502 DOREMUS AVE.

Glen, Bergen County · Block 56, Lot 17

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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)
+7.8%

Estimated tax up $1,379 ($17,673 → $19,052) using 2024→2025 rates (3.288 → 3.407) × assessed net.

Assessment net change: +4.0% ($537,500 → $559,200).

Assessment

Land$305,200
Improvements$254,000
Net (taxable assessed, 2026)$559,200
Town avg ratio used62.75% (Average ratio (Director’s / Chapter 123))
Implied equalized value$891,155
2025 tax (MOD-IV billed)$18,496.61
Est. 2025 tax @ general rate$19,052
Mailing address (2026)502 DOREMUS AVENUE, 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 $559,200
2025 $537,500 $18,496.61
2024 $537,500 $17,673.00
2023 $537,500 $16,985.00

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 $537,500 83.11% $646,733
2024 $537,500 77.34% $694,983 0.0% +7.5%
2025 $537,500 71.58% $750,908 0.0% +8.0%
2026 $559,200 62.75% $891,155 +4.0% +18.7%

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 $537,500 3.160 $16,985 $16,985.00
2024 $537,500 3.288 $17,673 $17,673.00 +4.1%
2025 $537,500 3.407 $18,313 $18,496.61 +3.6%
2026 $559,200

Where your money goes

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

Schools
$12,806 67.2%
County
$1,829 9.6%
Municipal
$4,418 23.2%

Of the estimated change ($1,379): schools ≈ +61.0%, county ≈ +14.9%, municipal ≈ +24.1%.

District school (2.290)$12,806
County (0.313)$1,750
County open space (0.014)$78
Municipal purpose (0.739)$4,132
Municipal open space (0.005)$28
Municipal library (0.046)$257

Property details

Class2
Building class18
Building2SF-2DG
Land description60 X 175
Dwellings1
Commercial units
Year built1910
Acreage0.241
ZoningA-2
Tax map page
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$560,000 · 7/24/2014 · sale assessment $525,300
Deed book / page01722 / 01464

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.