11 CIRCLE RD

Florham Park Boro, Morris County · Block 2414, Lot 10

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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)
+4.1%

Estimated tax up $438 ($10,605 → $11,042) using 2024→2025 rates (1.624 → 1.691) × assessed net.

Assessment net change: 0.0% ($653,000 → $653,000).

Assessment

Land$432,200
Improvements$220,800
Net (taxable assessed, 2026)$653,000
Town avg ratio used65.98% (Average ratio (Director’s / Chapter 123))
Implied equalized value$989,694
2025 tax (MOD-IV billed)$11,042.23
Est. 2025 tax @ general rate$11,042
Mailing address (2026)2 PFROMMER AVE, BUDD LAKE; NJ, 07828

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.

Change since the 2025 sale of $999,000: implied equalized value $989,694 is $9,306 below that sale. This is not an appraisal.

This class 2 — residential (four families or less) — net assessment sits below the town class-2 average of $683,408.

Building permits for 11 CIRCLE RD

The New Jersey construction-permit file lists 4 permits for 11 CIRCLE RD in Florham Park Boro. 4 are still open in the state file. Permit 26-0191, a new building, was issued 5 May 2026 and is open in the state file. The reported cost is $802,500. The reported size is 8,116 square feet.

Permit Type Use Issued Closed Reported cost
20250320 Alteration International Residential Code 26 Jun 2025 Open in the state file $1,600
26-0122 Demolition International Residential Code 31 Mar 2026 Open in the state file $15,000
26-0191+A Alteration International Residential Code 5 May 2026 Open in the state file $28,100
26-0191 New International Residential Code 5 May 2026 Open in the state file $802,500

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 Florham Park Boro construction office.

Flood zone for 11 CIRCLE RD

FEMA’s flood map places the mapped point for 11 CIRCLE RD in zone X.

The state’s 10-foot ground scan puts the lowest cell on this lot at 214.5 feet and the highest at 228.6 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 11 CIRCLE RD

This lot is within the Florham Park Sewer Utility STP sewer system. Please verify with the provider.

This lot is within the Florham Park WD water system. Please verify with the provider.

These lines come from the state’s sewer service areas and public community water areas, read at a point for this address. That point can fall in the street. Being inside a named area means the lot is inside that mapped system, not that a pipe or a meter is on the house. Being outside means the lot is outside the mapped service area, which is usually a septic system or a private well. It is not a hookup record. Please verify with the provider. How we read water and sewer.

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 $653,000 —
2025 $653,000 $11,042.23
2024 $653,000 $10,604.72
2023 $653,000 $10,434.94

Mailing changed in 2026 to 2 PFROMMER AVE, BUDD LAKE; NJ, 07828.

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 $653,000 94.46% $691,298 — —
2024 $653,000 82.98% $786,937 0.0% +13.8%
2025 $653,000 75.40% $866,048 0.0% +10.1%
2026 $653,000 65.98% $989,694 0.0% +14.3%

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 $653,000 1.598 $10,435 $10,434.94 —
2024 $653,000 1.624 $10,605 $10,604.72 +1.6%
2025 $653,000 1.691 $11,042 $11,042.23 +4.1%
2026 $653,000 — — — —

Where your money goes

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

Schools
$5,897 53.4%
County
$2,077 18.8%
Municipal
$3,069 27.8%

Of the estimated increase of $438, the school portion moved $229 up, the county portion $124 up, and the municipal portion $85 up. Those are pieces of the dollar change. They are not a change in each share of the rate.

District school (0.589)$3,846
Regional / consolidated school (0.314)$2,050
County (0.309)$2,018
County open space (0.009)$59
Municipal purpose (0.426)$2,782
Municipal library (0.044)$287

Property details

Class2 — Residential (four families or less)
Building class17 — Above standard quality single-family dwelling
Building1SF G1
Land description28038SF
Dwellings1
Commercial units—
Year built1952
Acreage0.6437
ZoningR-15 — town zoning code
Tax map page—
Additional lots—
Census tract / block—
Special tax codes—
MOD-IV current-year tax—
Last sale$999,000 · 11/12/2025 · sale assessment $653,000
Deed book / page25019 / 01073

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.