167-169 FRANKLIN AVENUE

Maplewood, Essex County · Block 49.3, Lot 544

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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)
+21.3%

Estimated tax up $2,038 ($9,576 → $11,614) using 2024→2025 rates (2.313 → 2.401) × assessed net.

Assessment net change: +16.8% ($414,000 → $483,700).

Assessment

Land$195,000
Improvements$288,700
Net (taxable assessed, 2026)$483,700
Town avg ratio used96.50% (Average ratio (Director’s / Chapter 123))
Implied equalized value$501,244
2025 tax (MOD-IV billed)$9,940.14
Est. 2025 tax @ general rate$11,614
Mailing address (2026)167-169 FRANKLIN AVE, MAPLEWOOD; NJ, 07040

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 $483,700
2025 $414,000 $9,940.14
2024 $414,000 $9,575.82
2023 $263,000 $9,510.08

Mailing changed in 2026 to 167-169 FRANKLIN AVE, MAPLEWOOD; NJ, 07040.

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 $263,000 77.90% $337,612
2024 $414,000 100.00% $414,000 +57.4% +22.6%
2025 $414,000 100.00% $414,000 0.0% 0.0%
2026 $483,700 96.50% $501,244 +16.8% +21.1%

2024: Published average ratio exceeded 100%; New Jersey treats that as 100% for equalization.

2025: Published average ratio exceeded 100%; New Jersey treats that as 100% for equalization.

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 $263,000 3.616 $9,510 $9,510.08
2024 $414,000 2.313 $9,576 $9,575.82 +0.7%
2025 $414,000 2.401 $9,940 $9,940.14 +3.8%
2026 $483,700

Where your money goes

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

Schools
$6,559 56.5%
County
$1,683 14.5%
Municipal
$3,371 29.0%

Of the estimated change ($2,038): schools ≈ +55.3%, county ≈ +15.6%, municipal ≈ +29.1%.

Regional / consolidated school (1.356)$6,559
County (0.333)$1,611
County open space (0.015)$73
Municipal purpose (0.654)$3,163
Municipal open space (0.010)$48
Municipal library (0.033)$160

Property details

Class2
Building class16
Building1.5SF1G
Land description50X50
Dwellings1
Commercial units
Year built1931
Acreage0.0574
ZoningR1-4
Tax map page17
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$549,000 · 10/22/2025 · sale assessment $414,000 · SR1A 32
Deed book / page20250 / 67186

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.