216 W HEGEL AVE

Edison, Middlesex County · Block 848, Lot 7.1

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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)
-0.1%

Estimated tax down $12 ($10,134 → $10,122) using 2024→2025 rates (5.732 → 5.725) × assessed net.

Assessment net change: 0.0% ($176,800 → $176,800).

Assessment

Land$103,400
Improvements$73,400
Net (taxable assessed, 2026)$176,800
Town avg ratio used29.69% (Average ratio (Director’s / Chapter 123))
Implied equalized value$595,487
2025 tax (MOD-IV billed)$10,521.37
Est. 2025 tax @ general rate$10,122
Mailing address (2026)216 WEST HEGEL AVE, EDISON; NJ, 08820

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 $176,800
2025 $176,800 $10,521.37
2024 $176,800 $10,524.91
2023 $176,800 $10,468.32

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 $176,800 38.14% $463,555
2024 $176,800 36.48% $484,649 0.0% +4.6%
2025 $176,800 35.12% $503,417 0.0% +3.9%
2026 $176,800 29.69% $595,487 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 $176,800 5.703 $10,083 $10,468.32
2024 $176,800 5.732 $10,134 $10,524.91 +0.5%
2025 $176,800 5.725 $10,122 $10,521.37 -0.1%
2026 $176,800

Where your money goes

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

Schools
$5,550 54.8%
County
$1,750 17.3%
Municipal
$2,822 27.9%

Of the estimated change ($-12): schools ≈ +385.7%, county ≈ -28.6%, municipal ≈ -257.1%.

District school (3.139)$5,550
County (0.904)$1,598
County open space (0.086)$152
Municipal purpose (1.492)$2,638
Municipal open space (0.010)$18
Municipal library (0.094)$166

Property details

Class2
Building class17
Building1SF1G
Land description100X94
Dwellings1
Commercial units
Year built1958
Acreage0.2158
ZoningRBB
Tax map page93
Additional lots
Census tract / block
Special tax codesG01
MOD-IV current-year tax
Last sale$10 · 10/24/2019 · sale assessment $176,800 · SR1A 14
Deed book / page17680 / 01161

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.