6 OAKWOOD TRL

Kinnelon, Morris County · Block 34706, Lot 108

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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 $352 ($11,597 → $11,949) using 2024→2025 rates (2.897 → 2.985) × assessed net.

Assessment net change: 0.0% ($400,300 → $400,300).

Assessment

Land$229,000
Improvements$171,300
Net (taxable assessed, 2026)$400,300
Town avg ratio used74.42% (Average ratio (Director’s / Chapter 123))
Implied equalized value$537,893
2025 tax (MOD-IV billed)$11,948.96
Est. 2025 tax @ general rate$11,949
Mailing address (2026)6 OAKWOOD TRL, 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 $400,300
2025 $400,300 $11,948.96
2024 $400,300 $11,596.69
2023 $400,300 $11,356.51

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 $400,300 93.58% $427,762
2024 $400,300 85.70% $467,095 0.0% +9.2%
2025 $400,300 81.06% $493,832 0.0% +5.7%
2026 $400,300 74.42% $537,893 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 $400,300 2.837 $11,357 $11,356.51
2024 $400,300 2.897 $11,597 $11,596.69 +2.1%
2025 $400,300 2.985 $11,949 $11,948.96 +3.0%
2026 $400,300

Where your money goes

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

Schools
$8,238 68.9%
County
$1,181 9.9%
Municipal
$2,530 21.2%

Of the estimated change ($352): schools ≈ +78.4%, county ≈ +8.0%, municipal ≈ +13.6%.

District school (2.058)$8,238
County (0.287)$1,149
County open space (0.008)$32
Municipal purpose (0.586)$2,346
Municipal open space (0.005)$20
Municipal library (0.041)$164

Property details

Class2
Building class16
Building2SF
Land description0.23 AC
Dwellings1
Commercial units
Year built1950
Acreage0.23
ZoningR
Tax map page47
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$360,000 · 4/9/2015 · sale assessment $256,200
Deed book / page22696 / 01703

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.