1 RUNYON MILL ROAD
East, Hunterdon County · Block 33, Lot 1.4
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 $64 ($8,725 → $8,788) using 2024→2025 rates (2.602 → 2.621) × assessed net.
Assessment net change: 0.0% ($335,300 → $335,300).
Assessment
| Land | $187,000 |
|---|---|
| Improvements | $148,300 |
| Net (taxable assessed, 2026) | $335,300 |
| Town avg ratio used | 65.55% (Average ratio (Director’s / Chapter 123)) |
| Implied equalized value | $511,518 |
| 2025 tax (MOD-IV billed) | $8,925.68 |
| Est. 2025 tax @ general rate | $8,788 |
| Mailing address (2026) | 1 RUNYON MILL RD, RINGOES NJ, 08551 |
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 | $335,300 | — |
| 2025 | $335,300 | $8,925.68 |
| 2024 | $335,300 | $8,861.98 |
| 2023 | $335,300 | $8,754.68 |
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 | $335,300 | 78.39% | $427,733 | — | — |
| 2024 | $335,300 | 72.56% | $462,100 | 0.0% | +8.0% |
| 2025 | $335,300 | 68.22% | $491,498 | 0.0% | +6.4% |
| 2026 | $335,300 | 65.55% | $511,518 | 0.0% | +4.1% |
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 | $335,300 | 2.570 | $8,617 | $8,754.68 | — |
| 2024 | $335,300 | 2.602 | $8,725 | $8,861.98 | +1.2% |
| 2025 | $335,300 | 2.621 | $8,788 | $8,925.68 | +0.7% |
| 2026 | $335,300 | — | — | — | — |
Where your money goes
Component $ = net × (component rate ÷ 100). Percents are share of school + county + municipal components for rate year 2025.
Of the estimated change ($64): schools ≈ -73.7%, county ≈ +152.6%, municipal ≈ +21.1%.
| District school (1.317) | $4,416 |
|---|---|
| Regional / consolidated school (0.501) | $1,680 |
| County (0.451) | $1,512 |
| County library (0.046) | $154 |
| County open space (0.044) | $148 |
| Municipal purpose (0.222) | $744 |
| Municipal open space (0.040) | $134 |
Property details
| Class | 2 |
|---|---|
| Building class | 17 |
| Building | F1S |
| Land description | 2.4000 |
| Dwellings | 1 |
| Commercial units | — |
| Year built | 1973 |
| Acreage | 2.4 |
| Zoning | VAL |
| Tax map page | 10 |
| Additional lots | — |
| Census tract / block | — |
| Special tax codes | F01 |
| MOD-IV current-year tax | — |
| Last sale | $310,000 · 9/7/2016 · sale assessment $335,300 |
| Deed book / page | 02386 / 00426 |
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). Estimates are not an official tax bill. Owner names are not shown. Full disclaimer.