154 PLAINFIELD AVE

Edison, Middlesex County · Block 159, Lot 47

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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)
-0.1%

Estimated tax down $9 ($7,475 → $7,465) using 2024→2025 rates (5.732 → 5.725) × assessed net.

Assessment net change: 0.0% ($130,400 → $130,400).

Assessment

Land$82,000
Improvements$48,400
Net (taxable assessed, 2026)$130,400
Town avg ratio used29.69% (Average ratio (Director’s / Chapter 123))
Implied equalized value$439,205
2025 tax (MOD-IV billed)$7,760.10
Est. 2025 tax @ general rate$7,465
Mailing address (2026)154 PLAINFIELD AVE, EDISON; NJ, 08817

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 $130,400
2025 $130,400 $7,760.10
2024 $122,600 $7,762.72
2023 $120,900 $7,158.49

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 $120,900 38.14% $316,990
2024 $122,600 36.48% $336,075 +1.4% +6.0%
2025 $130,400 35.12% $371,298 +6.4% +10.5%
2026 $130,400 29.69% $439,205 0.0% +18.3%

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 $120,900 5.703 $6,895 $7,158.49
2024 $122,600 5.732 $7,027 $7,762.72 +1.9%
2025 $130,400 5.725 $7,465 $7,760.10 +6.2%
2026 $130,400

Where your money goes

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

Schools
$4,093 54.8%
County
$1,291 17.3%
Municipal
$2,081 27.9%

Of the estimated change ($-9): schools ≈ +385.7%, county ≈ -28.6%, municipal ≈ -257.1%.

District school (3.139)$4,093
County (0.904)$1,179
County open space (0.086)$112
Municipal purpose (1.492)$1,946
Municipal open space (0.010)$13
Municipal library (0.094)$123

Property details

Class2
Building class16
Building1SF1G
Land description74X100 IRR
Dwellings1
Commercial units
Year built1952
Acreage0.1377
ZoningRB
Tax map page28
Additional lots
Census tract / block
Special tax codesG01
MOD-IV current-year tax
Last sale$470,000 · 4/19/2024 · sale assessment $122,600 · SR1A 07
Deed book / page19448 / 00713

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.