844 STATE HIGHWAY 12

Kingwood, Hunterdon County · Block 17, Lot 10, Qual Q0151

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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)
$292

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: +45.5% ($7,700 → $11,200).

Assessment

Land$11,200
Improvements$0
Net (taxable assessed, 2026)$11,200
Town avg ratio used100.00% (Revaluation year (~100% of market))
Implied equalized value$11,200
2025 tax (MOD-IV billed)$200.66
Est. 2025 tax @ general rate$292
Mailing address (2026)92 FALCON ROAD, HILLSBOROUGH NJ, 08844

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 $11,200
2025 $7,700 $200.66
2024 $7,700 $194.12
2023 $7,700 $195.89

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 $7,700 84.23% $9,142
2024 $7,700 79.72% $9,659 0.0% +5.7%
2025 $7,700 73.00% $10,548 0.0% +9.2%
2026 $11,200 100.00% $11,200 +45.5% +6.2%

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 $7,700 2.544 $196 $195.89
2024 $7,700 2.521 $194 $194.12 -0.9%
2025 $7,700 2.606 $201 $200.66 +3.4%
2026 $11,200 pending rate

Where your money goes

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

Schools
$194 66.3%
County
$57 19.4%
Municipal
$42 14.3%
District school (1.064)$119
Regional / consolidated school (0.665)$74
County (0.421)$47
County library (0.043)$5
County open space (0.041)$5
Municipal purpose (0.342)$38
Municipal open space (0.030)$3

Property details

Class3B
Building class10
Building
Land description21.00 AC.
Dwellings1
Commercial units
Year built
Acreage21
ZoningBUSP
Tax map page24
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$359,000 · 11/11/2016 · sale assessment $7,900 · SR1A 33
Deed book / page02395 / 00039

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.