26 APACHE WAY

Branchburg, Somerset County · Block 17.13, Lot 219

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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)
$7,567

Estimated annual tax: current net × 1.709 (rate year 2025). Year-over-year % is hidden until the 2026 general rate is available for this reval/reassess town.

Assessment net change: +7.6% ($411,400 → $442,800).

Assessment

Land$125,600
Improvements$317,200
Net (taxable assessed, 2026)$442,800
Town avg ratio used100.00% (Revaluation year (~100% of market))
Implied equalized value$442,800
2025 tax (MOD-IV billed)$7,030.83
Est. 2025 tax @ general rate$7,567
Mailing address (2026)26 APACHE WAY, BRANCHBURG NJ, 08876

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.

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 90.80% (often still reflecting the prior assessment base).

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 $442,800
2025 $411,400 $7,030.83
2024 $373,700 $6,741.55
2023 $349,400 $6,537.27

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 $349,400 88.01% $397,000
2024 $373,700 100.00% $373,700 +7.0% -5.9%
2025 $411,400 94.22% $436,638 +10.1% +16.8%
2026 $442,800 100.00% $442,800 +7.6% +1.4%

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 90.80% (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 $349,400 1.871 $6,537 $6,537.27
2024 $373,700 1.804 $6,742 $6,741.55 +3.1%
2025 $411,400 1.709 $7,031 $7,030.83 +4.3%
2026 $442,800 pending rate

Where your money goes

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

Schools
$4,472 59.1%
County
$1,523 20.1%
Municipal
$1,572 20.8%
District school (1.010)$4,472
County (0.277)$1,227
County library (0.037)$164
County open space (0.030)$133
Municipal purpose (0.305)$1,351
Municipal open space (0.050)$221

Property details

Class2
Building class19
BuildingREADINGTON
Land description.1338
Dwellings1
Commercial units
Year built1990
Acreage0.1338
ZoningMDR
Tax map page23
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$290,000 · 11/19/2015 · sale assessment $296,500 · SR1A 26
Deed book / page06841 / 02501

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). Estimates are not an official tax bill. Owner names are not shown. Full disclaimer.