150 J F KENNEDY PARKWAY
Millburn Twp, Essex County · Block 5303, Lot 4, Qual C0001
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 up $18,231 ($976,597 → $994,828) using 2024→2025 rates (1.982 → 2.019) × assessed net.
Assessment net change: 0.0% ($49,273,300 → $49,273,300).
Assessment
| Land | $15,047,700 |
|---|---|
| Improvements | $34,225,600 |
| Net (taxable assessed, 2026) | $49,273,300 |
| Town avg ratio used | 70.02% (Average ratio (Director’s / Chapter 123)) |
| Implied equalized value | $70,370,323 |
| 2025 tax (MOD-IV billed) | $994,827.93 |
| Est. 2025 tax @ general rate | $994,828 |
| Mailing address (2026) | 101 HUDSON ST STE 1703, JERSEY CITY NJ, 07302 |
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.
The stored sale is not used for a change-since-sale figure. SR1A 30 — Several parcels sold as a package, with the price split arbitrarily marks it non-usable, or the price is a nominal amount.
Building permits for 150 J F KENNEDY PARKWAY
The New Jersey construction-permit file lists 41 permits for 150 J F KENNEDY PARKWAY in Millburn Twp. 13 are still open in the state file. Permit 19-0498, a new building, was issued 30 Apr 2019 and closed 16 Jun 2025 with a Certificate of Occupancy. The reported cost is $2,574,500. The reported size is 70,154 square feet.
| Permit | Type | Use | Issued | Closed | Reported cost |
|---|---|---|---|---|---|
| 17-1485 | Alteration | Multiple family dwellings, dormitories, etc. | 2 Nov 2017 | 15 Jul 2021, Certificate of Approval | $5,150 |
| 17-1538 | Alteration | Multiple family dwellings, dormitories, etc. | 9 Nov 2017 | 3 Sep 2021, Certificate of Approval | $4,875,000 |
| 19-0106+A | Alteration | Multiple family dwellings, dormitories, etc. | 24 Jan 2019 | 14 Sep 2021, Certificate of Approval | $950,000 |
| 19-0106 | New | Multiple family dwellings, dormitories, etc. | 24 Jan 2019 | 4 Dec 2020, Certificate of Occupancy | $23,037,521 |
| 19-0498 | New | Storage building, low hazard | 30 Apr 2019 | 16 Jun 2025, Certificate of Occupancy | $2,574,500 |
| 19-0106+F | Alteration | Multiple family dwellings, dormitories, etc. | 1 Aug 2019 | 14 Sep 2021, Certificate of Approval | $10,000 |
| 19-0106+E | Alteration | Accessory buildings and miscellaneous structures | 17 Sep 2019 | 14 Sep 2021, Certificate of Approval | $376,420 |
| 19-0106+H | Alteration | Multiple family dwellings, dormitories, etc. | 17 Dec 2019 | 14 Sep 2021, Certificate of Approval | $445,626 |
| 19-0106+G | Alteration | Multiple family dwellings, dormitories, etc. | 17 Dec 2019 | 14 Sep 2021, Certificate of Approval | $215,233 |
| 20-0135 | Alteration | International Residential Code | 5 Feb 2020 | 14 Sep 2021, Certificate of Approval | $39,600 |
| 20-0518 | Alteration | Multiple family dwellings, dormitories, etc. | 10 Jun 2020 | 21 Oct 2021, Certificate of Approval | $10,200 |
| 20-0930 | Alteration | Multiple family dwellings, dormitories, etc. | 14 Sep 2020 | 21 Oct 2021, Certificate of Approval | $6,250 |
| 19-0106+I | Alteration | Multiple family dwellings, dormitories, etc. | 14 Jan 2021 | 14 Sep 2021, Certificate of Approval | $112,489 |
| 22-0014 | Alteration | Business Uses | 6 Jan 2022 | 10 Mar 2022, Temporary Certificate of Occupancy | $24,700 |
| 22-0135 | Alteration | Accessory buildings and miscellaneous structures | 1 Feb 2022 | 28 Jun 2023, Certificate of Approval | $23,500 |
| 22-0014+B | Alteration | Business Uses | 14 Feb 2022 | Open in the state file | $1,800 |
| 22-0014+A | Alteration | Business Uses | 14 Feb 2022 | Open in the state file | $3,700 |
| 22-0014+C | Alteration | Business Uses | 18 Feb 2022 | Open in the state file | $5,000 |
| 22-0676 | Alteration | International Residential Code | 19 May 2022 | 26 May 2022, Certificate of Approval | $935 |
| 22-0770 | Alteration | Business Uses | 10 Jun 2022 | 14 Jun 2022, Certificate of Approval | $500 |
| 22-1170 | Alteration | Business Uses | 7 Sep 2022 | 21 Mar 2023, Certificate of Approval | $3,500 |
| 22-1165+A | Alteration | Business Uses | 7 Sep 2022 | Open in the state file | $80,000 |
| 22-1165 | Alteration | Business Uses | 7 Sep 2022 | 9 Mar 2023, Certificate of Approval | $363,975 |
| 22-1217 | Alteration | Business Uses | 15 Sep 2022 | 24 Jul 2023, Certificate of Approval | $12,500 |
| 22-1571 | Alteration | Business Uses | 12 Dec 2022 | 6 May 2025, Certificate of Approval | $17,623 |
| 23-0248 | Alteration | Business Uses | 21 Feb 2023 | 15 Feb 2024, Certificate of Approval | $7,500 |
| 23-0431 | Alteration | Accessory buildings and miscellaneous structures | 10 Apr 2023 | Open in the state file | $9,500 |
| 23-0490 | Alteration | International Residential Code | 25 Apr 2023 | 27 Apr 2023, Certificate of Approval | $495 |
| 23-0494 | Alteration | International Residential Code | 26 Apr 2023 | 27 Apr 2023, Certificate of Approval | $100 |
| 23-0839 | Alteration | International Residential Code | 14 Jul 2023 | Open in the state file | $5,500 |
| 24-0514 | Alteration | Accessory buildings and miscellaneous structures | 8 May 2024 | 22 May 2024, Certificate of Approval | $595 |
| 24-0600 | Alteration | Business Uses | 28 May 2024 | 9 Sep 2024, Certificate of Occupancy | $121,000 |
| 24-0600+A | Alteration | Business Uses | 6 Jun 2024 | Open in the state file | $4 |
| 24-0600+B | Alteration | Business Uses | 17 Jul 2024 | Open in the state file | $7,500 |
| 24-0935 | Alteration | Business Uses | 12 Aug 2024 | 10 Sep 2024, Certificate of Approval | $20,000 |
| 24-0989 | Alteration | Business Uses | 21 Aug 2024 | Open in the state file | $3,000 |
| 24-0600+C | Alteration | Business Uses | 4 Sep 2024 | Open in the state file | $5,800 |
| 25-1172 | Alteration | Accessory buildings and miscellaneous structures | 2 Oct 2025 | Open in the state file | $55,000 |
| 25-1502 | Alteration | International Residential Code | 23 Dec 2025 | Open in the state file | $18,000 |
| 26-0198 | Alteration | International Residential Code | 25 Feb 2026 | 16 Apr 2026, Certificate of Approval | $119,100 |
| 26-0799 | Alteration | Multiple family dwellings, dormitories, etc. | 6 Jul 2026 | Open in the state file | $2,000 |
The file does not name the work. This file is a full record from 2021 on. Older permits are mostly missing. A repair from before then can be absent here and still be at the Millburn Twp construction office.
Flood zone for 150 J F KENNEDY PARKWAY
The flood map could not be checked for 150 J F KENNEDY PARKWAY, because the address did not place a point on the map. Assessment and tax figures on this page are from our own records.
The high and low ground elevation could not be read for this lot.
Water and sewer for 150 J F KENNEDY PARKWAY
The water and sewer maps could not be checked for 150 J F KENNEDY PARKWAY, because the address did not place a point on the map.
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 | $49,273,300 | — |
| 2025 | $49,273,300 | $994,827.93 |
| 2024 | $49,273,300 | $976,596.81 |
| 2023 | $49,273,300 | $963,785.75 |
Mailing changed in 2025 to 101 HUDSON ST STE 1703, JERSEY CITY NJ, 07302.
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 | $49,273,300 | 91.04% | $54,122,693 | — | — |
| 2024 | $49,273,300 | 83.55% | $58,974,626 | 0.0% | +9.0% |
| 2025 | $49,273,300 | 77.97% | $63,195,203 | 0.0% | +7.2% |
| 2026 | $49,273,300 | 70.02% | $70,370,323 | 0.0% | +11.4% |
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 | $49,273,300 | 1.956 | $963,786 | $963,785.75 | — |
| 2024 | $49,273,300 | 1.982 | $976,597 | $976,596.81 | +1.3% |
| 2025 | $49,273,300 | 2.019 | $994,828 | $994,827.93 | +1.9% |
| 2026 | $49,273,300 | — | — | — | — |
Where your money goes
Component $ = net × (component rate ÷ 100). Percents are share of school + county + municipal components for rate year 2025.
Of the estimated increase of $18,231, the school portion moved $6,406 up, the county portion $1,971 down, and the municipal portion $13,797 up. Those are pieces of the dollar change. They are not a change in each share of the rate.
| District school (1.033) | $508,993 |
|---|---|
| County (0.434) | $213,846 |
| County open space (0.019) | $9,362 |
| Municipal purpose (0.480) | $236,512 |
| Municipal open space (0.010) | $4,927 |
| Municipal library (0.043) | $21,188 |
Property details
| Class | 4A — Commercial |
|---|---|
| Building class | 10 — not listed in the state appraisal manual |
| Building | — |
| Land description | 7.52 AC |
| Dwellings | — |
| Commercial units | — |
| Year built | — |
| Acreage | 7.52 |
| Zoning | OR-3 — town zoning code |
| Tax map page | 53 |
| Additional lots | — |
| Census tract / block | — |
| Special tax codes | — |
| MOD-IV current-year tax | — |
| Last sale | $67,120,000 · 4/20/2021 · sale assessment $49,273,300 · SR1A 30 — Several parcels sold as a package, with the price split arbitrarily |
| Deed book / page | 20210 / 49687 |
The class, building class, SR1A, and special-tax words are the state’s names for those codes. The zoning code is the town’s. A code that is not on the state list keeps the code and says so.
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). Building permits are read live from the NJ construction-permit file for this block and lot. The flood zone is read live from FEMA’s flood map at a point for this address. The high and low are read live from the state’s 10-foot ground scan. Water and sewer are read live from the state’s service-area maps at that same point. Those map readings are estimates, not a survey and not a hookup record. Estimates are not an official tax bill. Owner names are not shown. Water and sewer · Full disclaimer.