177 HERBERT AVE
Fanwood, Union County · Block 84, Lot 19
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 $835 ($13,402 → $14,237) using 2024→2025 rates (2.937 → 3.120) × assessed net.
Assessment net change: 0.0% ($456,300 → $456,300).
Assessment
| Land | $250,000 |
|---|---|
| Improvements | $206,300 |
| Net (taxable assessed, 2026) | $456,300 |
| Town avg ratio used | 65.63% (Average ratio (Director’s / Chapter 123)) |
| Implied equalized value | $695,261 |
| 2025 tax (MOD-IV billed) | $14,236.56 |
| Est. 2025 tax @ general rate | $14,237 |
| Mailing address (2026) | 177 HERBERT 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 | $456,300 | — |
| 2025 | $456,300 | $14,236.56 |
| 2024 | $456,300 | $13,401.53 |
| 2023 | $456,300 | $12,977.17 |
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 | $456,300 | 86.61% | $526,844 | — | — |
| 2024 | $456,300 | 81.43% | $560,359 | 0.0% | +6.4% |
| 2025 | $456,300 | 72.16% | $632,345 | 0.0% | +12.8% |
| 2026 | $456,300 | 65.63% | $695,261 | 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 | $456,300 | 2.844 | $12,977 | $12,977.17 | — |
| 2024 | $456,300 | 2.937 | $13,402 | $13,401.53 | +3.3% |
| 2025 | $456,300 | 3.120 | $14,237 | $14,236.56 | +6.2% |
| 2026 | $456,300 | — | — | — | — |
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 ($835): schools ≈ +60.7%, county ≈ +15.8%, municipal ≈ +23.5%.
| Regional / consolidated school (1.954) | $8,916 |
|---|---|
| County (0.479) | $2,186 |
| County open space (0.020) | $91 |
| Municipal purpose (0.610) | $2,783 |
| Municipal open space (0.010) | $46 |
| Municipal library (0.047) | $214 |
Property details
| Class | 2 |
|---|---|
| Building class | 18 |
| Building | 2SFL1UG |
| Land description | 50X100 |
| Dwellings | 1 |
| Commercial units | — |
| Year built | 1930 |
| Acreage | 0.1148 |
| Zoning | — |
| Tax map page | — |
| Additional lots | — |
| Census tract / block | — |
| Special tax codes | — |
| MOD-IV current-year tax | — |
| Last sale | $505,000 · 11/29/2019 · sale assessment $456,300 |
| Deed book / page | 06353 / 00339 |
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.