403 KING GEORGE RD

Bernards Twp, Somerset County · Block 8501, Lot 39.1

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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)
$971,165

Estimated annual tax: current net × 1.688 (rate year 2025). Year-over-year % is hidden until the 2026 general rate is available for this reval/reassess town.

Assessment net change: +2.1% ($56,348,500 → $57,533,500).

Assessment

Land$9,445,400
Improvements$48,088,100
Net (taxable assessed, 2026)$57,533,500
Town avg ratio used100.00% (Revaluation year (~100% of market))
Implied equalized value$57,533,500
2025 tax (MOD-IV billed)$951,162.68
Est. 2025 tax @ general rate$971,165
Mailing address (2026)820 MORRIS TPKE #301, SHORT HILLS NJ, 07078

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.

The stored sale is not used for a change-since-sale figure. SR1A 25 — Full consideration under $100 marks it non-usable, or the price is a nominal amount.

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 95.12% (often still reflecting the prior assessment base).

Building permits for 403 KING GEORGE RD

The New Jersey construction-permit file lists 15 permits for 403 KING GEORGE RD in Bernards Twp. 5 are still open in the state file. Permit 20260247, an alteration, was issued 17 Feb 2026 and closed 24 Feb 2026 with a Continued Certificate of Occupancy. The reported cost is $4.

Permit Type Use Issued Closed Reported cost
20240207 Alteration Business Uses 22 Feb 2024 11 Jul 2024, Certificate of Approval $20,000
20240234 Alteration Business Uses 27 Feb 2024 11 Sep 2024, Certificate of Approval $3,715
20240256 Alteration Business Uses 1 Mar 2024 5 Mar 2024, Certificate of Approval $500
20240416 Alteration Accessory buildings and miscellaneous structures 26 Mar 2024 11 Sep 2024, Certificate of Approval $2,630
20240207+A Alteration Business Uses 2 Apr 2024 Open in the state file $10,000
20240207+B Alteration Business Uses 3 Jun 2024 Open in the state file $13,000
20241833 Alteration Accessory buildings and miscellaneous structures 12 Nov 2024 Open in the state file $3,566
20250621 Alteration Business Uses 23 Apr 2025 26 Jun 2025, Certificate of Approval $1,500
20250645 Alteration Business Uses 29 Apr 2025 27 Oct 2025, Certificate of Approval $20,152
20250860 Alteration Accessory buildings and miscellaneous structures 9 Jun 2025 22 Jul 2025, Certificate of Approval $5,278
20251009 Alteration Business Uses 27 Jun 2025 8 Oct 2025, Certificate of Approval $131,000
20251009+A Alteration Business Uses 16 Sep 2025 Open in the state file $800
20251009+B Alteration Business Uses 30 Sep 2025 Open in the state file $2,000
20260128 Alteration Mercantile buildings 27 Jan 2026 5 Feb 2026, Certificate of Approval $3,000
20260247 Alteration Mercantile buildings 17 Feb 2026 24 Feb 2026, Continued Certificate of Occupancy $4

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 Bernards Twp construction office.

Flood zone for 403 KING GEORGE RD

FEMA’s flood map places the mapped point for 403 KING GEORGE RD in zone X.

The state’s 10-foot ground scan puts the lowest cell on this lot at 208.7 feet and the highest at 224.7 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 403 KING GEORGE RD

This lot is most likely on septic because it is outside the mapped sewer service area. Please verify.

This lot is most likely on a well because it is outside the mapped public water service area. Please verify.

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 $57,533,500 —
2025 $56,348,500 $951,162.68
2024 $45,858,000 $815,813.82
2023 $32,096,400 $864,881.88

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 $32,096,400 93.16% $34,452,984 — —
2024 $45,858,000 100.00% $45,858,000 +42.9% +33.1%
2025 $56,348,500 93.83% $60,053,821 +22.9% +31.0%
2026 $57,533,500 100.00% $57,533,500 +2.1% -4.2%

2024: Published average ratio exceeded 100%; New Jersey treats that as 100% for equalization.

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 95.12% (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 $32,096,400 1.886 $605,338 $864,881.88 —
2024 $45,858,000 1.779 $815,814 $815,813.82 +34.8%
2025 $56,348,500 1.688 $951,163 $951,162.68 +16.6%
2026 $57,533,500 — — — pending rate

Where your money goes

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

Schools
$629,992 64.9%
County
$177,203 18.2%
Municipal
$163,970 16.9%
District school (1.095)$629,992
County (0.278)$159,943
County open space (0.030)$17,260
Municipal purpose (0.253)$145,560
Municipal library (0.032)$18,411

Property details

Class4A — Commercial
Building class10 — not listed in the state appraisal manual
BuildingDEWEY MEADOW
Land description22.03AC
Dwellings1
Commercial units—
Year built2001
Acreage22.03
ZoningB5 — town zoning code
Tax map page85
Additional lots43;343 SF/198 APTS
Census tract / block—
Special tax codes—
MOD-IV current-year tax—
Last sale$2,100,000 · 5/17/2000 · sale assessment $2,400,000 · SR1A 25 — Full consideration under $100
Deed book / page02303 / 00285

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.