105-119 FRANKLIN ST.

Hightstown Boro, Mercer County · Block 26, Lot 22.1

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Assessment year 2026 · Rate year 2025 · Prior rate 2024

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 story (homeowner view)
+3.9%

Estimated tax up $3,389 ($87,960 → $91,349) using 2024→2025 rates (4.903 → 5.109) × assessed net.

Assessment net change: -0.3% ($1,794,000 → $1,788,000).

Assessment

Land$687,000
Improvements$1,101,000
Net (taxable assessed, 2026)$1,788,000
Town avg ratio used55.40% (Average ratio (Director’s / Chapter 123))
Implied equalized value$3,227,437
2025 tax (MOD-IV billed)$91,655.46
Est. 2025 tax @ general rate$91,349
Mailing address (2026)715 GREEN POND ROAD, ROCKAWAY; NJ, 07866

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.

The stored sale is not used for a change-since-sale figure. SR1A 04 — Transfer of convenience, such as a deed to correct the title marks it non-usable, or the price is a nominal amount.

Building permits for 105-119 FRANKLIN ST.

The New Jersey construction-permit file lists 1 permit for 105-119 FRANKLIN ST. in Hightstown Boro. Permit 000020210159, an alteration, was issued 20 Aug 2021 and closed 21 Dec 2021 with a Certificate of Approval. The reported cost is $6,000.

Permit Type Use Issued Closed Reported cost
000020210159 Alteration Mercantile buildings 20 Aug 2021 21 Dec 2021, Certificate of Approval $6,000

The file does not name the work. This file is a full record from 2021 on. Older permits are mostly missing. A repair from before then can be absent here and still be at the Hightstown Boro construction office.

Flood zone for 105-119 FRANKLIN ST.

FEMA’s flood map places the mapped point for 105-119 FRANKLIN ST. in zone X.

The state’s 10-foot ground scan puts the lowest cell on this lot at 83 feet and the highest at 92.2 feet (NAVD88).

These figures are estimates. The zone and any flood elevation come from FEMA’s flood map at a point for this address, and that point can fall in the street. The high and low come from the state’s 10-foot ground scan of the lot outline. A cell can catch a ditch, the street, or the edge of the lot. They are not a survey and not an insurance rating. A licensed surveyor measures the ground and the building. The town floodplain administrator, or a licensed engineer, confirms what the zone means for this lot. No zone at this point, or zone X, does not mean the lot will not flood.

Water and sewer for 105-119 FRANKLIN ST.

This lot is within the Hightstown Borough STP sewer system. Please verify with the provider.

This lot is within the Hightstown WD water system. Please verify with the provider.

These lines come from the state’s sewer service areas and public community water areas, read at a point for this address. That point can fall in the street. Being inside a named area means the lot is inside that mapped system, not that a pipe or a meter is on the house. Being outside means the lot is outside the mapped service area, which is usually a septic system or a private well. It is not a hookup record. Please verify with the provider. How we read water and sewer.

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 $1,788,000 —
2025 $1,794,000 $91,655.46
2024 $1,794,000 $87,959.82
2023 $1,794,000 $87,062.82

Mailing changed in 2024 to 715 GREEN POND ROAD, ROCKAWAY; NJ, 07866.

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 $1,794,000 73.49% $2,441,148 — —
2024 $1,794,000 68.06% $2,635,909 0.0% +8.0%
2025 $1,794,000 59.33% $3,023,765 0.0% +14.7%
2026 $1,788,000 55.40% $3,227,437 -0.3% +6.7%

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 $1,794,000 4.853 $87,063 $87,062.82 —
2024 $1,794,000 4.903 $87,960 $87,959.82 +1.0%
2025 $1,794,000 5.109 $91,655 $91,655.46 +4.2%
2026 $1,788,000 — — — —

Where your money goes

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

Schools
$42,626 46.7%
County
$17,934 19.6%
Municipal
$30,789 33.7%

Of the estimated increase of $3,389, the school portion moved $521 up, the county portion $1,375 up, and the municipal portion $1,493 up. Those are pieces of the dollar change. They are not a change in each share of the rate.

Regional / consolidated school (2.384)$42,626
County (0.871)$15,573
County library (0.081)$1,448
County open space (0.051)$912
Municipal purpose (1.722)$30,789

Property details

Class4A — Commercial
Building class10 — not listed in the state appraisal manual
Building1SCB
Land description1.235
Dwellings1
Commercial units—
Year built—
Acreage1.235
ZoningDTC — town zoning code
Tax map page11
Additional lots—
Census tract / block—
Special tax codes—
MOD-IV current-year tax—
Last sale$1 · 10/26/1998 · sale assessment $1,000,000 · SR1A 04 — Transfer of convenience, such as a deed to correct the title
Deed book / page03478 / 00215

The class, building class, SR1A, and special-tax words are the state’s names for those codes. The zoning code is the town’s. A code that is not on the state list keeps the code and says so.

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). Building permits are read live from the NJ construction-permit file for this block and lot. The flood zone is read live from FEMA’s flood map at a point for this address. The high and low are read live from the state’s 10-foot ground scan. Water and sewer are read live from the state’s service-area maps at that same point. Those map readings are estimates, not a survey and not a hookup record. Estimates are not an official tax bill. Owner names are not shown. Water and sewer · Full disclaimer.