192 ELMWOOD AVE

Hohokus, Bergen County · Block 219, Lot 8

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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)
$22,872

Estimated annual tax: current net × 2.501 (rate year 2025). Year-over-year % is hidden until the 2026 general rate is available for this reval/reassess town.

Assessment net change: +61.2% ($567,200 → $914,500).

Assessment

Land$719,000
Improvements$195,500
Net (taxable assessed, 2026)$914,500
Town avg ratio used100.00% (Revaluation year (~100% of market))
Implied equalized value$914,500
2025 tax (MOD-IV billed)$14,185.67
Est. 2025 tax @ general rate$22,872
Mailing address (2026)192 ELMWOOD AVE, HO-HO-KUS NJ, 074231121

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 62.09% (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 $914,500
2025 $567,200 $14,185.67
2024 $565,700 $13,652.52
2023 $565,700 $13,180.81

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 $565,700 80.16% $705,714
2024 $565,700 74.44% $759,941 0.0% +7.7%
2025 $567,200 68.31% $830,332 +0.3% +9.3%
2026 $914,500 100.00% $914,500 +61.2% +10.1%

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 62.09% (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 $565,700 2.330 $13,181 $13,180.81
2024 $565,700 2.407 $13,616 $13,652.52 +3.3%
2025 $567,200 2.501 $14,186 $14,185.67 +4.2%
2026 $914,500 pending rate

Where your money goes

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

Schools
$12,922 56.5%
County
$3,137 13.7%
Municipal
$6,813 29.8%
District school (1.413)$12,922
County (0.328)$3,000
County open space (0.015)$137
Municipal purpose (0.697)$6,374
Municipal library (0.048)$439

Property details

Class2
Building class17
Building1SF1G
Land description60X130
Dwellings1
Commercial units
Year built1932
Acreage0.1791
ZoningR-3
Tax map page
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale
Deed book / page

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.