420-424 RARITAN AVE

Highland Park Boro, Middlesex County · Block 3002, Lot 3

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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)
+6.3%

Estimated tax up $6,154 ($97,935 → $104,089) using 2024→2025 rates (2.562 → 2.723) × assessed net.

Assessment net change: 0.0% ($3,822,600 → $3,822,600).

Assessment

Land$1,995,900
Improvements$1,826,700
Net (taxable assessed, 2026)$3,822,600
Town avg ratio used94.73% (Average ratio (Director’s / Chapter 123))
Implied equalized value$4,035,258
2025 tax (MOD-IV billed)$109,135.23
Est. 2025 tax @ general rate$104,089
Mailing address (2026)1333 COLLEGE PKWY #1015, GULF BREEZ; FL, 32563

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 01 — Sale between members of the immediate family marks it non-usable, or the price is a nominal amount.

Building permits for 420-424 RARITAN AVE

The New Jersey construction-permit file lists 7 permits for 420-424 RARITAN AVE in Highland Park Boro. 6 are still open in the state file. Permit 24-077+C, an alteration, was issued 11 Jun 2024 and is open in the state file. The reported cost is $28,000.

Permit Type Use Issued Closed Reported cost
21-441 Alteration International Residential Code 23 Sep 2021 13 Oct 2021, Certificate of Approval $300
22-222 Alteration International Residential Code 9 May 2022 Open in the state file $5,000
22-444 Alteration International Residential Code 29 Sep 2022 Open in the state file $500
24-077 Alteration Business Uses 26 Feb 2024 Open in the state file $295,000
24-077+A Alteration Business Uses 19 Apr 2024 Open in the state file $110,000
24-077+B Alteration Business Uses 30 Apr 2024 Open in the state file $4,500
24-077+C Alteration Business Uses 11 Jun 2024 Open in the state file $28,000

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 Highland Park Boro construction office.

Flood zone for 420-424 RARITAN AVE

FEMA’s flood map places the mapped point for 420-424 RARITAN AVE in zone X.

The state’s 10-foot ground scan puts the lowest cell on this lot at 86.5 feet and the highest at 97.2 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 420-424 RARITAN AVE

This lot is within the Middlesex County UA sewer system. Please verify with the provider.

This lot is within the Highland Park 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 $3,822,600 —
2025 $3,822,600 $109,135.23
2024 $3,822,600 $102,827.94
2023 $3,822,600 $100,457.93

Mailing changed in 2024 to 220 PALAFOX PL, PENSACOLA; FL, 32502.

Mailing changed in 2025 to 1333 COLLEGE PKWY #1015, GULF BREEZ; FL, 32563.

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 $3,822,600 37.49% $10,196,319 — —
2024 $3,822,600 100.00% $3,822,600 0.0% -62.5%
2025 $3,822,600 100.00% $3,822,600 0.0% 0.0%
2026 $3,822,600 94.73% $4,035,258 0.0% +5.6%

2024: Published average ratio exceeded 100%; New Jersey treats that as 100% for equalization.

2025: Published average ratio exceeded 100%; New Jersey treats that as 100% for equalization.

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 $3,822,600 2.498 $95,489 $100,457.93 —
2024 $3,822,600 2.562 $97,935 $102,827.94 +2.6%
2025 $3,822,600 2.723 $104,089 $109,135.23 +6.3%
2026 $3,822,600 — — — —

Where your money goes

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

Schools
$63,532 61.0%
County
$12,882 12.4%
Municipal
$27,676 26.6%

Of the estimated increase of $6,154, the school portion moved $4,664 up, the county portion $650 up, and the municipal portion $841 up. Those are pieces of the dollar change. They are not a change in each share of the rate.

District school (1.662)$63,532
County (0.308)$11,774
County open space (0.029)$1,109
Municipal purpose (0.692)$26,452
Municipal library (0.032)$1,223

Property details

Class4A — Commercial
Building class10 — not listed in the state appraisal manual
Building26838SF STP&SHP
Land description284X300
Dwellings1
Commercial units—
Year built—
Acreage1.9559
Zoning—
Tax map page30
Additional lots4;5;6;8;30;37
Census tract / block—
Special tax codesS01 — Special improvement district 1
MOD-IV current-year tax—
Last sale$1 · 2/28/1997 · sale assessment $1,355,800 · SR1A 01 — Sale between members of the immediate family
Deed book / page04396 / 00448

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.