54 WILCOX AVE
South, Middlesex County · Block 119, Lot 5.1
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 up $507 ($10,578 → $11,084) using 2024→2025 rates (2.547 → 2.669) × assessed net.
Assessment net change: 0.0% ($415,300 → $415,300).
Assessment
| Land | $145,000 |
|---|---|
| Improvements | $270,300 |
| Net (taxable assessed, 2026) | $415,300 |
| Town avg ratio used | 60.61% (Average ratio (Director’s / Chapter 123)) |
| Implied equalized value | $685,200 |
| 2025 tax (MOD-IV billed) | $11,084.36 |
| Est. 2025 tax @ general rate | $11,084 |
| Mailing address (2026) | 54 WILCOX AVE, SOUTH RIVER; NJ, 08882 |
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 | $415,300 | — |
| 2025 | $415,300 | $11,084.36 |
| 2024 | $415,300 | $10,577.69 |
| 2023 | $415,300 | $10,262.06 |
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 | $415,300 | 81.92% | $506,958 | — | — |
| 2024 | $415,300 | 75.50% | $550,066 | 0.0% | +8.5% |
| 2025 | $415,300 | 67.56% | $614,713 | 0.0% | +11.8% |
| 2026 | $415,300 | 60.61% | $685,200 | 0.0% | +11.5% |
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 | $415,300 | 2.471 | $10,262 | $10,262.06 | — |
| 2024 | $415,300 | 2.547 | $10,578 | $10,577.69 | +3.1% |
| 2025 | $415,300 | 2.669 | $11,084 | $11,084.36 | +4.8% |
| 2026 | $415,300 | — | — | — | — |
Where your money goes
Component $ = net × (component rate ÷ 100). Percents are share of school + county + municipal components for rate year 2025.
Of the estimated change ($507): schools ≈ +34.4%, county ≈ +29.5%, municipal ≈ +36.1%.
| District school (1.315) | $5,461 |
|---|---|
| County (0.470) | $1,952 |
| County open space (0.045) | $187 |
| Municipal purpose (0.789) | $3,277 |
| Municipal library (0.050) | $208 |
Property details
| Class | 2 |
|---|---|
| Building class | 17 |
| Building | 1A-2S-2G |
| Land description | 126X100 |
| Dwellings | 1 |
| Commercial units | — |
| Year built | 1925 |
| Acreage | 0.2893 |
| Zoning | — |
| Tax map page | 13 |
| Additional lots | — |
| Census tract / block | — |
| Special tax codes | — |
| MOD-IV current-year tax | — |
| Last sale | $429,000 · 5/30/2018 · sale assessment $112,000 |
| Deed book / page | 17204 / 00005 |
See this lot on the statewide map, then come back for the full tax story.
Show on mapSources: 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.