480 WASHINGTON BLVD.

Jersey City, Hudson County · Block 7302, Lot 54

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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)
+144.4%

Estimated tax up $3,015,626 ($2,087,855 → $5,103,481) using 2024→2025 rates (2.233 → 2.335) × assessed net.

Assessment net change: +133.8% ($93,500,000 → $218,564,500).

Assessment

Land$93,500,000
Improvements$125,064,500
Net (taxable assessed, 2026)$218,564,500
Town avg ratio used72.82% (Average ratio (Director’s / Chapter 123))
Implied equalized value$300,143,505
2025 tax (MOD-IV billed)$5,103,481.08
Est. 2025 tax @ general rate$5,103,481
Mailing address (2026)111 TOWN SQUARE PL #300, JERSEY CITY; NJ, 07310

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 3 — Sale between a company and its owner or a related company marks it non-usable, or the price is a nominal amount.

Building permits for 480 WASHINGTON BLVD.

The New Jersey construction-permit file lists 2 permits for 480 WASHINGTON BLVD. in Jersey City. 2 are still open in the state file. Permit 20230278, an alteration, was issued 26 Jan 2023 and is open in the state file. The reported cost is $6,449.

Permit Type Use Issued Closed Reported cost
20230278+A Alteration Business Uses 26 Jan 2023 Open in the state file $6,449
20230278 Alteration Business Uses 26 Jan 2023 Open in the state file $6,449

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 Jersey City construction office.

Flood zone for 480 WASHINGTON BLVD.

FEMA’s flood map places the mapped point for 480 WASHINGTON BLVD. in zone AE. The mapped base flood elevation is 9 feet (NAVD88).

The state’s 10-foot ground scan puts the lowest cell on this lot at 6.8 feet and the highest at 13.2 feet (NAVD88).

These figures are estimates. The zone and any flood elevation come from FEMA’s flood map at a point for this address, and that point can fall in the street. The high and low come from the state’s 10-foot ground scan of the lot outline. A cell can catch a ditch, the street, or the edge of the lot. They are not a survey and not an insurance rating. A licensed surveyor measures the ground and the building. The town floodplain administrator, or a licensed engineer, confirms what the zone means for this lot. No zone at this point, or zone X, does not mean the lot will not flood.

Water and sewer for 480 WASHINGTON BLVD.

This lot is within the PVSC sewer system. Please verify with the provider.

This lot is within the Jersey City MUA water system. Please verify with the provider.

These lines come from the state’s sewer service areas and public community water areas, read at a point for this address. That point can fall in the street. Being inside a named area means the lot is inside that mapped system, not that a pipe or a meter is on the house. Being outside means the lot is outside the mapped service area, which is usually a septic system or a private well. It is not a hookup record. Please verify with the provider. How we read water and sewer.

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 $218,564,500 —
2025 $93,500,000 $5,103,481.08
2024 $93,500,000 $2,087,855.00
2023 $93,500,000 $2,100,945.00

Mailing changed in 2024 to 111 TOWN SQUARE PL #300, JERSEY CITY; NJ, 07310.

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 $93,500,000 82.91% $112,772,886 — —
2024 $93,500,000 86.55% $108,030,040 0.0% -4.2%
2025 $93,500,000 79.59% $117,477,070 0.0% +8.7%
2026 $218,564,500 72.82% $300,143,505 +133.8% +155.5%

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 $93,500,000 2.247 $2,100,945 $2,100,945.00 —
2024 $93,500,000 2.233 $2,087,855 $2,087,855.00 -0.6%
2025 $93,500,000 2.335 $2,183,225 $5,103,481.08 +4.6%
2026 $218,564,500 — — — —

Where your money goes

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

Schools
$2,286,185 44.8%
County
$937,642 18.4%
Municipal
$1,879,655 36.8%

Of the estimated increase of $3,015,626, the school portion moved $1,377,365 up, the county portion $553,357 up, and the municipal portion $1,084,905 up. Those are pieces of the dollar change. They are not a change in each share of the rate.

District school (1.041)$2,275,256
Regional / consolidated school (0.003)$6,557
Local school (0.002)$4,371
County (0.416)$909,228
County open space (0.013)$28,413
Municipal purpose (0.818)$1,787,858
Municipal open space (0.002)$4,371
Municipal library (0.040)$87,426

Property details

Class4A — Commercial
Building class—
Building29S-O-C
Land description319.74X398 2.586 AC.
Dwellings—
Commercial units—
Year built2005
Acreage2.586
ZoningI-2 — town zoning code
Tax map page73
Additional lots—
Census tract / block—
Special tax codes—
MOD-IV current-year tax—
Last sale$100 · 10/4/2001 · sale assessment $2,198,100 · SR1A 3 — Sale between a company and its owner or a related company
Deed book / page05883 / 00243

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.

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Sources: 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.