552 COLUMBIA ST

New, Bergen County · Block 1101, Lot 4

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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 $10,624 ($23,084 → $12,460) using 2024→2025 rates (4.035 → 2.178) × assessed net.

Assessment net change: 0.0% ($572,100 → $572,100).

Assessment

Land$304,500
Improvements$267,600
Net (taxable assessed, 2026)$572,100
Town avg ratio used97.49% (Average ratio (Director’s / Chapter 123))
Implied equalized value$586,829
2025 tax (MOD-IV billed)$12,460.34
Est. 2025 tax @ general rate$12,460
Mailing address (2026)552 COLUMBIA ST, 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 $572,100
2025 $572,100 $12,460.34
2024 $338,800 $13,670.58
2023 $338,800 $13,264.02

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 $338,800 64.70% $523,648
2024 $338,800 61.60% $550,000 0.0% +5.0%
2025 $572,100 55.43% $1,032,113 +68.9% +87.7%
2026 $572,100 97.49% $586,829 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 $338,800 3.915 $13,264 $13,264.02
2024 $338,800 4.035 $13,671 $13,670.58 +3.1%
2025 $572,100 2.178 $12,460 $12,460.34 -8.9%
2026 $572,100

Where your money goes

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

Schools
$7,380 59.2%
County
$1,293 10.4%
Municipal
$3,787 30.4%

Of the estimated change ($-10,624): schools ≈ +61.3%, county ≈ +8.2%, municipal ≈ +30.5%.

District school (1.290)$7,380
County (0.216)$1,236
County open space (0.010)$57
Municipal purpose (0.627)$3,587
Municipal open space (0.005)$29
Municipal library (0.030)$172

Property details

Class2
Building class17
Building1SFG1
Land description110XIRR
Dwellings1
Commercial units
Year built1955
Acreage
Zoning
Tax map page
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$390,000 · 7/27/2017 · sale assessment $324,100 · SR1A 26
Deed book / page02693 / 00667

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.