148 FELLS RD

Essex, Essex County · Block 1, Lot 7

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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)
+6.8%

Estimated tax up $971 ($14,295 → $15,266) using 2024→2025 rates (2.164 → 2.311) × assessed net.

Assessment net change: 0.0% ($660,600 → $660,600).

Assessment

Land$414,200
Improvements$246,400
Net (taxable assessed, 2026)$660,600
Town avg ratio used72.77% (Average ratio (Director’s / Chapter 123))
Implied equalized value$907,792
2025 tax (MOD-IV billed)$15,266.47
Est. 2025 tax @ general rate$15,266
Mailing address (2026)148 FELLS ROAD, ESSEX FELLS; NJ, 07021

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 $660,600
2025 $660,600 $15,266.47
2024 $660,600 $14,295.38
2023 $660,600 $14,321.81

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 $660,600 92.49% $714,239
2024 $660,600 93.46% $706,826 0.0% -1.0%
2025 $660,600 81.60% $809,559 0.0% +14.5%
2026 $660,600 72.77% $907,792 0.0% +12.1%

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 $660,600 2.168 $14,322 $14,321.81
2024 $660,600 2.164 $14,295 $14,295.38 -0.2%
2025 $660,600 2.311 $15,266 $15,266.47 +6.8%
2026 $660,600

Where your money goes

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

Schools
$8,165 53.5%
County
$2,867 18.8%
Municipal
$4,234 27.7%

Of the estimated change ($971): schools ≈ +64.6%, county ≈ +18.4%, municipal ≈ +17.0%.

District school (0.795)$5,252
Regional / consolidated school (0.441)$2,913
County (0.415)$2,741
County open space (0.019)$126
Municipal purpose (0.641)$4,234

Property details

Class2
Building class18
Building
Land description98X158 AVG
Dwellings1
Commercial units
Year built1932
Acreage0.3555
Zoning
Tax map page1
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$595,000 · 6/13/2012 · sale assessment $710,400
Deed book / page12376 / 01461

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.