153 HUNTER AVE

Fanwood, Union County · Block 27, Lot 12

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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)
+6.2%

Estimated tax up $999 ($16,039 → $17,038) using 2024→2025 rates (2.937 → 3.120) × assessed net.

Assessment net change: 0.0% ($546,100 → $546,100).

Assessment

Land$312,000
Improvements$234,100
Net (taxable assessed, 2026)$546,100
Town avg ratio used65.63% (Average ratio (Director’s / Chapter 123))
Implied equalized value$832,089
2025 tax (MOD-IV billed)$17,038.32
Est. 2025 tax @ general rate$17,038
Mailing address (2026)153 HUNTER AVE, FANWOOD; NJ, 07023

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 $546,100
2025 $546,100 $17,038.32
2024 $546,100 $16,038.96
2023 $546,100 $15,531.08

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 $546,100 86.61% $630,528
2024 $546,100 81.43% $670,637 0.0% +6.4%
2025 $546,100 72.16% $756,790 0.0% +12.8%
2026 $546,100 65.63% $832,089 0.0% +9.9%

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 $546,100 2.844 $15,531 $15,531.08
2024 $546,100 2.937 $16,039 $16,038.96 +3.3%
2025 $546,100 3.120 $17,038 $17,038.32 +6.2%
2026 $546,100

Where your money goes

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

Schools
$10,671 62.6%
County
$2,725 16.0%
Municipal
$3,642 21.4%

Of the estimated change ($999): schools ≈ +60.7%, county ≈ +15.8%, municipal ≈ +23.5%.

Regional / consolidated school (1.954)$10,671
County (0.479)$2,616
County open space (0.020)$109
Municipal purpose (0.610)$3,331
Municipal open space (0.010)$55
Municipal library (0.047)$257

Property details

Class2
Building class18
Building1SFL2UG
Land description100X301
Dwellings1
Commercial units
Year built1940
Acreage0.691
Zoning
Tax map page
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$515,000 · 6/8/2005 · sale assessment $102,100
Deed book / page05512 / 00327

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.