Boonton Town NJ property tax rate 2025: 3.478
Boonton Town, Morris County. 2,885 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.
Boonton Town at a glance
2,885 parcels are on the 2026 file. The 2025 general rate is 3.478, and the prior rate on file is 3.380 for 2024. A typical class 2 assessment is $362,555. Usable sales with a 2025 deed: 82, median $640,000. The state construction file lists 2,512 permits here. The median class 2 house was built in 1933. 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 Boonton Town bill
Boonton Town’s general rate of 3.478 is tax year 2025 on the 2026 assessment file. It is not a 2026 bill. The prior general rate on file is 3.380 for 2024. School, county, and municipal shares of this rate are 62.3%, 10.2%, and 27.5%. The largest slice is schools. In Morris County the middle school share for rate year 2025 is 62.9% in Netcong Boro. Class 2 net assessments changed from $866,084,900 to $868,842,200, up 0.3%, on 2,396 parcels. Usable sales with a 2025 deed: median $640,000 (82 sales). The largest class share of net assessed value is Residential at 68.6%. State school aid is outside these bars.
Building permits in Boonton Town
The New Jersey construction-permit file lists 2,512 permits in Boonton Town. 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 Boonton Town construction office.
2025 general tax rate in Boonton Town: 3.478
This general rate is tax year 2025. The assessment file is 2026. It is not a 2026 bill.
In Morris County, the median municipality’s school share (rate year 2025) is 62.9%; this town is 62.3%. 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 Morris towns · How NJ taxes work.
The school percent is the local property-tax levy. The district for this municipality is Boonton Town (K-12), FY2027 K–12 aid $6,466,247. Those aid figures are not slices of these bars. Morris district table.
Prior year (2024) general rate: 3.380.
Tax on a $200,000 or $500,000 sale in Boonton Town
These figures use Boonton Town’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 67.68% would be assessed at about $338,400. At the general rate of 3.478, the estimated tax is $11,770. A $200,000 sale at that same ratio and rate would be assessed at about $135,360, with an estimated tax of $4,708.
In Morris County for 2025, the $500,000 bill runs from $4,917 in Harding Twp to $14,240 in Netcong Boro. The middle bill is $9,881 in Chester Boro. All Morris towns.
See every New Jersey town on the same $200,000 and $500,000 sale for 2025.
Recent usable sales in Boonton Town
These are the five newest usable deeds on the 2026 file for Boonton Town. 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 |
|---|---|---|---|
| 134 CHESTNUT ST | 12/17/2025 | $680,000 | $407,600 |
| 204 CHURCH ST | 12/11/2025 | $6,350,000 | $3,141,500 |
| 331 CHURCH ST | 12/9/2025 | $725,000 | $401,300 |
| 712 WOOTTON ST | 12/2/2025 | $535,000 | $260,500 |
| 130 LAKE AVE | 12/1/2025 | $849,000 | $359,400 |
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 Boonton Town: $33,893
Residential
The highest residential estimate in Boonton Town is $33,893 at 314 CORNELIA ST, on a net assessment of $974,500 and a 2025 general rate of 3.478.
| Address | Class | Net assessment | Rate year | Estimated tax |
|---|---|---|---|---|
| 314 CORNELIA ST | 2 — Residential (four families or less) | $974,500 | 2025 | $33,893 |
| 445 MORRIS AVE | 2 — Residential (four families or less) | $873,300 | 2025 | $30,373 |
| 245 ROCKAWAY ST | 2 — Residential (four families or less) | $846,300 | 2025 | $29,434 |
| 407 ROCKAWAY ST | 2 — Residential (four families or less) | $790,000 | 2025 | $27,476 |
| 182 RESERVE ST | 2 — Residential (four families or less) | $787,300 | 2025 | $27,382 |
Business
The highest business estimate in Boonton Town is $763,605 at 300 WOOTTON ST, on a net assessment of $21,955,300 and a 2025 general rate of 3.478.
| Address | Class | Net assessment | Rate year | Estimated tax |
|---|---|---|---|---|
| 300 WOOTTON ST | 4A — Commercial | $21,955,300 | 2025 | $763,605 |
| 520-550 MYRTLE AVE | 4A — Commercial | $12,291,400 | 2025 | $427,495 |
| 115 HAWKINS PL | 4A — Commercial | $8,367,200 | 2025 | $291,011 |
| 100 FULTON ST | 4B — Industrial | $5,714,000 | 2025 | $198,733 |
| 91 FULTON ST | 4B — Industrial | $4,747,400 | 2025 | $165,115 |
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 Boonton Town, typical class 2 assessment $362,555
Class 2 residential in the MOD-IV file: 2,397 parcels, average net assessment $362,555.
How assessments changed
Class 2 residential net assessments changed from $866,084,900 to $868,842,200, up 0.3%, on 2,396 parcels that have both a prior net and a 2026 net. This is the assessment roll, not an appraisal.
Among 82 usable recorded sales whose latest deed on this file is in 2025, the median price is $640,000. 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 | 2,397 | $869,044,200 | 68.6% |
| Vacant land 1 | 241 | $161,801,600 | 12.8% |
| Commercial 4A | 181 | $142,073,600 | 11.2% |
| Industrial 4B | 40 | $63,813,900 | 5.0% |
| Apartment 4C | 16 | $29,321,300 | 2.3% |
| Farm (regular) 3A | 1 | $252,500 | 0.0% |
| Farm (qualified) 3B | 1 | $2,300 | 0.0% |
| Other / unclassified other | 8 | $52,000 | 0.0% |
Housing stock in Boonton Town, median year built 1933
On the 2026 file, class 2 houses in Boonton Town with a year built have a median year of 1933, about 93 years old. Of those 2,383 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 83.1%, Vacant land 8.4%, Commercial 6.3%, Industrial 1.4%, Apartment 0.6%, Other / unclassified 0.3%, Farm (regular) <0.1%, Farm (qualified) <0.1%. 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.