3205 RT 22
Branchburg, Somerset County · Block 9.2, Lot 30
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 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: +7.0% ($1,140,000 → $1,220,000).
Assessment
| Land | $1,065,000 |
|---|---|
| Improvements | $155,000 |
| Net (taxable assessed, 2026) | $1,220,000 |
| Town avg ratio used | 100.00% (Revaluation year (~100% of market)) |
| Implied equalized value | $1,220,000 |
| 2025 tax (MOD-IV billed) | $19,482.60 |
| Est. 2025 tax @ general rate | $20,850 |
| Mailing address (2026) | 135 ASPEN DR, CEDAR GROVE; NJ, 07009 |
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 (2025, 2026). Tax is the MOD-IV billed amount when present; otherwise —. Current mailing is in Assessment above.
| Year | Assessed net | Tax |
|---|---|---|
| 2026 | $1,220,000 | — |
| 2025 | $1,140,000 | $19,482.60 |
Assessed value & ratio history
Parcel assessed nets come from MOD-IV year files (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 | — | 88.01% | — | — | — |
| 2024 | — | 100.00% | — | — | — |
| 2025 | $1,140,000 | 94.22% | $1,209,934 | — | — |
| 2026 | $1,220,000 | 100.00% | $1,220,000 | +7.0% | +0.8% |
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 | — | 1.871 | — | — | — |
| 2024 | — | 1.804 | — | — | — |
| 2025 | $1,140,000 | 1.709 | $19,483 | $19,482.60 | — |
| 2026 | $1,220,000 | — | — | — | pending rate |
Where your money goes
Component $ = net × (component rate ÷ 100). Percents are share of school + county + municipal components for rate year 2025.
| District school (1.010) | $12,322 |
|---|---|
| County (0.277) | $3,379 |
| County library (0.037) | $451 |
| County open space (0.030) | $366 |
| Municipal purpose (0.305) | $3,721 |
| Municipal open space (0.050) | $610 |
Property details
| Class | 4A |
|---|---|
| Building class | 10 |
| Building | 1SM-DINER |
| Land description | 1.6529 |
| Dwellings | 1 |
| Commercial units | — |
| Year built | 2000 |
| Acreage | 1.6529 |
| Zoning | I-I |
| Tax map page | 4 |
| Additional lots | 4554 DINER-LOUKAS |
| Census tract / block | — |
| Special tax codes | — |
| MOD-IV current-year tax | — |
| Last sale | $1,050,000 · 5/19/2023 · sale assessment $1,568,000 |
| Deed book / page | 07511 / 01289 |
See this lot on the statewide map, then come back for the full tax story.
Show on mapSources: 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.