1457 RARITAN ROAD

Clark, Union County · Block 148, Lot 15

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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)
-28.0%

Estimated tax down $9,714 ($34,673 → $24,959) using 2024→2025 rates (2.214 → 2.269) × assessed net.

Assessment net change: -29.8% ($1,566,100 → $1,100,000).

Assessment

Land$342,000
Improvements$758,000
Net (taxable assessed, 2026)$1,100,000
Town avg ratio used80.01% (Average ratio (Director’s / Chapter 123))
Implied equalized value$1,374,828
2025 tax (MOD-IV billed)$35,534.81
Est. 2025 tax @ general rate$24,959
Mailing address (2026)1323 STUYVESANT AVE, UNION; NJ, 07083

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 $1,100,000
2025 $1,566,100 $35,534.81
2024 $1,566,100 $34,673.45
2023 $1,566,100 $34,156.64

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 $1,566,100 96.49% $1,623,070
2024 $1,566,100 89.76% $1,744,764 0.0% +7.5%
2025 $1,566,100 84.31% $1,857,550 0.0% +6.5%
2026 $1,100,000 80.01% $1,374,828 -29.8% -26.0%

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 $1,566,100 2.181 $34,157 $34,156.64
2024 $1,566,100 2.214 $34,673 $34,673.45 +1.5%
2025 $1,566,100 2.269 $35,535 $35,534.81 +2.5%
2026 $1,100,000

Where your money goes

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

Schools
$12,837 51.4%
County
$4,708 18.9%
Municipal
$7,414 29.7%

Of the estimated change ($-9,714): schools ≈ +49.2%, county ≈ +20.5%, municipal ≈ +30.2%.

District school (1.167)$12,837
County (0.411)$4,521
County open space (0.017)$187
Municipal purpose (0.634)$6,974
Municipal library (0.040)$440

Property details

Class4A
Building class
Building
Land description125X138
Dwellings
Commercial units
Year built
Acreage0.396
ZoningCN
Tax map page35
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$920,000 · 8/20/2014 · sale assessment $523,000 · SR1A 6
Deed book / page06022 / 00799

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.