Garwood Boro NJ property tax rate 2025: 2.858
Garwood Boro, Union County. 1,571 parcels in the MOD-IV 2026 file. Rate shown is tax year 2025 (latest available — not yet matched to assessment year).
Assessments are tax year 2026; latest published general rate we have is 2025. Estimate uses that rate until the 2026 rate is loaded.
Garwood Boro at a glance
1,571 parcels are on the 2026 file. The 2025 general rate is 2.858, and the prior rate on file is 2.787 for 2024. A typical class 2 assessment is $411,815. Usable sales with a 2021 deed: 39, median $463,000. The state construction file lists 1,397 permits here. The median class 2 house was built in 1944. A property page adds that parcel’s permits, flood zone, mapped flood elevation, and high and low ground. Owner names are not shown.
How to read a Garwood Boro bill
Garwood Boro’s general rate of 2.858 is tax year 2025 on the 2026 assessment file. It is not a 2026 bill. The prior general rate on file is 2.787 for 2024. School, county, and municipal shares of this rate are 46.5%, 17.5%, and 36.0%. The largest slice is schools. In Union County the middle school share for rate year 2025 is 49.0% in Springfield Twp. Class 2 net assessments changed from $539,841,200 to $542,360,000, up 0.5%, on 1,317 parcels. Usable sales with a 2021 deed: median $463,000 (39 sales). The largest class share of net assessed value is Residential at 60.2%. State school aid is outside these bars.
Building permits in Garwood Boro
The New Jersey construction-permit file lists 1,397 permits in Garwood Boro. This file is a full record from 2021 on. Older permits are mostly missing. Work from before then can be missing here and still be at the Garwood Boro construction office.
2025 general tax rate in Garwood Boro: 2.858
This general rate is tax year 2025. The assessment file is 2026. It is not a 2026 bill.
In Union County, the median municipality’s school share (rate year 2025) is 49.0%; this town is 46.5%. The largest slice here is schools. State school aid is not in these bars — it reduces the school levy before the rate is struck. All Union towns · How NJ taxes work.
The school percent is the local property-tax levy. The district for this municipality is Garwood Boro (K-12), FY2027 K–12 aid $872,098. Those aid figures are not slices of these bars. Union district table.
Prior year (2024) general rate: 2.787.
Tax on a $200,000 or $500,000 sale in Garwood Boro
These figures use Garwood Boro’s own ratio and general rate. How the same sale price is calculated for every town. This is not an appraisal and not a collector bill.
2025
A $500,000 sale at the 2025 ratio of 72.75% would be assessed at about $363,750. At the general rate of 2.858, the estimated tax is $10,396. A $200,000 sale at that same ratio and rate would be assessed at about $145,500, with an estimated tax of $4,158.
In Union County for 2025, the $500,000 bill runs from $7,393 in Summit City to $14,114 in Roselle Boro. The middle bill is $10,396 in Garwood Boro. All Union towns.
See every New Jersey town on the same $200,000 and $500,000 sale for 2025.
Recent usable sales in Garwood Boro
These are the five newest usable deeds on the 2026 file for Garwood Boro. A $1 deed and a non-usable SR1A sale are left out. Each parcel stores one sale, so this is not every deed recorded in town.
| Address | Deed date | Sale price | Net assessment |
|---|---|---|---|
| 501 CENTER ST | 12/1/2025 | $776,000 | $508,500 |
| 105 CHESTNUT CT | 11/5/2025 | $839,000 | $605,800 |
| 230 FOURTH AVE | 10/27/2025 | $925,000 | $584,500 |
| 440 MYRTLE AVE | 10/10/2025 | $460,000 | $349,900 |
| 565 WILLOW AVE | 10/6/2025 | $381,000 | $333,700 |
Owner names are not shown. The rate year and the assessment file year differ, so this table does not print an estimated tax. This is not a collector’s bill.
Highest estimated tax in Garwood Boro: $24,499
Residential
The highest residential estimate in Garwood Boro is $24,499 at 318 WILLOW AVE, on a net assessment of $857,200 and a 2025 general rate of 2.858.
| Address | Class | Net assessment | Rate year | Estimated tax |
|---|---|---|---|---|
| 318 WILLOW AVE | 2 — Residential (four families or less) | $857,200 | 2025 | $24,499 |
| 650 MYRTLE AVE | 2 — Residential (four families or less) | $850,200 | 2025 | $24,299 |
| 540 FOURTH AVE | 2 — Residential (four families or less) | $780,200 | 2025 | $22,298 |
| 512 SPRUCE AVE | 2 — Residential (four families or less) | $725,000 | 2025 | $20,721 |
| 113-115 WINSLOW PL | 2 — Residential (four families or less) | $716,100 | 2025 | $20,466 |
Business
The highest business estimate in Garwood Boro is $621,146 at 300 SOUTH AVE, on a net assessment of $21,733,600 and a 2025 general rate of 2.858.
| Address | Class | Net assessment | Rate year | Estimated tax |
|---|---|---|---|---|
| 300 SOUTH AVE | 4A — Commercial | $21,733,600 | 2025 | $621,146 |
| 550 SOUTH AVE | 4B — Industrial | $13,276,200 | 2025 | $379,434 |
| 563 NORTH AVE | 4A — Commercial | $12,651,200 | 2025 | $361,571 |
| 500 NORTH AVE | 4A — Commercial | $12,090,800 | 2025 | $345,555 |
| 10 SOUTH AVE | 4A — Commercial | $11,511,000 | 2025 | $328,984 |
Owner names are not shown. Every parcel in this town uses the same rate, so the highest tax is the highest assessment. Commercial and industrial parcels (class 4A and 4B) are the business list. Apartment buildings are class 4C and are not in that list. This is not a collector’s bill.
Ratable base in Garwood Boro, typical class 2 assessment $411,815
Class 2 residential in the MOD-IV file: 1,317 parcels, average net assessment $411,815.
How assessments changed
Class 2 residential net assessments changed from $539,841,200 to $542,360,000, up 0.5%, on 1,317 parcels that have both a prior net and a 2026 net. This is the assessment roll, not an appraisal.
Among 39 usable recorded sales whose latest deed on this file is in 2021, the median price is $463,000. A $1 deed and a non-usable SR1A sale are left out. Each parcel stores one sale, so this is not every deed recorded that year.
Share of net assessed value by property class (MOD-IV). Not a school-quality rating.
| Class | Parcels | Net assessed | % of net |
|---|---|---|---|
| Residential 2 | 1,317 | $542,360,000 | 60.2% |
| Vacant land 1 | 110 | $151,260,600 | 16.8% |
| Commercial 4A | 116 | $167,457,700 | 18.6% |
| Industrial 4B | 13 | $30,635,000 | 3.4% |
| Apartment 4C | 8 | $9,213,000 | 1.0% |
| Other / unclassified other | 7 | $401,525 | 0.0% |
Housing stock in Garwood Boro, median year built 1944
On the 2026 file, class 2 houses in Garwood Boro with a year built have a median year of 1944, about 82 years old. Of those 1,315 houses, the largest share was built Before 1940. This is the assessor’s year built. It is not a ranking of towns.
By parcel count, Residential 83.8%, Commercial 7.4%, Vacant land 7.0%, Industrial 0.8%, Apartment 0.5%, Other / unclassified 0.4%. Those percentages are a count of parcels, not a share of tax dollars. The class table uses the tax-base share.
Year built
Assessor building line
Grouped from the assessor’s building abbreviation. One-family, two-family, and condo are the codes that read clearly. Other codes stay in their own group. This is not a bedroom count, and square feet are left off because most records do not include them.