2 COMMERCE CENTER DR

Dover Town, Morris County · Block 901, Lot 1.5

Show on map

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)
+6.6%

Estimated tax up $21,830 ($329,264 → $351,094) using 2024→2025 rates (3.273 → 3.490) × assessed net.

Assessment net change: 0.0% ($10,060,000 → $10,060,000).

Assessment

Land$3,240,000
Improvements$6,820,000
Net (taxable assessed, 2026)$10,060,000
Town avg ratio used61.38% (Average ratio (Director’s / Chapter 123))
Implied equalized value$16,389,703
2025 tax (MOD-IV billed)$351,094.00
Est. 2025 tax @ general rate$351,094
Mailing address (2026)925 W GEORGIA ST; # 800, VANCOUVER; BC V6C 3L2, 00000

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 23 — Commercial or industrial sale that includes equipment or goodwill that cannot be separated marks it non-usable, or the price is a nominal amount.

Building permits for 2 COMMERCE CENTER DR

The New Jersey construction-permit file lists 3 permits for 2 COMMERCE CENTER DR in Dover Town. 1 is still open in the state file. Permit 20250329, an alteration, was issued 15 Sep 2025 and closed 25 Sep 2025 with a Certificate of Approval. The reported cost is $150.

Permit Type Use Issued Closed Reported cost
20230339 Alteration Hotels, motels, boarding houses, etc. 14 Jul 2023 Open in the state file $8,652
20240391 Alteration Hotels, motels, boarding houses, etc. 15 Oct 2024 25 Sep 2025, Certificate of Approval $100
20250329 Alteration Hotels, motels, boarding houses, etc. 15 Sep 2025 25 Sep 2025, Certificate of Approval $150

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 Dover Town construction office.

Flood zone for 2 COMMERCE CENTER DR

The flood map could not be checked for 2 COMMERCE CENTER DR, 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 665.1 feet and the highest at 689.6 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 2 COMMERCE CENTER DR

The water and sewer maps could not be checked for 2 COMMERCE CENTER DR, 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 $10,060,000 —
2025 $10,060,000 $351,094.00
2024 $10,060,000 $329,263.80
2023 $10,060,000 $317,594.20

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 $10,060,000 78.73% $12,777,848 — —
2024 $10,060,000 73.61% $13,666,621 0.0% +7.0%
2025 $10,060,000 68.64% $14,656,177 0.0% +7.2%
2026 $10,060,000 61.38% $16,389,703 0.0% +11.8%

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 $10,060,000 3.157 $317,594 $317,594.20 —
2024 $10,060,000 3.273 $329,264 $329,263.80 +3.7%
2025 $10,060,000 3.490 $351,094 $351,094.00 +6.6%
2026 $10,060,000 — — — —

Where your money goes

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

Schools
$151,001 43.0%
County
$34,908 9.9%
Municipal
$165,185 47.0%

Of the estimated increase of $21,830, the school portion moved $13,682 up, the county portion $905 up, and the municipal portion $7,243 up. Those are pieces of the dollar change. They are not a change in each share of the rate.

District school (1.501)$151,001
County (0.337)$33,902
County open space (0.010)$1,006
Municipal purpose (1.594)$160,356
Municipal library (0.048)$4,829

Property details

Class4A — Commercial
Building class—
Building—
Land description10.359 AC
Dwellings—
Commercial units—
Year built—
Acreage10.359
Zoning—
Tax map page—
Additional lots—
Census tract / block—
Special tax codes—
MOD-IV current-year tax—
Last sale$14,967,000 · 6/22/2017 · sale assessment $10,060,000 · SR1A 23 — Commercial or industrial sale that includes equipment or goodwill that cannot be separated
Deed book / page23155 / 01116

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.

Show on map

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.