16 BOONTON AVE
Kinnelon, Morris County · Block 45502, Lot 105
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 up $297 ($9,766 → $10,062) using 2024→2025 rates (2.897 → 2.985) × assessed net.
Assessment net change: 0.0% ($337,100 → $337,100).
Assessment
| Land | $131,700 |
|---|---|
| Improvements | $205,400 |
| Net (taxable assessed, 2026) | $337,100 |
| Town avg ratio used | 74.42% (Average ratio (Director’s / Chapter 123)) |
| Implied equalized value | $452,970 |
| 2025 tax (MOD-IV billed) | $10,062.44 |
| Est. 2025 tax @ general rate | $10,062 |
| Mailing address (2026) | 16 BOONTON AVE, 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 | $337,100 | — |
| 2025 | $337,100 | $10,062.44 |
| 2024 | $337,100 | $9,765.79 |
| 2023 | $337,100 | $9,563.53 |
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 | $337,100 | 93.58% | $360,227 | — | — |
| 2024 | $337,100 | 85.70% | $393,349 | 0.0% | +9.2% |
| 2025 | $337,100 | 81.06% | $415,865 | 0.0% | +5.7% |
| 2026 | $337,100 | 74.42% | $452,970 | 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 | $337,100 | 2.837 | $9,564 | $9,563.53 | — |
| 2024 | $337,100 | 2.897 | $9,766 | $9,765.79 | +2.1% |
| 2025 | $337,100 | 2.985 | $10,062 | $10,062.44 | +3.0% |
| 2026 | $337,100 | — | — | — | — |
Where your money goes
Component $ = net × (component rate ÷ 100). Percents are share of school + county + municipal components for rate year 2025.
Of the estimated change ($297): schools ≈ +78.4%, county ≈ +8.0%, municipal ≈ +13.6%.
| District school (2.058) | $6,938 |
|---|---|
| County (0.287) | $967 |
| County open space (0.008) | $27 |
| Municipal purpose (0.586) | $1,975 |
| Municipal open space (0.005) | $17 |
| Municipal library (0.041) | $138 |
Property details
| Class | 2 |
|---|---|
| Building class | 17 |
| Building | 2SF G3 |
| Land description | 1.31 AC |
| Dwellings | 1 |
| Commercial units | — |
| Year built | 1950 |
| Acreage | 1.31 |
| Zoning | R |
| Tax map page | 55 |
| Additional lots | — |
| Census tract / block | — |
| Special tax codes | — |
| MOD-IV current-year tax | — |
| Last sale | $1 · 12/19/2015 · sale assessment $264,700 · SR1A 25 |
| Deed book / page | 22839 / 00345 |
See this lot on the statewide map, then come back for the full tax story.
Show on mapSources: 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.