304-10 PARK AVE

Plainfield, Union County · Block 101, Lot 2

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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)
+2.2%

Estimated tax up $600 ($27,026 → $27,626) using 2024→2025 rates (8.732 → 8.926) × assessed net.

Assessment net change: 0.0% ($309,500 → $309,500).

Assessment

Land$202,200
Improvements$107,300
Net (taxable assessed, 2026)$309,500
Town avg ratio used24.85% (Average ratio (Director’s / Chapter 123))
Implied equalized value$1,245,473
2025 tax (MOD-IV billed)$28,950.63
Est. 2025 tax @ general rate$27,626
Mailing address (2026)5 MOUNTAIN BLVD #6, WARREN; NJ, 07059

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 $309,500
2025 $309,500 $28,950.63
2024 $309,500 $27,966.42
2023 $309,500 $27,492.89

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 $309,500 31.60% $979,430
2024 $309,500 29.81% $1,038,242 0.0% +6.0%
2025 $309,500 27.70% $1,117,329 0.0% +7.6%
2026 $309,500 24.85% $1,245,473 0.0% +11.5%

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 $309,500 8.646 $26,759 $27,492.89
2024 $309,500 8.732 $27,026 $27,966.42 +1.0%
2025 $309,500 8.926 $27,626 $28,950.63 +2.2%
2026 $309,500

Where your money goes

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

Schools
$7,515 27.2%
County
$4,024 14.6%
Municipal
$16,088 58.2%

Of the estimated change ($600): schools ≈ +103.6%, county ≈ +6.7%, municipal ≈ -10.3%.

District school (2.428)$7,515
County (1.246)$3,856
County open space (0.054)$167
Municipal purpose (5.058)$15,655
Municipal open space (0.020)$62
Municipal library (0.120)$371

Property details

Class4C
Building class0913
Building1&3SB 9APTS
Land description93.71X246.08 35878SQ
Dwellings
Commercial units
Year built1900
Acreage0.8236
ZoningCBD
Tax map page129
Additional lots
Census tract / block
Special tax codesS01
MOD-IV current-year tax
Last sale$1,200,000 · 8/8/2016 · sale assessment $309,500 · SR1A 23
Deed book / page06138 / 00892

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.