7 MAC ARTHUR DR

Edison, Middlesex County · Block 730.8, Lot 6.2

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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 $7 ($5,336 → $5,330) using 2024→2025 rates (5.732 → 5.725) × assessed net.

Assessment net change: 0.0% ($93,100 → $93,100).

Assessment

Land$42,200
Improvements$50,900
Net (taxable assessed, 2026)$93,100
Town avg ratio used29.69% (Average ratio (Director’s / Chapter 123))
Implied equalized value$313,574
2025 tax (MOD-IV billed)$5,540.39
Est. 2025 tax @ general rate$5,330
Mailing address (2026)7 MACARTHUR DR, EDISON; NJ, 08837

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 $93,100
2025 $93,100 $5,540.39
2024 $82,100 $4,887.41
2023 $82,100 $4,861.14

Mailing changed in 2025 to 7 MACARTHUR DR, EDISON; NJ, 08837.

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 $82,100 38.14% $215,260
2024 $82,100 36.48% $225,055 0.0% +4.6%
2025 $93,100 35.12% $265,091 +13.4% +17.8%
2026 $93,100 29.69% $313,574 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 $82,100 5.703 $4,682 $4,861.14
2024 $82,100 5.732 $4,706 $4,887.41 +0.5%
2025 $93,100 5.725 $5,330 $5,540.39 +13.3%
2026 $93,100

Where your money goes

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

Schools
$2,922 54.8%
County
$922 17.3%
Municipal
$1,486 27.9%

Of the estimated change ($-7): schools ≈ +385.7%, county ≈ -28.6%, municipal ≈ -257.1%.

District school (3.139)$2,922
County (0.904)$842
County open space (0.086)$80
Municipal purpose (1.492)$1,389
Municipal open space (0.010)$9
Municipal library (0.094)$88

Property details

Class2
Building class27
Building2SF
Land description24X100
Dwellings1
Commercial units
Year built1942
Acreage0.0551
ZoningRB
Tax map page193
Additional lots
Census tract / block
Special tax codesG01
MOD-IV current-year tax
Last sale$390,000 · 9/13/2024 · sale assessment $82,100 · SR1A 07
Deed book / page19558 / 01377

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.