15 MORRIS AVENUE

Bridgeton, Cumberland County · Block 166, Lot 8

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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)
+9.5%

Estimated tax up $115 ($1,216 → $1,332) using 2024→2025 rates (5.288 → 5.790) × assessed net.

Assessment net change: 0.0% ($23,000 → $23,000).

Assessment

Land$3,900
Improvements$19,100
Net (taxable assessed, 2026)$23,000
Town avg ratio used56.56% (Average ratio (Director’s / Chapter 123))
Implied equalized value$40,665
2025 tax (MOD-IV billed)$1,331.70
Est. 2025 tax @ general rate$1,332
Mailing address (2026)1 PARAGON DR STE 252, MONTVALE NJ, 07645

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 $23,000
2025 $23,000 $1,331.70
2024 $23,000 $1,216.24
2023 $23,000 $1,167.25

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 $23,000 80.20% $28,678
2024 $23,000 69.76% $32,970 0.0% +15.0%
2025 $23,000 63.77% $36,067 0.0% +9.4%
2026 $23,000 56.56% $40,665 0.0% +12.7%

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 $23,000 5.075 $1,167 $1,167.25
2024 $23,000 5.288 $1,216 $1,216.24 +4.2%
2025 $23,000 5.790 $1,332 $1,331.70 +9.5%
2026 $23,000

Where your money goes

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

Schools
$171 12.9%
County
$330 24.8%
Municipal
$830 62.3%

Of the estimated change ($115): schools ≈ -0.4%, county ≈ +9.0%, municipal ≈ +91.4%.

District school (0.745)$171
County (1.344)$309
County health (0.075)$17
County open space (0.016)$4
Municipal purpose (3.537)$814
Municipal open space (0.020)$5
Municipal library (0.053)$12

Property details

Class2
Building class27
Building2S-F
Land description25X150
Dwellings1
Commercial units
Year built1900
Acreage0.0861
Zoning
Tax map page64
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$1 · 11/30/2020 · sale assessment $23,000 · SR1A 03
Deed book / page04201 / 09598

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.