892 OLD CHESTER GLADSTONE

Chester Twp, Morris County · Block 4, Lot 34.1

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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)
-0.3%

Estimated tax down $164 ($60,894 → $60,730) using 2024→2025 rates (2.594 → 2.587) × assessed net.

Assessment net change: 0.0% ($2,347,500 → $2,347,500).

Assessment

Land$1,190,100
Improvements$1,157,400
Net (taxable assessed, 2026)$2,347,500
Town avg ratio used73.50% (Average ratio (Director’s / Chapter 123))
Implied equalized value$3,193,878
2025 tax (MOD-IV billed)$61,222.81
Est. 2025 tax @ general rate$60,730
Mailing address (2026)892 OLD CHESTER GLADSTONE, FAR HILLS; NJ, 07931

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.

This class 2 — residential (four families or less) — net assessment sits above the town class-2 average of $663,284.

Building permits for 892 OLD CHESTER GLADSTONE

The New Jersey construction-permit file lists 2 permits for 892 OLD CHESTER GLADSTONE in Chester Twp. 2 are still open in the state file. Permit 20250414, an alteration, was issued 3 Sep 2025 and is open in the state file. The reported cost is $12,300.

Permit Type Use Issued Closed Reported cost
20250396 Alteration International Residential Code 19 Aug 2025 Open in the state file $12,300
20250414 Alteration International Residential Code 3 Sep 2025 Open in the state file $12,300

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 Chester Twp construction office.

Flood zone for 892 OLD CHESTER GLADSTONE

The flood map could not be checked for 892 OLD CHESTER GLADSTONE, because the address did not place a point on the map. Assessment and tax figures on this page are from our own records.

The state’s 10-foot ground scan puts the lowest cell on this lot at 316.7 feet and the highest at 434.7 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 892 OLD CHESTER GLADSTONE

The water and sewer maps could not be checked for 892 OLD CHESTER GLADSTONE, because the address did not place a point on the map.

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 $2,347,500 —
2025 $2,347,500 $61,222.81
2024 $2,347,500 $61,387.13
2023 $2,347,500 $60,002.11

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 $2,347,500 90.12% $2,604,860 — —
2024 $2,347,500 84.71% $2,771,219 0.0% +6.4%
2025 $2,347,500 79.43% $2,955,432 0.0% +6.6%
2026 $2,347,500 73.50% $3,193,878 0.0% +8.1%

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 $2,347,500 2.535 $59,509 $60,002.11 —
2024 $2,347,500 2.594 $60,894 $61,387.13 +2.3%
2025 $2,347,500 2.587 $60,730 $61,222.81 -0.3%
2026 $2,347,500 — — — —

Where your money goes

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

Schools
$40,213 66.2%
County
$7,066 11.6%
Municipal
$13,451 22.1%

Of the estimated decrease of $164, the school portion moved $634 down, the county portion $211 up, and the municipal portion $258 up. Those are pieces of the dollar change. They are not a change in each share of the rate.

District school (1.044)$24,508
Regional / consolidated school (0.669)$15,705
County (0.293)$6,878
County open space (0.008)$188
Municipal purpose (0.512)$12,019
Municipal open space (0.020)$470
Municipal library (0.041)$962

Property details

Class2 — Residential (four families or less)
Building class20 — Superior quality single-family dwelling
Building2SF-L-4AG
Land description33.678 AC
Dwellings1
Commercial units—
Year built2002
Acreage33.678
ZoningR-5 — town zoning code
Tax map page16
Additional lots—
Census tract / block—
Special tax codesW01 — Water district 1
MOD-IV current-year tax—
Last sale—
Deed book / page06237 / 00141

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.