38 WELSH RD
Tewksbury, Hunterdon County · Block 37, Lot 6, Qual Q6210
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 $2 ($41 → $43) using 2024→2025 rates (2.429 → 2.519) × assessed net.
Assessment net change: 0.0% ($1,700 → $1,700).
Assessment
| Land | $1,700 |
|---|---|
| Improvements | $0 |
| Net (taxable assessed, 2026) | $1,700 |
| Town avg ratio used | 74.02% (Average ratio (Director’s / Chapter 123)) |
| Implied equalized value | $2,297 |
| 2025 tax (MOD-IV billed) | $42.82 |
| Est. 2025 tax @ general rate | $43 |
| Mailing address (2026) | 38 WELSH ROAD, LEBANON; NJ, 08833 |
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 | $1,700 | — |
| 2025 | $1,700 | $42.82 |
| 2024 | $1,900 | $46.15 |
| 2023 | $1,900 | $44.88 |
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 | $1,900 | 88.23% | $2,153 | — | — |
| 2024 | $1,900 | 82.70% | $2,297 | 0.0% | +6.7% |
| 2025 | $1,700 | 78.47% | $2,166 | -10.5% | -5.7% |
| 2026 | $1,700 | 74.02% | $2,297 | 0.0% | +6.0% |
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 | $1,900 | 2.362 | $45 | $44.88 | — |
| 2024 | $1,900 | 2.429 | $46 | $46.15 | +2.8% |
| 2025 | $1,700 | 2.519 | $43 | $42.82 | -7.2% |
| 2026 | $1,700 | — | — | — | — |
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 ($2): schools ≈ +46.7%, county ≈ +23.3%, municipal ≈ +30.0%.
| District school (0.927) | $16 |
|---|---|
| Regional / consolidated school (0.648) | $11 |
| County (0.391) | $7 |
| County library (0.040) | $1 |
| County open space (0.038) | $1 |
| Municipal purpose (0.425) | $7 |
| Municipal open space (0.050) | $1 |
Property details
| Class | 3B |
|---|---|
| Building class | — |
| Building | 2SF |
| Land description | 8.12 AC |
| Dwellings | — |
| Commercial units | — |
| Year built | — |
| Acreage | 8.12 |
| Zoning | PM |
| Tax map page | 62 |
| 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.
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.