ONE SQUIBB DRIVE

North Brunswick Twp, Middlesex County · Block 194, Lot 18

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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)
+1.4%

Estimated tax up $115,111 ($8,418,542 → $8,533,653) using 2024→2025 rates (6.336 → 6.571) × assessed net.

Assessment net change: -2.3% ($132,868,400 → $129,868,400).

Assessment

Land$24,866,000
Improvements$107,240,300
Net (taxable assessed, 2026)$129,868,400
Town avg ratio used33.26% (Average ratio (Director’s / Chapter 123))
Implied equalized value$390,464,221
2025 tax (MOD-IV billed)$8,730,782.56
Est. 2025 tax @ general rate$8,533,653
Mailing address (2026)100 NASSAU PK BLVD SU TAX, PRINCETON NJ, 08540

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.

Building permits for ONE SQUIBB DRIVE

The New Jersey construction-permit file lists 42 permits for ONE SQUIBB DRIVE in North Brunswick Twp. 23 are still open in the state file. Permit 20230741, an alteration, was issued 25 May 2023 and is open in the state file. The reported cost is $276,000.

Permit Type Use Issued Closed Reported cost
20200844 Alteration Business Uses 29 Jul 2020 9 Sep 2022, Certificate of Approval $22,675
20210189 Alteration Business Uses 11 Feb 2021 27 Apr 2022, Certificate of Approval $153,184
20210351 Alteration Business Uses 15 Mar 2021 7 Jul 2021, Certificate of Approval $99,996
20210416 Alteration Business Uses 26 Mar 2021 16 Dec 2021, Certificate of Approval $258,553
20210751 Alteration Business Uses 20 May 2021 24 Mar 2022, Temporary Certificate of Occupancy $123,000
20210189+A Alteration Business Uses 25 May 2021 27 Apr 2022, Certificate of Approval $17,000
20210843+A Alteration Business Uses 11 Jun 2021 15 Jun 2022, Certificate of Approval $39,260
20210843 Alteration Business Uses 11 Jun 2021 15 Jun 2022, Certificate of Approval $901,000
20210853+A Alteration Business Uses 14 Jun 2021 22 Jun 2022, Certificate of Approval $3,370
20210853 Alteration Business Uses 14 Jun 2021 22 Jun 2022, Certificate of Approval $93,199
20211339 Alteration Business Uses 23 Aug 2021 6 Apr 2022, Certificate of Approval $1,568,700
20211370 Alteration Business Uses 9 Sep 2021 29 Jul 2022, Certificate of Approval $1,504,000
20210751+A Addition Business Uses 4 Oct 2021 24 Mar 2022, Temporary Certificate of Occupancy $615,000
20210843+B Alteration Business Uses 5 Oct 2021 15 Jun 2022, Certificate of Approval $116,035
20211824 Alteration Business Uses 6 Dec 2021 3 Feb 2022, Certificate of Approval $50,000
20210416+A Alteration Business Uses 10 Dec 2021 16 Dec 2021, Certificate of Approval $7,100
20220082 Alteration International Residential Code 18 Jan 2022 Open in the state file $68,288
20210751+D Alteration Business Uses 19 Jan 2022 Open in the state file $150,000
20210751+C Alteration Business Uses 19 Jan 2022 Open in the state file $3,269,000
20220174 Alteration Business Uses 7 Feb 2022 Open in the state file $19,800
20220235 Alteration Business Uses 15 Feb 2022 15 Jul 2022, Certificate of Approval $23,025
20220247 Alteration International Residential Code 16 Feb 2022 Open in the state file $119,368
20220283+A Alteration Business Uses 25 Feb 2022 Open in the state file $23,815
20220283 Alteration Business Uses 25 Feb 2022 Open in the state file $112,700
20220289 Alteration Business Uses 28 Feb 2022 29 Jun 2022, Certificate of Approval $34,800
20220328 Alteration Business Uses 9 Mar 2022 Open in the state file $60,768
20220440 Alteration Business Uses 6 Apr 2022 Open in the state file $60,368
20220464 Alteration Business Uses 11 Apr 2022 Open in the state file $390,182
20220480 Alteration International Residential Code 13 Apr 2022 Open in the state file $42,214
20220486 Alteration Business Uses 14 Apr 2022 Open in the state file $62,330
20220513 Alteration Business Uses 21 Apr 2022 Open in the state file $44,791
20220550 Alteration International Residential Code 26 Apr 2022 Open in the state file $982,000
20210843+C Alteration Business Uses 18 May 2022 15 Jun 2022, Certificate of Approval $5,800
20220962 Alteration Business Uses 13 Jul 2022 Open in the state file $100,000
20221163 Alteration Business Uses 15 Aug 2022 Open in the state file $108,500
20221232 Alteration Business Uses 23 Aug 2022 Open in the state file $178,000
20221237 Alteration Business Uses 23 Aug 2022 Open in the state file $234,147
20230624 Alteration Business Uses 3 May 2023 Open in the state file $426,600
20230661 Alteration Business Uses 9 May 2023 Open in the state file $546,000
20230719 Alteration Business Uses 19 May 2023 Open in the state file $768,500
20230741+A Alteration Business Uses 25 May 2023 Open in the state file $15,000
20230741 Alteration Business Uses 25 May 2023 Open in the state file $276,000

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 North Brunswick Twp construction office.

Flood zone for ONE SQUIBB DRIVE

FEMA’s flood map places the mapped point for ONE SQUIBB DRIVE in zone X.

The state’s 10-foot ground scan puts the lowest cell on this lot at 101.3 feet and the highest at 128 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 ONE SQUIBB DRIVE

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

This lot is within the New Brunswick 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 $129,868,400 —
2025 $132,868,400 $8,730,782.56
2024 $134,868,400 $8,545,261.82
2023 $134,868,400 $8,391,511.85

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 $134,868,400 40.83% $330,316,924 — —
2024 $134,868,400 40.44% $333,502,473 0.0% +1.0%
2025 $132,868,400 36.02% $368,873,959 -1.5% +10.6%
2026 $129,868,400 33.26% $390,464,221 -2.3% +5.9%

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 $134,868,400 6.222 $8,391,512 $8,391,511.85 —
2024 $134,868,400 6.336 $8,545,262 $8,545,261.82 +1.8%
2025 $132,868,400 6.571 $8,730,783 $8,730,782.56 +2.2%
2026 $129,868,400 — — — —

Where your money goes

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

Schools
$5,036,297 59.0%
County
$1,257,126 14.7%
Municipal
$2,240,230 26.3%

Of the estimated increase of $115,111, the school portion moved $4,731 down, the county portion $62,639 up, and the municipal portion $57,202 up. Those are pieces of the dollar change. They are not a change in each share of the rate.

District school (3.878)$5,036,297
County (0.884)$1,148,037
County open space (0.084)$109,089
Municipal purpose (1.603)$2,081,790
Municipal open space (0.030)$38,961
Municipal library (0.092)$119,479

Property details

Class4B — Industrial
Building class10 — not listed in the state appraisal manual
BuildingBMS MFG
Land description77.04 AC
Dwellings—
Commercial units—
Year built1968
Acreage77.04
ZoningI2 — town zoning code
Tax map page71
Additional lots—
Census tract / block—
Special tax codes—
MOD-IV current-year tax—
Last sale—
Deed book / page03267 / 00103

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.