31 WELLESLEY RD.

Glen, Bergen County · Block 49, Lot 13

Show on map

Assessment year 2026 · Rate year 2025 · Prior rate 2024

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 story (homeowner view)
+3.6%

Estimated tax up $865 ($23,910 → $24,776) using 2024→2025 rates (3.288 → 3.407) × assessed net.

Assessment net change: 0.0% ($727,200 → $727,200).

Assessment

Land$480,200
Improvements$247,000
Net (taxable assessed, 2026)$727,200
Town avg ratio used62.75% (Average ratio (Director’s / Chapter 123))
Implied equalized value$1,158,884
2025 tax (MOD-IV billed)$24,775.70
Est. 2025 tax @ general rate$24,776
Mailing address (2026)31 WELLESLEY RD, 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 $727,200
2025 $727,200 $24,775.70
2024 $727,200 $23,910.34
2023 $727,200 $22,979.52

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 $727,200 83.11% $874,985
2024 $727,200 77.34% $940,264 0.0% +7.5%
2025 $727,200 71.58% $1,015,926 0.0% +8.0%
2026 $727,200 62.75% $1,158,884 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 $727,200 3.160 $22,980 $22,979.52
2024 $727,200 3.288 $23,910 $23,910.34 +4.1%
2025 $727,200 3.407 $24,776 $24,775.70 +3.6%
2026 $727,200

Where your money goes

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

Schools
$16,653 67.2%
County
$2,378 9.6%
Municipal
$5,745 23.2%

Of the estimated change ($865): schools ≈ +53.8%, county ≈ +21.0%, municipal ≈ +25.2%.

District school (2.290)$16,653
County (0.313)$2,276
County open space (0.014)$102
Municipal purpose (0.739)$5,374
Municipal open space (0.005)$36
Municipal library (0.046)$335

Property details

Class2
Building class18
Building2SF-2AG
Land description100 X 183
Dwellings1
Commercial units
Year built1957
Acreage0.4201
ZoningA-1
Tax map page
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$810,000 · 6/2/2010 · sale assessment $727,200
Deed book / page00452 / 01934

See this lot on the statewide map, then come back for the full tax story.

Show on map

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.