353 OAK GROVE ROAD

Kingwood, Hunterdon County · Block 8, Lot 9, Qual Q0065

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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)
$628

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: +11.6% ($21,600 → $24,100).

Assessment

Land$24,100
Improvements$0
Net (taxable assessed, 2026)$24,100
Town avg ratio used100.00% (Revaluation year (~100% of market))
Implied equalized value$24,100
2025 tax (MOD-IV billed)$562.90
Est. 2025 tax @ general rate$628
Mailing address (2026)251 HILLSIDE AVE, SPRINGFIELD NJ, 07081

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 $24,100
2025 $21,600 $562.90
2024 $21,600 $544.54
2023 $21,600 $549.50

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 $21,600 84.23% $25,644
2024 $21,600 79.72% $27,095 0.0% +5.7%
2025 $21,600 73.00% $29,589 0.0% +9.2%
2026 $24,100 100.00% $24,100 +11.6% -18.6%

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 $21,600 2.544 $550 $549.50
2024 $21,600 2.521 $545 $544.54 -0.9%
2025 $21,600 2.606 $563 $562.90 +3.4%
2026 $24,100 pending rate

Where your money goes

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

Schools
$417 66.3%
County
$122 19.4%
Municipal
$90 14.3%
District school (1.064)$256
Regional / consolidated school (0.665)$160
County (0.421)$101
County library (0.043)$10
County open space (0.041)$10
Municipal purpose (0.342)$82
Municipal open space (0.030)$7

Property details

Class3B
Building class10
Building
Land description32.29 AC.
Dwellings1
Commercial units
Year built
Acreage32.29
ZoningAR-2
Tax map page13
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale
Deed book / page

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.