1139 RARITAN RD UNIT 203
Clark, Union County · Block 62, Lot 5.1, Qual C0203
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 $450 ($18,113 → $18,563) using 2024→2025 rates (2.214 → 2.269) × assessed net.
Assessment net change: 0.0% ($818,100 → $818,100).
Assessment
| Land | $203,800 |
|---|---|
| Improvements | $614,300 |
| Net (taxable assessed, 2026) | $818,100 |
| Town avg ratio used | 80.01% (Average ratio (Director’s / Chapter 123)) |
| Implied equalized value | $1,022,497 |
| 2025 tax (MOD-IV billed) | $18,562.69 |
| Est. 2025 tax @ general rate | $18,563 |
| Mailing address (2026) | 1139 RARITAN RD UNIT 203, 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 | $818,100 | — |
| 2025 | $818,100 | $18,562.69 |
| 2024 | $818,100 | $18,112.73 |
| 2023 | $818,100 | $17,842.76 |
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 | $818,100 | 96.49% | $847,860 | — | — |
| 2024 | $818,100 | 89.76% | $911,430 | 0.0% | +7.5% |
| 2025 | $818,100 | 84.31% | $970,348 | 0.0% | +6.5% |
| 2026 | $818,100 | 80.01% | $1,022,497 | 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 | $818,100 | 2.181 | $17,843 | $17,842.76 | — |
| 2024 | $818,100 | 2.214 | $18,113 | $18,112.73 | +1.5% |
| 2025 | $818,100 | 2.269 | $18,563 | $18,562.69 | +2.5% |
| 2026 | $818,100 | — | — | — | — |
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 ($450): schools ≈ +76.4%, county ≈ 0.0%, municipal ≈ +23.6%.
| District school (1.167) | $9,547 |
|---|---|
| County (0.411) | $3,362 |
| County open space (0.017) | $139 |
| Municipal purpose (0.634) | $5,187 |
| Municipal library (0.040) | $327 |
Property details
| Class | 4A |
|---|---|
| Building class | — |
| Building | — |
| Land description | CONDO |
| Dwellings | — |
| Commercial units | — |
| Year built | 2012 |
| Acreage | — |
| Zoning | CN |
| Tax map page | 27 |
| Additional lots | — |
| Census tract / block | — |
| Special tax codes | — |
| MOD-IV current-year tax | — |
| Last sale | $512,678 · 4/27/2012 · sale assessment $80,000 · SR1A 7 |
| Deed book / page | 05906 / 00581 |
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.