GORGE RD

Edgewater, Bergen County · Block 89, Lot 1.1

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Assessment year 2026 · Rate year 2025 · Prior rate 2024

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 tax story (homeowner view)
$5,374

Estimated annual tax: current net × 1.645 (rate year 2025). Year-over-year % is hidden until the 2026 general rate is available for this reval/reassess town.

Assessment net change: 0.0% ($326,700 → $326,700).

Assessment

Land$326,700
Improvements$0
Net (taxable assessed, 2026)$326,700
Town avg ratio used100.00% (Revaluation year (~100% of market))
Implied equalized value$326,700
2025 tax (MOD-IV billed)$5,374.22
Est. 2025 tax @ general rate$5,374
Mailing address (2026)2050 CENTER AVE STE#410, FORT LEE; NJ, 07024

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 89.49% (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 $326,700
2025 $326,700 $5,374.22
2024 $326,700 $5,191.26
2023 $326,700 $5,217.40

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 $326,700 100.00% $326,700
2024 $326,700 97.24% $335,973 0.0% +2.8%
2025 $326,700 90.22% $362,115 0.0% +7.8%
2026 $326,700 100.00% $326,700 0.0% -9.8%

2023: Published average ratio exceeded 100%; New Jersey treats that as 100% for equalization.

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 89.49% (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 $326,700 1.597 $5,217 $5,217.40
2024 $326,700 1.589 $5,191 $5,191.26 -0.5%
2025 $326,700 1.645 $5,374 $5,374.22 +3.5%
2026 $326,700 pending rate

Where your money goes

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

Schools
$2,333 43.4%
County
$810 15.1%
Municipal
$2,231 41.5%
District school (0.714)$2,333
County (0.237)$774
County open space (0.011)$36
Municipal purpose (0.647)$2,114
Municipal library (0.036)$118

Property details

Class1
Building class
Building
Land description1.0
Dwellings
Commercial units
Year built
Acreage1
Zoning
Tax map page
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$1 · 6/30/2007 · sale assessment $70,000 · SR1A 16
Deed book / page09348 / 00338

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.