The Monmouth inquirer., 1923-01-18
County Valuations


Gates. which were handed in to the Mon
mouth county tax board. This despite
the fact that;the duplicates fron10 Of tn,
45 taxing districts in the county show
rather substantial decreases In fatabIes
: During the figures Of last year ratables
in FIVE of the districts yet to be hearc
} from. the total increase is $4, GAS. 533
L his would bring the county tax rate
down to $7.J6 per s.. 00O as against
SO 04 last year, areduction in the coun
ty rate of ST. As. Aiding materially ID
this reduction Of rate is a reduction d
S199. 954. 80 In the county tax budget.
Last year the county tax budget was
81, 314, 934. 73, while this year the free
holders succeeded IN reducing it to 81.
! ia, 97990.
\ The districts showing decreases are
Freehold township. S97. 600; Holmdel
township, $4,000; Manalapan town
ship. $118,379: Marlboro township.
$29 500, tho DR.. Ely. the assessor,
said that with the addition of the sec
ond class railroad property, not in
cluded in his figures the ratables
would be approximately the same as
last year; Milestone township, 1880;
4 Upper Freehold township; 500. 600:
.aAllentown boro, 1914. Englishtown
boro, Sc, $50; the assessor, Ira d. Hulse
explaining that some $25. 900 in person
al property had been moved from the
village: Monmouth Beach, SIG, 900.
lAllenhurst's duplicate was not complet-
ed but it was reported that decrease
Of approximately SS1, 600 was looked for.
The assessors from the shore districts
showed substantial increases in their
| duplicates protested when the reading
of the ratables in some of the inland
districts showed decrea e. and A L.
IYins. president and Richard w. Herbert
and James Fury, members of the county
tax board. asked the respective assessors
to explain The ansN er was always
the same, that farm values had de-
creased so persent. that there was
actually no sales on farm land. DIR.
~. ID Ely Of Marlboro cited an instance
4 in which farmer In his district paid
SIG 000 for farm few years ago He
paid. he said, IS, 900 in cash and
assumed an $8,0tU mortgage. Not
enough was realized to pay his debts
/ for fertilizer seed ETC., and he sur
rendered the farm to the III, rtgagee and
went to work as q laborer
FARM VALUES DECREASE
President WINS said that the county
j tax board was convinced that farm
! land values in the inland districts had
decreased. He cited an instance in
which farm in Milestone township,
4 for which the owner had agreed to pay
! $34, 900 was sold at sheriH's sale for
/ $4,000, the MORTGAGE buying 1t ia and
i offering to sell itiInmediately for $l4 ,000,
the value at which it was assessed, but
he found no takers The same applied,
he said to some Of the shore districts.
notably at Monmouth Beach where
large houses costing 100, 000 0 or 500, 900
cannot be sold for $4,000. The
opposite, he said, is true of the smaller
residence property, houses costing
81, 500 to build a few years ago now
being worth So, 600
William T. Walling, assessor in
farm lands in Holmdel township
should be assessed as high as
! farmlands in his district, where the
| fertility Of the soil was not so rich.
President Twins reminded Mr.. Walling
1 that his lands had an added value by
! reason of being located on the bay
shore and an assessor further suggested
/ that one of the principal crops in
Raritan is grapes, to which Mr.. Wall
ing replied that Holmdel buys Raritan's
grape Grapes. some Of the assessors
suggested. is the crop for some OF the
other districts to grow as greater profit
could be secured
/ On the face of the ratables as listed in
Ocean township there is decrease Of
/ 1864. 712, the ratables last year being
/ "a. 500, GAG as against 81. l04, 934, but it,
was explained that Interlaken was set
apart as a. boro during the past year and
Interlaken's ratables are 1926, 617, an
increase in the combined district of
$3.50, 605. the increase In the section. set
apart as Interlaken boro being 1920 900
over last ye ar'sas . sment the township
making an increase IN the remaining
territory of $40, 60u,
The net valuation on which county.
stat and state school taxes are APP
porioned, as given in the assessors
| duplicates, the first figures being this
year s assessment and thessecondfigures
| last years are:
Atlantic township. $1.495, 100;
II ,4S2, 1877; Eatontown township, 1882,
03s. 100
S977. 484; Freehold township, 81, 670T61,
81, 76s. $50; H olnid township, 81. 17S, 69S
s., 265, 500; Howell township. 81, 731 1886,
B.. 725, GIL; Manalapan township, ST.
! S14. 729, g., 433, 104; Marlboro township
81. gro. GAS, So 600, 100; Matawan
township, s953, s6s. $913, S44; Middle
town township, So, 620 1T, 81, 445, 1873;
Milestone township, 81, 3ls, 1872, 81, 331,
s96; Ocean township. 81 104, s34. s., 669.
GAG; Raritan township, 81 331, 308.
81. 1T8 6S5; Shrewsbury township.
81, 6S4, 667, 81. 654014; Upper Freehold
township, 81, 1874, 296, s.. 4s3, 621; Wall
township, 2,223. 600. s., 055, All; Asbury
Park, 81. $50, 602, SIC, $50, 057; Allentown
500, $40, S641. Ala; Allenhufst, Sc, 367, $50,
S.. 49,. 76S;s Avon So. 226 413, $2.o92. 049;
Deal &C, 991, 1851, 81, 96S. 066; Englishtown
1859, 4S9, 1896, 1876. Farmmgdale, 1922.
$50. 1918, PAS; Fair Haven. 81. 524, go.
81. ass. O75; Freehold. So. 1875, 744; 81 S65,
723; Highlands 81 GIT 1871, ST. 533. $40,
Keyport. s.. 964, 943 So, SS1, 416;
Keansbnrg. So SOL, 467; Long Branch,
ST. 1898 725, SIT, 1899, 722; Manasquan,
81, sos. GA, 81, 624, 622: Matawan, 1889.
445. 81, $50, 554; Monmouth Beach. 81.
5n4. 379, 81. 5207S0; Neptune City
$679, $40, 1924, 405; Oceanport, $917. 235,
$S49, 6S5: Rnmson. $6. 1876 COS, Sc, 400, 450 4
/