551-587 RARITAN RD

Roselle Boro, Union County · Block 7502, Lot 1

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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)
+5.2%

Estimated tax up $10,341 ($198,933 → $209,274) using 2024→2025 rates (8.695 → 9.147) × assessed net.

Assessment net change: 0.0% ($2,287,900 → $2,287,900).

Assessment

Land$687,900
Improvements$1,600,000
Net (taxable assessed, 2026)$2,287,900
Town avg ratio used28.06% (Average ratio (Director’s / Chapter 123))
Implied equalized value$8,153,599
2025 tax (MOD-IV billed)$209,274.21
Est. 2025 tax @ general rate$209,274
Mailing address (2026)18 E 22ND ST, NEW YORK; N.Y., 10010

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.

The stored sale is not used for a change-since-sale figure. SR1A 04 — Transfer of convenience, such as a deed to correct the title marks it non-usable, or the price is a nominal amount.

Building permits for 551-587 RARITAN RD

The New Jersey construction-permit file lists 6 permits for 551-587 RARITAN RD in Roselle Boro. 3 are still open in the state file. Permit 25-0699, an alteration, was issued 30 Dec 2025 and closed 13 Mar 2026 with a Certificate of Approval. The reported cost is $1,300.

Permit Type Use Issued Closed Reported cost
20220112 Alteration International Residential Code 9 Feb 2022 28 Feb 2022, Continued Certificate of Occupancy $0
20220541 Alteration Business Uses 2 Aug 2022 Open in the state file $272,341
24-0544 Alteration Mercantile buildings 27 Sep 2024 2 Mar 2026, Certificate of Approval $10,500
24-0628 Alteration Mercantile buildings 13 Nov 2024 Open in the state file $127,000
25-0150 Alteration Mercantile buildings 2 Apr 2025 Open in the state file $21,000
25-0699 Alteration Business Uses 30 Dec 2025 13 Mar 2026, Certificate of Approval $1,300

The file does not name the work. This file is a full record from 2021 on. Older permits are mostly missing. A repair from before then can be absent here and still be at the Roselle Boro construction office.

Flood zone for 551-587 RARITAN RD

FEMA’s flood map places the mapped point for 551-587 RARITAN RD in zone X.

The state’s 10-foot ground scan puts the lowest cell on this lot at 61.7 feet and the highest at 68 feet (NAVD88).

These figures are estimates. The zone and any flood elevation come from FEMA’s flood map at a point for this address, and that point can fall in the street. The high and low come from the state’s 10-foot ground scan of the lot outline. A cell can catch a ditch, the street, or the edge of the lot. They are not a survey and not an insurance rating. A licensed surveyor measures the ground and the building. The town floodplain administrator, or a licensed engineer, confirms what the zone means for this lot. No zone at this point, or zone X, does not mean the lot will not flood.

Water and sewer for 551-587 RARITAN RD

This lot is within the Linden Roselle SA sewer system. Please verify with the provider.

This lot is within the NJ American Water - Raritan water system. Please verify with the provider.

These lines come from the state’s sewer service areas and public community water areas, read at a point for this address. That point can fall in the street. Being inside a named area means the lot is inside that mapped system, not that a pipe or a meter is on the house. Being outside means the lot is outside the mapped service area, which is usually a septic system or a private well. It is not a hookup record. Please verify with the provider. How we read water and sewer.

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 $2,287,900 —
2025 $2,287,900 $209,274.21
2024 $2,287,900 $198,932.91
2023 $2,287,900 $193,945.28

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 $2,287,900 41.62% $5,497,117 — —
2024 $2,287,900 35.04% $6,529,395 0.0% +18.8%
2025 $2,287,900 30.86% $7,413,804 0.0% +13.5%
2026 $2,287,900 28.06% $8,153,599 0.0% +10.0%

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 $2,287,900 8.477 $193,945 $193,945.28 —
2024 $2,287,900 8.695 $198,933 $198,932.91 +2.6%
2025 $2,287,900 9.147 $209,274 $209,274.21 +5.2%
2026 $2,287,900 — — — —

Where your money goes

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

Schools
$75,432 36.0%
County
$26,906 12.9%
Municipal
$106,936 51.1%

Of the estimated increase of $10,341, the school portion moved $3,912 up, the county portion $1,899 up, and the municipal portion $4,530 up. Those are pieces of the dollar change. They are not a change in each share of the rate.

District school (3.297)$75,432
County (1.128)$25,808
County open space (0.048)$1,098
Municipal purpose (4.565)$104,443
Municipal library (0.109)$2,494

Property details

Class4A — Commercial
Building class—
Building1S-CBB-AL-A
Land description2.163 AC
Dwellings—
Commercial units—
Year built—
Acreage2.163
Zoning—
Tax map page—
Additional lots—
Census tract / block—
Special tax codes—
MOD-IV current-year tax—
Last sale$26,000 · 7/31/1997 · sale assessment $1,738,800 · SR1A 04 — Transfer of convenience, such as a deed to correct the title
Deed book / page04643 / 00031

The class, building class, SR1A, and special-tax words are the state’s names for those codes. The zoning code is the town’s. A code that is not on the state list keeps the code and says so.

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). Building permits are read live from the NJ construction-permit file for this block and lot. The flood zone is read live from FEMA’s flood map at a point for this address. The high and low are read live from the state’s 10-foot ground scan. Water and sewer are read live from the state’s service-area maps at that same point. Those map readings are estimates, not a survey and not a hookup record. Estimates are not an official tax bill. Owner names are not shown. Water and sewer · Full disclaimer.