7 ARROWHEAD DR

Branchburg, Somerset County · Block 76.6, Lot 2

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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)
$14,149

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: +8.8% ($760,900 → $827,900).

Assessment

Land$189,500
Improvements$638,400
Net (taxable assessed, 2026)$827,900
Town avg ratio used100.00% (Revaluation year (~100% of market))
Implied equalized value$827,900
2025 tax (MOD-IV billed)$13,003.78
Est. 2025 tax @ general rate$14,149
Mailing address (2026)7 ARROWHEAD DR, NESHANIC STA NJ, 08853

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 $827,900
2025 $760,900 $13,003.78
2024 $685,500 $12,366.42
2023 $635,700 $11,893.95

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 $635,700 88.01% $722,304
2024 $685,500 100.00% $685,500 +7.8% -5.1%
2025 $760,900 94.22% $807,578 +11.0% +17.8%
2026 $827,900 100.00% $827,900 +8.8% +2.5%

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 $635,700 1.871 $11,894 $11,893.95
2024 $685,500 1.804 $12,366 $12,366.42 +4.0%
2025 $760,900 1.709 $13,004 $13,003.78 +5.2%
2026 $827,900 pending rate

Where your money goes

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

Schools
$8,362 59.1%
County
$2,848 20.1%
Municipal
$2,939 20.8%
District school (1.010)$8,362
County (0.277)$2,293
County library (0.037)$306
County open space (0.030)$248
Municipal purpose (0.305)$2,525
Municipal open space (0.050)$414

Property details

Class2
Building class20
Building2S-F-L-2AG
Land description1.51
Dwellings1
Commercial units
Year built1981
Acreage1.51
ZoningLD
Tax map page11
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$362,500 · 7/22/1998 · sale assessment $319,500
Deed book / page02183 / 00896

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.