40 BRUSH HILL RD

Kinnelon, Morris County · Block 11401, Lot 105

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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)
+3.0%

Estimated tax up $448 ($14,737 → $15,185) using 2024→2025 rates (2.897 → 2.985) × assessed net.

Assessment net change: 0.0% ($508,700 → $508,700).

Assessment

Land$241,800
Improvements$266,900
Net (taxable assessed, 2026)$508,700
Town avg ratio used74.42% (Average ratio (Director’s / Chapter 123))
Implied equalized value$683,553
2025 tax (MOD-IV billed)$15,184.70
Est. 2025 tax @ general rate$15,185
Mailing address (2026)40 BRUSH HILL RD, KINNELON; NJ, 07405

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.

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 $508,700
2025 $508,700 $15,184.70
2024 $508,700 $14,737.04
2023 $508,700 $14,431.82

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 $508,700 93.58% $543,599
2024 $508,700 85.70% $593,582 0.0% +9.2%
2025 $508,700 81.06% $627,560 0.0% +5.7%
2026 $508,700 74.42% $683,553 0.0% +8.9%

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 $508,700 2.837 $14,432 $14,431.82
2024 $508,700 2.897 $14,737 $14,737.04 +2.1%
2025 $508,700 2.985 $15,185 $15,184.70 +3.0%
2026 $508,700

Where your money goes

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

Schools
$10,469 68.9%
County
$1,501 9.9%
Municipal
$3,215 21.2%

Of the estimated change ($448): schools ≈ +78.4%, county ≈ +8.0%, municipal ≈ +13.6%.

District school (2.058)$10,469
County (0.287)$1,460
County open space (0.008)$41
Municipal purpose (0.586)$2,981
Municipal open space (0.005)$25
Municipal library (0.041)$209

Property details

Class2
Building class16
Building1.5SF G2
Land description1.45 AC
Dwellings1
Commercial units
Year built1951
Acreage1.45
ZoningR
Tax map page14
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$595,000 · 3/29/2007 · sale assessment $385,300
Deed book / page20791 / 01908

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). Estimates are not an official tax bill. Owner names are not shown. Full disclaimer.