40 CAROL CT.
Glen, Bergen County · Block 152, Lot 1
Assessments are tax year 2026; latest published general rate we have is 2025. Estimate uses that rate until the 2026 rate is loaded.
Estimated tax up $863 ($23,845 → $24,708) using 2024→2025 rates (3.288 → 3.407) × assessed net.
Assessment net change: 0.0% ($725,200 → $725,200).
Assessment
| Land | $349,000 |
|---|---|
| Improvements | $376,200 |
| Net (taxable assessed, 2026) | $725,200 |
| Town avg ratio used | 62.75% (Average ratio (Director’s / Chapter 123)) |
| Implied equalized value | $1,155,697 |
| 2025 tax (MOD-IV billed) | $24,707.56 |
| Est. 2025 tax @ general rate | $24,708 |
| Mailing address (2026) | 40 CAROL CT, GLEN ROCK; NJ, 07452 |
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.
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 | $725,200 | — |
| 2025 | $725,200 | $24,707.56 |
| 2024 | $725,200 | $23,844.58 |
| 2023 | $725,200 | $22,916.32 |
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 | $725,200 | 83.11% | $872,579 | — | — |
| 2024 | $725,200 | 77.34% | $937,678 | 0.0% | +7.5% |
| 2025 | $725,200 | 71.58% | $1,013,132 | 0.0% | +8.0% |
| 2026 | $725,200 | 62.75% | $1,155,697 | 0.0% | +14.1% |
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 | $725,200 | 3.160 | $22,916 | $22,916.32 | — |
| 2024 | $725,200 | 3.288 | $23,845 | $23,844.58 | +4.1% |
| 2025 | $725,200 | 3.407 | $24,708 | $24,707.56 | +3.6% |
| 2026 | $725,200 | — | — | — | — |
Where your money goes
Component $ = net × (component rate ÷ 100). Percents are share of school + county + municipal components for rate year 2025.
Of the estimated change ($863): schools ≈ +53.8%, county ≈ +21.0%, municipal ≈ +25.2%.
| District school (2.290) | $16,607 |
|---|---|
| County (0.313) | $2,270 |
| County open space (0.014) | $102 |
| Municipal purpose (0.739) | $5,359 |
| Municipal open space (0.005) | $36 |
| Municipal library (0.046) | $334 |
Property details
| Class | 2 |
|---|---|
| Building class | 18 |
| Building | 2SF-2BIG |
| Land description | 75 X 240 |
| Dwellings | 1 |
| Commercial units | — |
| Year built | 1975 |
| Acreage | 0.4132 |
| Zoning | A-2 |
| Tax map page | — |
| Additional lots | — |
| Census tract / block | — |
| Special tax codes | — |
| MOD-IV current-year tax | — |
| Last sale | $1,165,000 · 9/1/2021 · sale assessment $725,200 |
| Deed book / page | 04390 / 01871 |
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.