10 WASHINGTON UNIT03APT2B
Clark, Union County · Block 91, Lot 5.1, Qual C0003
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 $90 ($3,615 → $3,705) using 2024→2025 rates (2.214 → 2.269) × assessed net.
Assessment net change: 0.0% ($163,300 → $163,300).
Assessment
| Land | $100,000 |
|---|---|
| Improvements | $63,300 |
| Net (taxable assessed, 2026) | $163,300 |
| Town avg ratio used | 80.01% (Average ratio (Director’s / Chapter 123)) |
| Implied equalized value | $204,099 |
| 2025 tax (MOD-IV billed) | $3,705.28 |
| Est. 2025 tax @ general rate | $3,705 |
| Mailing address (2026) | 10 WASHINGTON ST U-3 A2B, 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 | $163,300 | — |
| 2025 | $163,300 | $3,705.28 |
| 2024 | $163,300 | $3,615.46 |
| 2023 | $163,300 | $3,561.57 |
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 | $163,300 | 96.49% | $169,240 | — | — |
| 2024 | $163,300 | 89.76% | $181,930 | 0.0% | +7.5% |
| 2025 | $163,300 | 84.31% | $193,690 | 0.0% | +6.5% |
| 2026 | $163,300 | 80.01% | $204,099 | 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 | $163,300 | 2.181 | $3,562 | $3,561.57 | — |
| 2024 | $163,300 | 2.214 | $3,615 | $3,615.46 | +1.5% |
| 2025 | $163,300 | 2.269 | $3,705 | $3,705.28 | +2.5% |
| 2026 | $163,300 | — | — | — | — |
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 ($90): schools ≈ +76.4%, county ≈ 0.0%, municipal ≈ +23.6%.
| District school (1.167) | $1,906 |
|---|---|
| County (0.411) | $671 |
| County open space (0.017) | $28 |
| Municipal purpose (0.634) | $1,035 |
| Municipal library (0.040) | $65 |
Property details
| Class | 2 |
|---|---|
| Building class | 35 |
| Building | 3RDFLCONDO CONV |
| Land description | .022 AC |
| Dwellings | 1 |
| Commercial units | — |
| Year built | 1960 |
| Acreage | 0.022 |
| Zoning | DTV |
| Tax map page | 30 |
| Additional lots | — |
| Census tract / block | — |
| Special tax codes | — |
| MOD-IV current-year tax | — |
| Last sale | $175,000 · 7/8/2020 · sale assessment $35,000 |
| Deed book / page | 06381 / 02031 |
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.