201 RIVER RD

New, Bergen County · Block 1304, Lot 9

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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 $6,475 ($14,070 → $7,595) using 2024→2025 rates (4.035 → 2.178) × assessed net.

Assessment net change: 0.0% ($348,700 → $348,700).

Assessment

Land$175,000
Improvements$173,700
Net (taxable assessed, 2026)$348,700
Town avg ratio used97.49% (Average ratio (Director’s / Chapter 123))
Implied equalized value$357,678
2025 tax (MOD-IV billed)$7,594.69
Est. 2025 tax @ general rate$7,595
Mailing address (2026)201 RIVER RD, 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 $348,700
2025 $348,700 $7,594.69
2024 $242,600 $9,788.91
2023 $242,600 $9,497.79

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 $242,600 64.70% $374,961
2024 $242,600 61.60% $393,831 0.0% +5.0%
2025 $348,700 55.43% $629,082 +43.7% +59.7%
2026 $348,700 97.49% $357,678 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 $242,600 3.915 $9,498 $9,497.79
2024 $242,600 4.035 $9,789 $9,788.91 +3.1%
2025 $348,700 2.178 $7,595 $7,594.69 -22.4%
2026 $348,700

Where your money goes

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

Schools
$4,498 59.2%
County
$788 10.4%
Municipal
$2,308 30.4%

Of the estimated change ($-6,475): schools ≈ +61.3%, county ≈ +8.2%, municipal ≈ +30.5%.

District school (1.290)$4,498
County (0.216)$753
County open space (0.010)$35
Municipal purpose (0.627)$2,186
Municipal open space (0.005)$17
Municipal library (0.030)$105

Property details

Class4A
Building class
Building1SCB
Land description50X100
Dwellings
Commercial units
Year built
Acreage0.1148
Zoning
Tax map page13
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$206,666 · 12/17/2021 · sale assessment $242,600
Deed book / page04536 / 01735

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.