194 WOOD AVE S

Woodbridge Twp, Middlesex County · Block 356.2, Lot 13.2

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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)
-35.1%

Estimated tax down $910,553 ($2,595,313 → $1,684,760) using 2024→2025 rates (11.634 → 12.034) × assessed net.

Assessment net change: -37.2% ($22,308,000 → $14,000,000).

Assessment

Land$2,808,000
Improvements$11,192,000
Net (taxable assessed, 2026)$14,000,000
Town avg ratio used17.28% (Average ratio (Director’s / Chapter 123))
Implied equalized value$81,018,519
2025 tax (MOD-IV billed)$2,778,907.56
Est. 2025 tax @ general rate$1,684,760
Mailing address (2026)1140 AVE OF THE AMERICAS, NEW YORK; NY, 100365803

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.

Change since the 2020 sale of $140,000,000: implied equalized value $81,018,519 is $58,981,481 below that sale. This is not an appraisal.

Building permits for 194 WOOD AVE S

The New Jersey construction-permit file lists 27 permits for 194 WOOD AVE S in Woodbridge Twp. 26 are still open in the state file. Permit 20260038+E, an alteration, was issued 18 Jun 2026 and is open in the state file. The reported cost is $7,000.

Permit Type Use Issued Closed Reported cost
000020210852 Alteration Business Uses 7 Apr 2021 Open in the state file $17,400
000020213089 Alteration Business Uses 1 Nov 2021 Open in the state file $2,160,000
000020220015 Alteration Business Uses 4 Jan 2022 Open in the state file $57,930
00020213089U Alteration Business Uses 14 Jan 2022 Open in the state file $42,950
00020213089U Alteration Business Uses 1 Feb 2022 Open in the state file $180,000
000020220389 Alteration Business Uses 9 Feb 2022 Open in the state file $1
20222822 Alteration Business Uses 22 Sep 2022 Open in the state file $6,000
20213089+D Alteration Business Uses 18 Oct 2022 Open in the state file $16,000
20213089+F Alteration Business Uses 2 Dec 2022 Open in the state file $2,500
20213089+E Alteration Business Uses 2 Dec 2022 Open in the state file $4,200
20213089+C Alteration Business Uses 2 Dec 2022 Open in the state file $5,000
20231775 Alteration Business Uses 13 Jun 2023 Open in the state file $323,800
20231775+A Alteration Business Uses 17 Aug 2023 Open in the state file $0
20232883 Alteration Accessory buildings and miscellaneous structures 22 Sep 2023 Open in the state file $98,000
20240130 Alteration Business Uses 17 Jan 2024 Open in the state file $8,600,000
20240769 Alteration Accessory buildings and miscellaneous structures 25 Mar 2024 24 Jun 2024, Certificate of Approval $2,601
20240130+A Alteration Business Uses 3 Apr 2024 Open in the state file $80,500
20240130+B Alteration Business Uses 8 May 2024 Open in the state file $40,000
20252140 Alteration Business Uses 31 Jul 2025 Open in the state file $10,225
20253199 Alteration Business Uses 31 Oct 2025 Open in the state file $131,900
20253689 Alteration Business Uses 23 Dec 2025 Open in the state file $489,462
20260038 Alteration Business Uses 6 Jan 2026 Open in the state file $6,106,000
20260038+A Alteration Business Uses 30 Mar 2026 Open in the state file $353,500
20260038+B Alteration Business Uses 19 May 2026 Open in the state file $0
20260038+D Alteration Business Uses 15 Jun 2026 Open in the state file $320,000
20260038+C Alteration Business Uses 18 Jun 2026 Open in the state file $300,100
20260038+E Alteration Business Uses 18 Jun 2026 Open in the state file $7,000

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 Woodbridge Twp construction office.

Flood zone for 194 WOOD AVE S

The flood map could not be checked for 194 WOOD AVE S, because the address did not place a point on the map. Assessment and tax figures on this page are from our own records.

The state’s 10-foot ground scan puts the lowest cell on this lot at 41.6 feet and the highest at 88.5 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 194 WOOD AVE S

The water and sewer maps could not be checked for 194 WOOD AVE S, because the address did not place a point on the map.

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 $14,000,000 —
2025 $22,308,000 $2,778,907.56
2024 $22,308,000 $2,687,221.68
2023 $22,308,000 $2,628,105.48

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 $22,308,000 22.38% $99,678,284 — —
2024 $22,308,000 21.38% $104,340,505 0.0% +4.7%
2025 $22,308,000 18.67% $119,485,806 0.0% +14.5%
2026 $14,000,000 17.28% $81,018,519 -37.2% -32.2%

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 $22,308,000 11.381 $2,538,873 $2,628,105.48 —
2024 $22,308,000 11.634 $2,595,313 $2,687,221.68 +2.2%
2025 $22,308,000 12.034 $2,684,545 $2,778,907.56 +3.4%
2026 $14,000,000 — — — —

Where your money goes

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

Schools
$917,840 54.5%
County
$261,240 15.5%
Municipal
$505,680 30.0%

Of the estimated decrease of $910,553, the school portion moved $517,234 down, the county portion $116,658 down, and the municipal portion $276,662 down. Those are pieces of the dollar change. They are not a change in each share of the rate.

District school (6.556)$917,840
County (1.705)$238,700
County open space (0.161)$22,540
Municipal purpose (3.434)$480,760
Municipal library (0.178)$24,920

Property details

Class4A — Commercial
Building class10 — not listed in the state appraisal manual
Building9 STORY OFFICE
Land description14.04 ACRES
Dwellings1
Commercial units—
Year built—
Acreage14.04
Zoning—
Tax map page60
Additional lots—
Census tract / block—
Special tax codesF09 — Fire district 9
MOD-IV current-year tax—
Last sale$140,000,000 · 8/19/2020 · sale assessment $20,418,700
Deed book / page18012 / 00001

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.