111 VALLEY ROAD

Clark, Union County · Block 127, Lot 5

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Assessment year 2026 · Rate year 2025 · Prior rate 2024

Assessments are tax year 2026; latest published general rate we have is 2025. Estimate uses that rate until the 2026 rate is loaded.

Estimated tax story (homeowner view)
+2.5%

Estimated tax up $1,786 ($71,891 → $73,677) using 2024→2025 rates (2.214 → 2.269) × assessed net.

Assessment net change: 0.0% ($3,247,100 → $3,247,100).

Assessment

Land$828,000
Improvements$2,419,100
Net (taxable assessed, 2026)$3,247,100
Town avg ratio used80.01% (Average ratio (Director’s / Chapter 123))
Implied equalized value$4,058,368
2025 tax (MOD-IV billed)
Est. 2025 tax @ general rate$73,677
Mailing address (2026)111 VALLEY RD, CLARK N J, 07066

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.

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 $3,247,100
2025 $3,247,100
2024 $3,247,100
2023 $3,247,100

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 $3,247,100 96.49% $3,365,219
2024 $3,247,100 89.76% $3,617,536 0.0% +7.5%
2025 $3,247,100 84.31% $3,851,382 0.0% +6.5%
2026 $3,247,100 80.01% $4,058,368 0.0% +5.4%

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 $3,247,100 2.181 $70,819
2024 $3,247,100 2.214 $71,891 +1.5%
2025 $3,247,100 2.269 $73,677 +2.5%
2026 $3,247,100

Where your money goes

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

Schools
$37,894 51.4%
County
$13,898 18.9%
Municipal
$21,885 29.7%

Of the estimated change ($1,786): schools ≈ +76.4%, county ≈ +0.0%, municipal ≈ +23.6%.

District school (1.167)$37,894
County (0.411)$13,346
County open space (0.017)$552
Municipal purpose (0.634)$20,587
Municipal library (0.040)$1,299

Property details

Class15D
Building class
Building
Land description2.76AC
Dwellings
Commercial units
Year built
Acreage2.76
ZoningR-75
Tax map page33
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale
Deed book / page

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.