What is the assessed value of 54 Old Farm Rd, Ocean Twp, NJ?

The total municipal assessment is $3,153,400 (land plus improvements).

What is 54 Old Farm Rd, Ocean Twp, NJ worth?

Our model estimates a market value of $1,966,720, derived from comparable recorded sales nearby.

How many units does 54 Old Farm Rd, Ocean Twp, NJ have?

Records show 2 dwelling units at 54 Old Farm Rd, Ocean Twp, NJ.

What kind of property is 54 Old Farm Rd, Ocean Twp, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1984.

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54 Old Farm Rd, Ocean Twp, NJ — owner, sales, deeds · parceldata

54 Old Farm Rd

Ocean Twp, NJ·Monmouth County

1337·block 8.01·lot 14

$1,966,720estimated value

Units

from MOD-IV (2-char max)

Last sale

12/19/2025 · taxrecords_nj

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1984

Building size

3,842 sq ft

Lot size

0.69 ac

Land description

150X200

Building description

2S-F-L-AG-1U

Dwelling / commercial units

2 dw / 0 comm

Tax & Assessment

Net assessed value

$3,153,400

Land value

$2,212,500

Improvement value

$940,900

Last year's tax

$41,547

Last MOD-IV sale

$1,825,000

MOD-IV deed date

12/13/2019

Owner mailing address

8 INDUSTRIAL WAY WEST
EATONTOWN, NJ 07724

Estimated market value

$1,966,720

range $1,690,859 – $2,459,201

moderate confidence

Assessment-implied: $3,345,782; Director's Ratio 0.9425 (2025)
Comp-implied: $1,103,422; 30 comparable sales

Estimated value, last 11 years

2016: $983,360 → 2026: $1,966,720

dots are actual sale prices for this property

Bordering

200-ft notice list →

52 Old Farm Rd
Lot 13·$3,233,100
56 Old Farm Rd
Lot 15·$3,273,700
5 Tulip CT
Lot 20·$4,022,100
7 Tulip CT
Lot 21·$4,872,600

Block 8.01All of Block 8.01 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 0,
  "portfolioKeys": {
    "fullKeys": [
      "8 INDUSTRIAL WAY W EATONTOWN NJ 07724"
    ],
    "zipKeys": [
      "8 INDUSTRIAL WAY W 07724"
    ]
  },
  "effective_unit_count": 2,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1337_8.01_14",
  "county_code": "13",
  "district_code": "37",
  "block": "8.01",
  "lot": "14",
  "qualifier": "",
  "property_location": "54 OLD FARM RD",
  "property_class": "2",
  "bldg_class": "19",
  "bldg_desc": "2S-F-L-AG-1U",
  "land_desc": "150X200",
  "year_built": 1984,
  "living_sqft": 3842,
  "dwelling_units": 2,
  "comm_dwell": null,
  "land_value_cents": "221250000",
  "improvement_value_cents": "94090000",
  "net_value_cents": "315340000",
  "last_yr_tx_cents": "4154651",
  "deed_date": "2019-12-13",
  "deed_book": "9387",
  "deed_page": "6455",
  "sale_price_cents": "182500000",
  "sales_code": null,
  "owner_mailing_street": "8 INDUSTRIAL WAY WEST",
  "owner_mailing_city_state_zip": "EATONTOWN, NJ  07724",
  "mun_name": "OCEAN TWP",
  "calc_acre": "0.688700",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.01166492078839,
  "centroid_lat": 40.27215443465826
}

SR1A

[
  {
    "id": "a7b41e70-e50c-45b5-8531-c89af05fe5bb",
    "property_id": "9b265966-e42e-4a0b-93b2-18fe86952955",
    "county_code": "13",
    "district_code": "37",
    "block": "8.01",
    "lot": "14",
    "qualifier": "",
    "deed_book": "9771",
    "deed_page": "5669",
    "deed_date": "2025-12-17",
    "date_recorded": "2025-12-19",
    "sale_price_cents": "0",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "447bfd3f-b25f-42cf-8428-f4a366920ffd",
    "property_id": "9b265966-e42e-4a0b-93b2-18fe86952955",
    "county_code": "13",
    "district_code": "37",
    "block": "8.01",
    "lot": "14",
    "qualifier": "",
    "deed_book": "9387",
    "deed_page": "6455",
    "deed_date": "2019-12-13",
    "date_recorded": "2019-12-27",
    "sale_price_cents": "182500000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "03d008d7-f546-4035-9a4d-2f4fcb20e36d",
    "property_id": "9b265966-e42e-4a0b-93b2-18fe86952955",
    "county_code": "13",
    "district_code": "37",
    "block": "8.01",
    "lot": "14",
    "qualifier": "",
    "deed_book": "9387",
    "deed_page": "6455",
    "deed_date": "2019-12-13",
    "date_recorded": "2019-12-13",
    "sale_price_cents": "182500000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "f648d725-1ecb-4cce-97f5-781bb961a9dd",
    "property_id": "9b265966-e42e-4a0b-93b2-18fe86952955",
    "county_code": "13",
    "district_code": "37",
    "block": "8.01",
    "lot": "14",
    "qualifier": "",
    "deed_book": "8465",
    "deed_page": "5342",
    "deed_date": "2005-04-14",
    "date_recorded": "2005-05-30",
    "sale_price_cents": "125000000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "8bb86a18-47ea-4618-ac37-3b2e8f10069d",
    "property_id": "9b265966-e42e-4a0b-93b2-18fe86952955",
    "county_code": "13",
    "district_code": "37",
    "block": "8.01",
    "lot": "14",
    "qualifier": "",
    "deed_book": "8465",
    "deed_page": "5342",
    "deed_date": "2005-04-14",
    "date_recorded": "2005-04-14",
    "sale_price_cents": "125000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "f9d1ead5-6983-44d6-ae62-9f804abb7735",
    "property_id": "9b265966-e42e-4a0b-93b2-18fe86952955",
    "county_code": "13",
    "district_code": "37",
    "block": "8.01",
    "lot": "14",
    "qualifier": "",
    "deed_book": "8027",
    "deed_page": "1357",
    "deed_date": "2001-06-05",
    "date_recorded": "2001-06-07",
    "sale_price_cents": "55250000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "33bfa3e6-3e6f-42fa-9123-b10584ddb014",
    "property_id": "9b265966-e42e-4a0b-93b2-18fe86952955",
    "county_code": "13",
    "district_code": "37",
    "block": "8.01",
    "lot": "14",
    "qualifier": "",
    "deed_book": "8027",
    "deed_page": "1357",
    "deed_date": "2001-06-05",
    "date_recorded": "2001-06-05",
    "sale_price_cents": "55250000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "d1ed9755-e635-4cae-92e3-04f29ed52a90",
    "property_id": "9b265966-e42e-4a0b-93b2-18fe86952955",
    "county_code": "13",
    "district_code": "37",
    "block": "8.01",
    "lot": "14",
    "qualifier": "",
    "deed_book": "5369",
    "deed_page": "483",
    "deed_date": "1994-11-30",
    "date_recorded": "1994-11-30",
    "sale_price_cents": "50000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

What is the assessed value of 54 Old Farm Rd, Ocean Twp, NJ?: The total municipal assessment is $3,153,400 (land plus improvements).
What is 54 Old Farm Rd, Ocean Twp, NJ worth?: Our model estimates a market value of $1,966,720, derived from comparable recorded sales nearby.
How many units does 54 Old Farm Rd, Ocean Twp, NJ have?: Records show 2 dwelling units at 54 Old Farm Rd, Ocean Twp, NJ.
What kind of property is 54 Old Farm Rd, Ocean Twp, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1984.

Based on 30 comparable sales

Address	Sold	Price
1218 West Park Ave	4/14/2026	$1,400,000
401 Deal Rd	3/12/2026	$865,000
19 North Woods Rd	3/3/2026	$880,750
10 Oak Tree Ln	3/2/2026	$855,000
24 Oxford Dr	2/5/2026	$1,300,000
17 Oxford Dr	1/20/2026	$1,849,999
31 Oxford Dr	1/12/2026	$935,000
20 Buckingham Dr	1/7/2026	$1,600,000
5 Tilton Dr	12/19/2025	$645,000
1142 Deal Rd	12/16/2025	$855,000
17 Wenning CT	11/6/2025	$1,675,000
16 Meadows Ln	10/31/2025	$980,000
17 Wenning CT	10/22/2025	$950,000
15 Buckingham Dr	9/12/2025	$1,220,000
17 Wenning CT	9/3/2025	$995,000
6 Oak Tree Ln	8/26/2025	$900,000
7 Pilgrim Hollow Rd	8/25/2025	$801,000
1298 Wickapecko Dr	8/8/2025	$455,000
496 W Park Ave	8/4/2025	$875,000
12 Alvord St	7/22/2025	$1,160,000
7 Roller Rd East	7/10/2025	$1,100,000
1298 Wickapecko Dr	7/8/2025	$887,500
5 Louise Weltz Ln	7/3/2025	$1,325,000
1152 Deal Rd M32	6/30/2025	$900,000
9 Mahoras Dr	6/30/2025	$900,000
608 Laurel Ave	6/26/2025	$1,175,000
17 Wenning CT	6/13/2025	$956,000
270 Jerome Ave	6/12/2025	$2,450,000
496 W Park Ave	6/2/2025	$1,166,000
30 High Ridge Rd	5/19/2025	$999,000

Sales history

12/19/2025$0
taxrecords_njBk 9771 / Pg 5669
12/27/2019$1,825,000
taxrecords_njBk 9387 / Pg 6455
12/13/2019$1,825,000
MOD-IV (Rutgers)Bk 9387 / Pg 6455
5/30/2005$1,250,000
taxrecords_njBk 8465 / Pg 5342
4/14/2005$1,250,000
MOD-IV (Rutgers)Bk 8465 / Pg 5342
6/7/2001$552,500
taxrecords_njBk 8027 / Pg 1357
6/5/2001$552,500
MOD-IV (Rutgers)Bk 8027 / Pg 1357
11/30/1994$500,000
MOD-IV (Rutgers)Bk 5369 / Pg 483

Date	Price	Book / Page	Source
12/19/2025	$0	9771 / 5669	taxrecords_nj
12/27/2019	$1,825,000	9387 / 6455	taxrecords_nj
12/13/2019	$1,825,000	9387 / 6455	MOD-IV (Rutgers)
5/30/2005	$1,250,000	8465 / 5342	taxrecords_nj
4/14/2005	$1,250,000	8465 / 5342	MOD-IV (Rutgers)
6/7/2001	$552,500	8027 / 1357	taxrecords_nj
6/5/2001	$552,500	8027 / 1357	MOD-IV (Rutgers)
11/30/1994	$500,000	5369 / 483	MOD-IV (Rutgers)