603 RHEIN CT
New, Bergen County · Block 1709, Lot 34
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 down $14,605 ($31,735 → $17,130) using 2024→2025 rates (4.035 → 2.178) × assessed net.
Assessment net change: 0.0% ($786,500 → $786,500).
Assessment
| Land | $458,500 |
|---|---|
| Improvements | $328,000 |
| Net (taxable assessed, 2026) | $786,500 |
| Town avg ratio used | 97.49% (Average ratio (Director’s / Chapter 123)) |
| Implied equalized value | $806,749 |
| 2025 tax (MOD-IV billed) | $17,129.97 |
| Est. 2025 tax @ general rate | $17,130 |
| Mailing address (2026) | 603 RHEIN CT, 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 | $786,500 | — |
| 2025 | $786,500 | $17,129.97 |
| 2024 | $363,400 | $14,663.19 |
| 2023 | $363,400 | $14,227.11 |
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 | $363,400 | 64.70% | $561,669 | — | — |
| 2024 | $363,400 | 61.60% | $589,935 | 0.0% | +5.0% |
| 2025 | $786,500 | 55.43% | $1,418,907 | +116.4% | +140.5% |
| 2026 | $786,500 | 97.49% | $806,749 | 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 | $363,400 | 3.915 | $14,227 | $14,227.11 | — |
| 2024 | $363,400 | 4.035 | $14,663 | $14,663.19 | +3.1% |
| 2025 | $786,500 | 2.178 | $17,130 | $17,129.97 | +16.8% |
| 2026 | $786,500 | — | — | — | — |
Where your money goes
Component $ = net × (component rate ÷ 100). Percents are share of school + county + municipal components for rate year 2025.
Of the estimated change ($-14,605): schools ≈ +61.3%, county ≈ +8.2%, municipal ≈ +30.5%.
| District school (1.290) | $10,146 |
|---|---|
| County (0.216) | $1,699 |
| County open space (0.010) | $79 |
| Municipal purpose (0.627) | $4,931 |
| Municipal open space (0.005) | $39 |
| Municipal library (0.030) | $236 |
Property details
| Class | 2 |
|---|---|
| Building class | 17 |
| Building | 1SFG1 |
| Land description | 43XIRR |
| Dwellings | 1 |
| Commercial units | — |
| Year built | 1953 |
| Acreage | — |
| Zoning | — |
| Tax map page | — |
| Additional lots | — |
| Census tract / block | — |
| Special tax codes | — |
| MOD-IV current-year tax | — |
| Last sale | $510,000 · 12/23/2020 · sale assessment $363,400 · SR1A 10 |
| Deed book / page | 04002 / 01382 |
See this lot on the statewide map, then come back for the full tax story.
Show on mapSources: 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.