229 MORNINGSIDE ROAD

Paramus, Bergen County · Block 4005, Lot 10

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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)
$10,430

Estimated annual tax: current net × 1.499 (rate year 2025). Year-over-year % is hidden until the 2026 general rate is available for this reval/reassess town.

Assessment net change: +6.6% ($652,600 → $695,800).

Assessment

Land$447,700
Improvements$248,100
Net (taxable assessed, 2026)$695,800
Town avg ratio used100.00% (Revaluation year (~100% of market))
Implied equalized value$695,800
2025 tax (MOD-IV billed)$9,782.47
Est. 2025 tax @ general rate$10,430
Mailing address (2026)229 MORNINGSIDE RD, PARAMUS; NJ, 07652

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 93.30% (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 $695,800
2025 $652,600 $9,782.47
2024 $611,300 $9,255.08
2023 $588,700 $9,030.66

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 $588,700 85.92% $685,172
2024 $611,300 98.53% $620,420 +3.8% -9.5%
2025 $652,600 89.46% $729,488 +6.8% +17.6%
2026 $695,800 100.00% $695,800 +6.6% -4.6%

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 93.30% (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 $588,700 1.534 $9,031 $9,030.66
2024 $611,300 1.514 $9,255 $9,255.08 +2.5%
2025 $652,600 1.499 $9,782 $9,782.47 +5.7%
2026 $695,800 pending rate

Where your money goes

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

Schools
$4,940 47.4%
County
$1,684 16.1%
Municipal
$3,806 36.5%
District school (0.710)$4,940
County (0.231)$1,607
County open space (0.011)$77
Municipal purpose (0.512)$3,562
Municipal library (0.035)$244

Property details

Class2
Building class18
Building1SF
Land description125X90 4.5LT
Dwellings1
Commercial units
Year built1954
Acreage0.2583
Zoning
Tax map page
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$555,000 · 6/30/2005 · sale assessment $366,700
Deed book / page08857 / 00446

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.