The net taxable value of the city grew for the fourth consecutive year, led by an increase in commercial assessments of almost 3 percent.
Tag Archives: Abstract of Ratables
Abstract of Ratables, 2021
The city’s total assessed value inched up again last year for the second year in a row, led by a nearly 3% increase in assessed value of Class 4C Apartment.
Abstract of ratables, 2020
The total taxable value of Rahway properties grew last year by $4.5 million, or 0.32 percent, with the industrial class inching up for the first time in years while residential assessments increased their share of assessments to a recent high of almost 68 percent of the city’s value.
Abstract of ratables, 2019
The city’s overall assessed value was up slightly, about 0.21 percent, or more than $3 million, from 2018 to 2019.
Abstract of ratables, 2018
The city’s overall tax assessment was down almost 2 percent this year with vacant assessments jumping almost 38 percent.