112 THE PROMENADE

Edgewater, Bergen County · Block 91, Lot 3, Qual C0112

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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)
$10,990

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: +3.4% ($646,400 → $668,100).

Assessment

Land$225,000
Improvements$443,100
Net (taxable assessed, 2026)$668,100
Town avg ratio used100.00% (Revaluation year (~100% of market))
Implied equalized value$668,100
2025 tax (MOD-IV billed)$10,633.28
Est. 2025 tax @ general rate$10,990
Mailing address (2026)112 THE PROMENADE, EDGEWATER; NJ, 07020

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 $668,100
2025 $646,400 $10,633.28
2024 $628,900 $9,993.22
2023 $613,800 $9,802.39

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 $613,800 100.00% $613,800
2024 $628,900 97.24% $646,750 +2.5% +5.4%
2025 $646,400 90.22% $716,471 +2.8% +10.8%
2026 $668,100 100.00% $668,100 +3.4% -6.8%

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 $613,800 1.597 $9,802 $9,802.39
2024 $628,900 1.589 $9,993 $9,993.22 +1.9%
2025 $646,400 1.645 $10,633 $10,633.28 +6.4%
2026 $668,100 pending rate

Where your money goes

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

Schools
$4,770 43.4%
County
$1,657 15.1%
Municipal
$4,563 41.5%
District school (0.714)$4,770
County (0.237)$1,583
County open space (0.011)$73
Municipal purpose (0.647)$4,323
Municipal library (0.036)$241

Property details

Class2
Building class39
BuildingCONDO
Land description
Dwellings1
Commercial units
Year built2003
Acreage
Zoning
Tax map page
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$530,000 · 9/15/2000 · sale assessment $87,100 · SR1A 7
Deed book / page08327 / 00719

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.