215-217 GROVE AVE

Middlesex, Middlesex County · Block 264, Lot 11.2

Show on map

Assessment year 2026 · Rate year 2025 · Prior rate 2024

2026 revaluation/reassessment town — 2026 general tax rate not in our warehouse yet. Showing 2025 rate against 2026 assessments; YoY % is withheld until the matching rate posts.

Estimated tax story (homeowner view)
$15,014

Estimated annual tax: current net × 2.120 (rate year 2025). Year-over-year % is hidden until the 2026 general rate is available for this reval/reassess town.

Assessment net change: -5.0% ($745,500 → $708,200).

Assessment

Land$155,000
Improvements$553,200
Net (taxable assessed, 2026)$708,200
Town avg ratio used100.00% (Revaluation year (~100% of market))
Implied equalized value$708,200
2025 tax (MOD-IV billed)$15,804.60
Est. 2025 tax @ general rate$15,014
Mailing address (2026)215-217 GROVE AVE, MIDDLESEX; NJ, 08846

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.

This town revalued/reassessed for tax year 2026. New assessments are set near true market value, so we treat the ratio as ~100% for this year. Published Chapter 123 average ratio for appeals/statistics is still 97.52% (often still reflecting the prior assessment base).

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 $708,200
2025 $745,500 $15,804.60
2024 $617,200 $14,282.01
2023 $617,200 $13,596.92

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 $617,200 23.62% $2,613,040
2024 $617,200 99.39% $620,988 0.0% -76.2%
2025 $745,500 94.17% $791,653 +20.8% +27.5%
2026 $708,200 100.00% $708,200 -5.0% -10.5%

2026: This town revalued/reassessed for tax year 2026. New assessments are set near true market value, so we treat the ratio as ~100% for this year. Published Chapter 123 average ratio for appeals/statistics is still 97.52% (often still reflecting the prior assessment base).

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 $617,200 2.203 $13,597 $13,596.92
2024 $617,200 2.314 $14,282 $14,282.01 +5.0%
2025 $745,500 2.120 $15,805 $15,804.60 +10.7%
2026 $708,200 pending rate

Where your money goes

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

Schools
$8,059 53.7%
County
$2,401 16.0%
Municipal
$4,554 30.3%
District school (1.138)$8,059
County (0.310)$2,195
County open space (0.029)$205
Municipal purpose (0.611)$4,327
Municipal library (0.032)$227

Property details

Class2
Building class47
Building2SF 2FAMILY
Land description94X287 AVG
Dwellings2
Commercial units
Year built1990
Acreage0.6193
ZoningR60B
Tax map page
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$1 · 6/19/2018 · sale assessment $137,000 · SR1A 01
Deed book / page17232 / 01914

See this lot on the statewide map, then come back for the full tax story.

Show on map

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.