675 RARITAN ROAD UNIT#016
Clark, Union County · Block 28, Lot 2.1, Qual C0016
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 up $243 ($9,784 → $10,027) using 2024→2025 rates (2.214 → 2.269) × assessed net.
Assessment net change: 0.0% ($441,900 → $441,900).
Assessment
| Land | $144,500 |
|---|---|
| Improvements | $297,400 |
| Net (taxable assessed, 2026) | $441,900 |
| Town avg ratio used | 80.01% (Average ratio (Director’s / Chapter 123)) |
| Implied equalized value | $552,306 |
| 2025 tax (MOD-IV billed) | $10,026.71 |
| Est. 2025 tax @ general rate | $10,027 |
| Mailing address (2026) | 675 RARITAN ROAD; UNIT 16, CLARK; NJ, 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 | $441,900 | — |
| 2025 | $441,900 | $10,026.71 |
| 2024 | $441,900 | $9,783.67 |
| 2023 | $441,900 | $9,637.84 |
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 | $441,900 | 96.49% | $457,975 | — | — |
| 2024 | $441,900 | 89.76% | $492,313 | 0.0% | +7.5% |
| 2025 | $441,900 | 84.31% | $524,137 | 0.0% | +6.5% |
| 2026 | $441,900 | 80.01% | $552,306 | 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 | $441,900 | 2.181 | $9,638 | $9,637.84 | — |
| 2024 | $441,900 | 2.214 | $9,784 | $9,783.67 | +1.5% |
| 2025 | $441,900 | 2.269 | $10,027 | $10,026.71 | +2.5% |
| 2026 | $441,900 | — | — | — | — |
Where your money goes
Component $ = net × (component rate ÷ 100). Percents are share of school + county + municipal components for rate year 2025.
Of the estimated change ($243): schools ≈ +76.4%, county ≈ +0.0%, municipal ≈ +23.6%.
| District school (1.167) | $5,157 |
|---|---|
| County (0.411) | $1,816 |
| County open space (0.017) | $75 |
| Municipal purpose (0.634) | $2,802 |
| Municipal library (0.040) | $177 |
Property details
| Class | 2 |
|---|---|
| Building class | 37 |
| Building | 2SF CONDO-5.5-2 |
| Land description | .113 ACRE +3 |
| Dwellings | 36 |
| Commercial units | — |
| Year built | 1989 |
| Acreage | 0.113 |
| Zoning | R.A. |
| Tax map page | 16 |
| Additional lots | — |
| Census tract / block | — |
| Special tax codes | — |
| MOD-IV current-year tax | — |
| Last sale | $395,000 · 6/1/2020 · sale assessment $112,500 · SR1A 31 |
| Deed book / page | 06372 / 02554 |
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.