34 HILLTOP RD

Kinnelon, Morris County · Block 12103, Lot 119

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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 $968 ($31,867 → $32,835) using 2024→2025 rates (2.897 → 2.985) × assessed net.

Assessment net change: 0.0% ($1,100,000 → $1,100,000).

Assessment

Land$258,700
Improvements$841,300
Net (taxable assessed, 2026)$1,100,000
Town avg ratio used74.42% (Average ratio (Director’s / Chapter 123))
Implied equalized value$1,478,097
2025 tax (MOD-IV billed)$32,835.00
Est. 2025 tax @ general rate$32,835
Mailing address (2026)34 HILLTOP 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 $1,100,000
2025 $1,100,000 $32,835.00
2024 $1,100,000 $31,867.00
2023 $1,100,000 $31,207.00

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 $1,100,000 93.58% $1,175,465
2024 $1,100,000 85.70% $1,283,547 0.0% +9.2%
2025 $1,100,000 81.06% $1,357,019 0.0% +5.7%
2026 $1,100,000 74.42% $1,478,097 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 $1,100,000 2.837 $31,207 $31,207.00
2024 $1,100,000 2.897 $31,867 $31,867.00 +2.1%
2025 $1,100,000 2.985 $32,835 $32,835.00 +3.0%
2026 $1,100,000

Where your money goes

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

Schools
$22,638 68.9%
County
$3,245 9.9%
Municipal
$6,952 21.2%

Of the estimated change ($968): schools ≈ +78.4%, county ≈ +8.0%, municipal ≈ +13.6%.

District school (2.058)$22,638
County (0.287)$3,157
County open space (0.008)$88
Municipal purpose (0.586)$6,446
Municipal open space (0.005)$55
Municipal library (0.041)$451

Property details

Class2
Building class19
Building2SF G3
Land description2.583 AC
Dwellings1
Commercial units
Year built1987
Acreage2.583
ZoningR
Tax map page21
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale
Deed book / page

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.