168 MAIN ST

South, Middlesex County · Block 164, Lot 6

Show on map

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)
+4.8%

Estimated tax up $334 ($6,966 → $7,300) using 2024→2025 rates (2.547 → 2.669) × assessed net.

Assessment net change: 0.0% ($273,500 → $273,500).

Assessment

Land$86,800
Improvements$186,700
Net (taxable assessed, 2026)$273,500
Town avg ratio used60.61% (Average ratio (Director’s / Chapter 123))
Implied equalized value$451,246
2025 tax (MOD-IV billed)$7,299.72
Est. 2025 tax @ general rate$7,300
Mailing address (2026)168 MAIN STREET, 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 $273,500
2025 $273,500 $7,299.72
2024 $273,500 $6,966.05
2023 $273,500 $6,758.19

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 $273,500 81.92% $333,862
2024 $273,500 75.50% $362,252 0.0% +8.5%
2025 $273,500 67.56% $404,825 0.0% +11.8%
2026 $273,500 60.61% $451,246 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 $273,500 2.471 $6,758 $6,758.19
2024 $273,500 2.547 $6,966 $6,966.05 +3.1%
2025 $273,500 2.669 $7,300 $7,299.72 +4.8%
2026 $273,500

Where your money goes

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

Schools
$3,597 49.3%
County
$1,409 19.3%
Municipal
$2,295 31.4%

Of the estimated change ($334): schools ≈ +34.4%, county ≈ +29.5%, municipal ≈ +36.1%.

District school (1.315)$3,597
County (0.470)$1,285
County open space (0.045)$123
Municipal purpose (0.789)$2,158
Municipal library (0.050)$137

Property details

Class2
Building class16
Building1A-2S-1.5G
Land description40X168
Dwellings1
Commercial units
Year built1931
Acreage0.1543
Zoning
Tax map page
Additional lots6.01
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$1 · 12/26/2008 · sale assessment $79,000 · SR1A 25
Deed book / page06111 / 00654

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.