151 MAGNOLIA
Dumont, Bergen County · Block 1307, Lot 4
2026 revaluation/reassessment town — 2026 general tax rate not in our warehouse yet. Showing 2025 rate against 2026 assessments; YoY % is withheld until the matching rate posts.
Estimated annual tax: current net × 2.340 (rate year 2025). Year-over-year % is hidden until the 2026 general rate is available for this reval/reassess town.
Assessment net change: +7.2% ($598,800 → $641,900).
Assessment
| Land | $349,700 |
|---|---|
| Improvements | $292,200 |
| Net (taxable assessed, 2026) | $641,900 |
| Town avg ratio used | 100.00% (Revaluation year (~100% of market)) |
| Implied equalized value | $641,900 |
| 2025 tax (MOD-IV billed) | $14,011.92 |
| Est. 2025 tax @ general rate | $15,020 |
| Mailing address (2026) | 151 MAGNOLIA AVE, DUMONT; NJ, 07628 |
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.
This town revalued/reassessed for tax year 2026. New assessments are set near true market value, so we treat the ratio as ~100% for this year. Published Chapter 123 average ratio for appeals/statistics is still 95.31% (often still reflecting the prior assessment base).
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 | $641,900 | — |
| 2025 | $598,800 | $14,011.92 |
| 2024 | $330,800 | $13,447.02 |
| 2023 | $330,800 | $13,116.22 |
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 | $330,800 | 66.05% | $500,833 | — | — |
| 2024 | $330,800 | 62.78% | $526,919 | 0.0% | +5.2% |
| 2025 | $598,800 | 56.25% | $1,064,533 | +81.0% | +102.0% |
| 2026 | $641,900 | 100.00% | $641,900 | +7.2% | -39.7% |
2026: This town revalued/reassessed for tax year 2026. New assessments are set near true market value, so we treat the ratio as ~100% for this year. Published Chapter 123 average ratio for appeals/statistics is still 95.31% (often still reflecting the prior assessment base).
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 | $330,800 | 3.965 | $13,116 | $13,116.22 | — |
| 2024 | $330,800 | 4.065 | $13,447 | $13,447.02 | +2.5% |
| 2025 | $598,800 | 2.340 | $14,012 | $14,011.92 | +4.2% |
| 2026 | $641,900 | — | — | — | pending rate |
Where your money goes
Component $ = net × (component rate ÷ 100). Percents are share of school + county + municipal components for rate year 2025.
| District school (1.304) | $8,370 |
|---|---|
| County (0.223) | $1,431 |
| County open space (0.010) | $64 |
| Municipal purpose (0.770) | $4,943 |
| Municipal library (0.033) | $212 |
Property details
| Class | 2 |
|---|---|
| Building class | 17 |
| Building | — |
| Land description | 50X225 |
| Dwellings | 1 |
| Commercial units | — |
| Year built | 1940 |
| Acreage | 0.2583 |
| Zoning | — |
| Tax map page | — |
| Additional lots | — |
| Census tract / block | — |
| Special tax codes | — |
| MOD-IV current-year tax | — |
| Last sale | $396,000 · 7/29/2016 · sale assessment $330,800 |
| Deed book / page | 02360 / 02050 |
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.