63 ABBY ROAD

Peapack Gladstone Boro, Somerset County · Block 28, Lot 24.2, Qual C022

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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)
$58,980

Estimated annual tax: current net × 1.577 (rate year 2025). Year-over-year % is hidden until the 2026 general rate is available for this reval/reassess town.

Assessment net change: +1.1% ($3,700,000 → $3,740,000).

Assessment

Land$440,000
Improvements$3,300,000
Net (taxable assessed, 2026)$3,740,000
Town avg ratio used100.00% (Revaluation year (~100% of market))
Implied equalized value$3,740,000
2025 tax (MOD-IV billed)$58,349.00
Est. 2025 tax @ general rate$58,980
Mailing address (2026)63 ABBY RD; PO BOX 121, PEAPACK; NJ, 07977

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 07 — Substantially improved after the assessment and before the sale marks it non-usable, or the price is a nominal amount.

This class 2 — residential (four families or less) — net assessment sits above the town class-2 average of $962,504.

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 100.69% (often still reflecting the prior assessment base).

Building permits for 63 ABBY ROAD

The New Jersey construction-permit file lists 50 permits for 63 ABBY ROAD in Peapack Gladstone Boro. 37 are still open in the state file. Permit 2022-217+A, a new building, was issued 19 Oct 2022 and is open in the state file. The reported cost is $75,000. The reported size is 6,100 square feet.

Permit Type Use Issued Closed Reported cost
2016-250 Addition Restaurants, Night Clubs, Dance Halls, and similar 15 Dec 2016 12 Sep 2022, Certificate of Occupancy $350,000
2020-147 New International Residential Code 1 Nov 2020 18 Feb 2022, Temporary Certificate of Occupancy $765,000
2020-145 New International Residential Code 1 Nov 2020 23 May 2022, Temporary Certificate of Occupancy $931,000
2021-084 New International Residential Code 30 Apr 2021 1 Aug 2023, Certificate of Occupancy $925,000
2021-083 New International Residential Code 30 Apr 2021 6 Jan 2023, Temporary Certificate of Occupancy $1,122,200
2021-200 New Hotels, motels, boarding houses, etc. 5 Oct 2021 25 Sep 2024, Temporary Certificate of Occupancy $23,000,000
2021-200+A New Hotels, motels, boarding houses, etc. 5 Oct 2021 Open in the state file $1,300,000
2020-145* Alteration International Residential Code 29 Nov 2021 Open in the state file $0
2020-147* Alteration International Residential Code 29 Nov 2021 Open in the state file $0
2021-241 Alteration International Residential Code 29 Nov 2021 Open in the state file $17,000
2021-246+A New International Residential Code 16 Dec 2021 Open in the state file $89,750
2021-247+A New International Residential Code 16 Dec 2021 Open in the state file $70,000
2021-249+A New International Residential Code 16 Dec 2021 Open in the state file $70,000
2021-248+A New International Residential Code 16 Dec 2021 Open in the state file $70,000
2022-013+A New International Residential Code 19 Jan 2022 Open in the state file $80,000
2022-012+A New International Residential Code 19 Jan 2022 Open in the state file $80,000
2020-147+C Alteration International Residential Code 1 Mar 2022 Open in the state file $22,700
2020-145+C Alteration International Residential Code 9 Mar 2022 Open in the state file $3,000
2020-145+E Alteration International Residential Code 14 Mar 2022 Open in the state file $22,700
2022-045 Alteration International Residential Code 17 Mar 2022 Open in the state file $10,500
2020-147+B Alteration International Residential Code 17 Mar 2022 Open in the state file $3,000
2020-147+D Alteration International Residential Code 17 Mar 2022 Open in the state file $25,000
2020-145+D New International Residential Code 17 Mar 2022 Open in the state file $35,000
2021-200+B Alteration Hotels, motels, boarding houses, etc. 21 Mar 2022 Open in the state file $700,000
2022-054 Addition International Residential Code 24 Mar 2022 29 Apr 2022, Temporary Certificate of Occupancy $1,511,000
2021-246+B Alteration International Residential Code 8 Apr 2022 Open in the state file $8,400
2021-246 New International Residential Code 8 Apr 2022 17 Nov 2023, Temporary Certificate of Occupancy $924,800
2021-247 New International Residential Code 8 Apr 2022 13 Aug 2024, Temporary Certificate of Occupancy $915,400
2021-247+B Alteration International Residential Code 8 Apr 2022 Open in the state file $17,800
2021-247+C Alteration International Residential Code 8 Apr 2022 Open in the state file $20,150
2022-054+A Alteration International Residential Code 28 Apr 2022 Open in the state file $2,000
2021-083+B Alteration International Residential Code 12 May 2022 Open in the state file $24,900
2021-084+A Alteration International Residential Code 12 May 2022 Open in the state file $24,000
2022-098 Alteration Hotels, motels, boarding houses, etc. 13 May 2022 27 May 2022, Certificate of Approval $0
2021-249+D Alteration International Residential Code 15 Jul 2022 Open in the state file $2,700
2022-012+C Alteration International Residential Code 22 Jul 2022 Open in the state file $600
2022-013+C Alteration International Residential Code 22 Jul 2022 Open in the state file $600
2022-012 New International Residential Code 22 Jul 2022 Open in the state file $978,600
2022-013+B Alteration International Residential Code 22 Jul 2022 Open in the state file $40,000
2022-013 New International Residential Code 22 Jul 2022 23 Dec 2025, Temporary Certificate of Occupancy $978,600
2022-012+B Alteration International Residential Code 22 Jul 2022 Open in the state file $40,000
2022-165 Alteration Hotels, motels, boarding houses, etc. 5 Aug 2022 19 Aug 2022, Certificate of Approval $4,375
2021-248 New International Residential Code 19 Oct 2022 13 Aug 2024, Temporary Certificate of Occupancy $905,800
2022-218+A New International Residential Code 19 Oct 2022 Open in the state file $75,000
2021-249 New International Residential Code 19 Oct 2022 Open in the state file $905,800
2021-248+B Alteration International Residential Code 19 Oct 2022 Open in the state file $8,400
2021-248+C Alteration International Residential Code 19 Oct 2022 Open in the state file $21,400
2021-249+B Alteration International Residential Code 19 Oct 2022 Open in the state file $8,800
2021-249+C Alteration International Residential Code 19 Oct 2022 Open in the state file $26,000
2022-217+A New International Residential Code 19 Oct 2022 Open in the state file $75,000

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 Peapack Gladstone Boro construction office.

Flood zone for 63 ABBY ROAD

The flood map could not be checked for 63 ABBY ROAD, because the address did not place a point on the map. Assessment and tax figures on this page are from our own records.

The state’s 10-foot ground scan puts the lowest cell on this lot at 191.7 feet and the highest at 433.1 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 63 ABBY ROAD

The water and sewer maps could not be checked for 63 ABBY ROAD, because the address did not place a point on the map.

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 $3,740,000 —
2025 $3,700,000 $58,349.00
2024 $3,675,000 $62,732.25
2023 $300,000 $63,972.00

Mailing changed in 2024 to 63 ABBY RD; PO BOX 121, PEAPACK; NJ, 07977.

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 $300,000 98.13% $305,717 — —
2024 $3,675,000 99.65% $3,687,908 +1,125.0% +1,106.3%
2025 $3,700,000 99.60% $3,714,859 +0.7% +0.7%
2026 $3,740,000 100.00% $3,740,000 +1.1% +0.7%

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 100.69% (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 $300,000 1.777 $5,331 $63,972.00 —
2024 $3,675,000 1.707 $62,732 $62,732.25 +1,076.7%
2025 $3,700,000 1.577 $58,349 $58,349.00 -7.0%
2026 $3,740,000 — — — pending rate

Where your money goes

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

Schools
$26,741 45.3%
County
$12,679 21.5%
Municipal
$19,560 33.2%
Regional / consolidated school (0.715)$26,741
County (0.273)$10,210
County library (0.037)$1,384
County open space (0.029)$1,085
Municipal purpose (0.493)$18,438
Municipal open space (0.030)$1,122

Property details

Class2 — Residential (four families or less)
Building class10 — not listed in the state appraisal manual
BuildingBUILDING 3
Land description—
Dwellings—
Commercial units—
Year built—
Acreage—
ZoningRE — town zoning code
Tax map page11
Additional lots—
Census tract / block—
Special tax codes—
MOD-IV current-year tax—
Last sale$4,079,415 · 1/26/2023 · sale assessment $300,000 · SR1A 07 — Substantially improved after the assessment and before the sale
Deed book / page07490 / 02891

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.