, Qual Q0358

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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)
-3.6%

Estimated tax down $2 ($55 → $53) using 2024→2025 rates (3.245 → 3.129) × assessed net.

Assessment net change: 0.0% ($1,700 → $1,700).

Assessment

Land$1,700
Improvements$0
Net (taxable assessed, 2026)$1,700
Town avg ratio used66.51% (Average ratio (Director’s / Chapter 123))
Implied equalized value$2,556
2025 tax (MOD-IV billed)$53.19
Est. 2025 tax @ general rate$53
Mailing address (2026)264 MOUNTAIN VIEW AVE, ASBURY; NJ, 08802

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 $1,700
2025 $1,700 $53.19
2024 $1,700 $55.17
2023 $1,700 $53.96

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 $1,700 84.02% $2,023
2024 $1,700 78.41% $2,168 0.0% +7.2%
2025 $1,700 75.02% $2,266 0.0% +4.5%
2026 $1,700 66.51% $2,556 0.0% +12.8%

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 $1,700 3.174 $54 $53.96
2024 $1,700 3.245 $55 $55.17 +2.2%
2025 $1,700 3.129 $53 $53.19 -3.6%
2026 $1,700

Where your money goes

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

Schools
$34 64.6%
County
$13 24.0%
Municipal
$6 11.4%

Of the estimated change ($-2): schools ≈ +82.8%, county ≈ +25.0%, municipal ≈ -7.8%.

District school (1.019)$17
Regional / consolidated school (1.001)$17
County (0.673)$11
County library (0.052)$1
County open space (0.027)$0
Municipal purpose (0.357)$6

Property details

Class3B
Building class
Building
Land description13.15 AC
Dwellings1
Commercial units
Year built
Acreage13.15
ZoningRC
Tax map page9
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$536,501 · 6/6/2022 · sale assessment $1,700 · SR1A 33
Deed book / page03269 / 00290

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.