486 RYESIDE AVE

New, Bergen County · Block 1004, Lot 3

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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)
-46.0%

Estimated tax down $11,209 ($24,355 → $13,146) using 2024→2025 rates (4.035 → 2.178) × assessed net.

Assessment net change: 0.0% ($603,600 → $603,600).

Assessment

Land$405,000
Improvements$198,600
Net (taxable assessed, 2026)$603,600
Town avg ratio used97.49% (Average ratio (Director’s / Chapter 123))
Implied equalized value$619,140
2025 tax (MOD-IV billed)$13,146.41
Est. 2025 tax @ general rate$13,146
Mailing address (2026)486 RYESIDE AVE, NEW MILFORD; NJ, 07646

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 $603,600
2025 $603,600 $13,146.41
2024 $294,600 $11,887.11
2023 $294,600 $11,533.59

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 $294,600 64.70% $455,332
2024 $294,600 61.60% $478,247 0.0% +5.0%
2025 $603,600 55.43% $1,088,941 +104.9% +127.7%
2026 $603,600 97.49% $619,140 0.0% -43.1%

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 $294,600 3.915 $11,534 $11,533.59
2024 $294,600 4.035 $11,887 $11,887.11 +3.1%
2025 $603,600 2.178 $13,146 $13,146.41 +10.6%
2026 $603,600

Where your money goes

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

Schools
$7,786 59.2%
County
$1,364 10.4%
Municipal
$3,996 30.4%

Of the estimated change ($-11,209): schools ≈ +61.3%, county ≈ +8.2%, municipal ≈ +30.5%.

District school (1.290)$7,786
County (0.216)$1,304
County open space (0.010)$60
Municipal purpose (0.627)$3,785
Municipal open space (0.005)$30
Municipal library (0.030)$181

Property details

Class2
Building class17
Building1SCBG1
Land description75X100
Dwellings1
Commercial units
Year built1948
Acreage0.1722
Zoning
Tax map page
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$338,000 · 12/23/2020 · sale assessment $294,600
Deed book / page04102 / 00001

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.