239 THE PROMENADE

Edgewater, Bergen County · Block 91, Lot 3, Qual C0239

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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)
$6,593

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: +2.9% ($389,400 → $400,800).

Assessment

Land$225,000
Improvements$175,800
Net (taxable assessed, 2026)$400,800
Town avg ratio used100.00% (Revaluation year (~100% of market))
Implied equalized value$400,800
2025 tax (MOD-IV billed)$6,405.63
Est. 2025 tax @ general rate$6,593
Mailing address (2026)PO BOX 271, 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 $400,800
2025 $389,400 $6,405.63
2024 $378,100 $6,008.01
2023 $369,300 $5,897.72

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 $369,300 100.00% $369,300
2024 $378,100 97.24% $388,832 +2.4% +5.3%
2025 $389,400 90.22% $431,612 +3.0% +11.0%
2026 $400,800 100.00% $400,800 +2.9% -7.1%

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 $369,300 1.597 $5,898 $5,897.72
2024 $378,100 1.589 $6,008 $6,008.01 +1.9%
2025 $389,400 1.645 $6,406 $6,405.63 +6.6%
2026 $400,800 pending rate

Where your money goes

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

Schools
$2,862 43.4%
County
$994 15.1%
Municipal
$2,737 41.5%
District school (0.714)$2,862
County (0.237)$950
County open space (0.011)$44
Municipal purpose (0.647)$2,593
Municipal library (0.036)$144

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$238,000 · 4/3/2003 · sale assessment $310,600 · SR1A 7
Deed book / page08595 / 00529

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.