The city’s overall assessed value was up slightly, about 0.21 percent, or more than $3 million, from 2018 to 2019.
Tag Archives: Tax assessment
Abstract of ratables, 2018
The city’s overall tax assessment was down almost 2 percent this year with vacant assessments jumping almost 38 percent.
A look at assessed value over the past decade
Rahway’s overall assessed value is about 7 percent off since the recession with assessed values of apartments and industrial properties heading in opposite directions while commercial assessments are almost back to pre-recession levels.
Continue reading A look at assessed value over the past decade
A look at total assessment, 2015-16
Rahway’s total taxable value nudged up slightly last year, highlighted by a sharp increase in apartment assessments thanks to a new building on the tax rolls, and a dip among industrial property due to lower assessments on Merck properties.