1245 COUNTY ROAD 519

Kingwood, Hunterdon County · Block 1, Lot 6, Qual Q0005

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Assessment year 2026 · Rate year 2025 · Prior rate 2024

2026 revaluation/reassessment town — 2026 general tax rate not in our warehouse yet. Showing 2025 rate against 2026 assessments; YoY % is withheld until the matching rate posts.

Estimated tax story (homeowner view)
$490

Estimated annual tax: current net × 2.606 (rate year 2025). Year-over-year % is hidden until the 2026 general rate is available for this reval/reassess town.

Assessment net change: +5.6% ($17,800 → $18,800).

Assessment

Land$18,800
Improvements$0
Net (taxable assessed, 2026)$18,800
Town avg ratio used100.00% (Revaluation year (~100% of market))
Implied equalized value$18,800
2025 tax (MOD-IV billed)$463.87
Est. 2025 tax @ general rate$490
Mailing address (2026)1245 COUNTY ROAD 519, FRENCHTOWN NJ, 08825

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.

This town revalued/reassessed for tax year 2026. New assessments are set near true market value, so we treat the ratio as ~100% for this year. Published Chapter 123 average ratio for appeals/statistics is still 65.44% (often still reflecting the prior assessment base).

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 $18,800
2025 $17,800 $463.87
2024 $17,800 $448.74
2023 $17,800 $452.83

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 $17,800 84.23% $21,133
2024 $17,800 79.72% $22,328 0.0% +5.7%
2025 $17,800 73.00% $24,384 0.0% +9.2%
2026 $18,800 100.00% $18,800 +5.6% -22.9%

2026: This town revalued/reassessed for tax year 2026. New assessments are set near true market value, so we treat the ratio as ~100% for this year. Published Chapter 123 average ratio for appeals/statistics is still 65.44% (often still reflecting the prior assessment base).

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 $17,800 2.544 $453 $452.83
2024 $17,800 2.521 $449 $448.74 -0.9%
2025 $17,800 2.606 $464 $463.87 +3.4%
2026 $18,800 pending rate

Where your money goes

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

Schools
$325 66.3%
County
$95 19.4%
Municipal
$70 14.3%
District school (1.064)$200
Regional / consolidated school (0.665)$125
County (0.421)$79
County library (0.043)$8
County open space (0.041)$8
Municipal purpose (0.342)$64
Municipal open space (0.030)$6

Property details

Class3B
Building class10
Building
Land description28.46 AC.
Dwellings1
Commercial units
Year built
Acreage28.46
ZoningAR-2
Tax map page02
Additional lotsFARMLAND PRESV
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$1,450,000 · 9/8/2022 · sale assessment $17,800 · SR1A 16
Deed book / page02581 / 00006

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.