41 BUFFALO HOLLOW RD

Branchburg, Somerset County · Block 17.13, Lot 431

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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)
$9,994

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: +10.3% ($530,200 → $584,800).

Assessment

Land$113,600
Improvements$471,200
Net (taxable assessed, 2026)$584,800
Town avg ratio used100.00% (Revaluation year (~100% of market))
Implied equalized value$584,800
2025 tax (MOD-IV billed)
Est. 2025 tax @ general rate$9,994
Mailing address (2026)41 BUFFALO HOLLOW RD, 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 $584,800
2025 $530,200
2024 $435,100 $7,849.20
2023 $405,700 $7,590.65

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 $405,700 88.01% $460,970
2024 $435,100 100.00% $435,100 +7.2% -5.6%
2025 $530,200 94.22% $562,726 +21.9% +29.3%
2026 $584,800 100.00% $584,800 +10.3% +3.9%

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 $405,700 1.871 $7,591 $7,590.65
2024 $435,100 1.804 $7,849 $7,849.20 +3.4%
2025 $530,200 1.709 $9,061 +15.4%
2026 $584,800 pending rate

Where your money goes

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

Schools
$5,906 59.1%
County
$2,012 20.1%
Municipal
$2,076 20.8%
District school (1.010)$5,906
County (0.277)$1,620
County library (0.037)$216
County open space (0.030)$175
Municipal purpose (0.305)$1,784
Municipal open space (0.050)$292

Property details

Class15F
Building class19
BuildingESSEX
Land description.0758
Dwellings1
Commercial units
Year built1988
Acreage0.0758
ZoningMDR
Tax map page23
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$580,000 · 9/30/2024 · sale assessment $435,100
Deed book / page07584 / 01104

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.