340 MT KEMBLE AVE

Morris Twp, Morris County · Block 6101, Lot 5

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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)
+20.0%

Estimated tax up $256,101 ($1,281,104 → $1,537,205) using 2024→2025 rates (2.002 → 1.968) × assessed net.

Assessment net change: +22.1% ($63,991,200 → $78,110,000).

Assessment

Land$11,610,000
Improvements$66,500,000
Net (taxable assessed, 2026)$78,110,000
Town avg ratio used72.98% (Average ratio (Director’s / Chapter 123))
Implied equalized value$107,029,323
2025 tax (MOD-IV billed)$1,259,346.82
Est. 2025 tax @ general rate$1,537,205
Mailing address (2026)362 FIFTH AVE STE 901, NEW YORK; NY, 10001

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.

The stored sale is not used for a change-since-sale figure. SR1A 29 — Assessment set by a court, a consent judgment, or the Freeze Act marks it non-usable, or the price is a nominal amount.

Building permits for 340 MT KEMBLE AVE

The New Jersey construction-permit file lists 50 permits for 340 MT KEMBLE AVE in Morris Twp. 3 are still open in the state file. Permit 24-0784+F, an alteration, was issued 4 Oct 2024 and closed 16 Oct 2024 with a Certificate of Approval. The reported cost is $47,762.

Permit Type Use Issued Closed Reported cost
19-1374 Alteration Business Uses 13 Sep 2019 7 Jul 2021, Temporary Certificate of Occupancy $26,215,700
19-1374+A Alteration Business Uses 19 May 2020 30 Dec 2021, Certificate of Approval $300,000
20-0772+E Alteration Business Uses 26 Aug 2020 30 Dec 2021, Certificate of Approval $200,000
20-0772+D Alteration Business Uses 26 Aug 2020 30 Dec 2021, Certificate of Approval $704,000
20-0772+F Alteration Business Uses 15 Sep 2020 30 Dec 2021, Certificate of Approval $570,000
19-1374+B Alteration Accessory buildings and miscellaneous structures 24 Sep 2020 30 Dec 2021, Certificate of Approval $47,500
19-1374+D Alteration Business Uses 6 Nov 2020 30 Dec 2021, Certificate of Approval $367,220
19-1374+F Alteration Business Uses 12 Jan 2021 30 Dec 2021, Certificate of Approval $200,000
19-1374+G Alteration Business Uses 27 Jan 2021 11 Jan 2022, Certificate of Approval $16,500
20-0772+I Alteration Business Uses 1 Mar 2021 30 Dec 2021, Certificate of Approval $6,800
20-0772+H Alteration Business Uses 2 Mar 2021 30 Dec 2021, Certificate of Approval $3,300
19-1374+J Alteration Business Uses 5 May 2021 30 Dec 2021, Certificate of Approval $70,000
22-0060+A Alteration Business Uses 14 Jan 2022 1 Jun 2022, Certificate of Approval $30,000
22-0060 Alteration Business Uses 14 Jan 2022 1 Jun 2022, Certificate of Occupancy $476,500
19-1374+K Alteration Business Uses 3 May 2022 4 May 2022, Certificate of Approval $5,000
22-0060+C Alteration Business Uses 5 May 2022 24 May 2022, Certificate of Approval $145,000
22-0060+B Alteration Business Uses 5 May 2022 24 May 2022, Certificate of Approval $74,390
22-0060+D Alteration Business Uses 31 May 2022 1 Jun 2022, Certificate of Approval $700
23-0050+B Alteration Business Uses 13 Jan 2023 29 Nov 2023, Certificate of Approval $225,000
23-0050+A Alteration Business Uses 13 Jan 2023 29 Nov 2023, Certificate of Approval $350,000
23-0050 Alteration Business Uses 13 Jan 2023 15 Jun 2023, Temporary Certificate of Occupancy $3,975,000
23-0050+E Alteration Business Uses 10 Mar 2023 29 Nov 2023, Certificate of Approval $200,000
23-0050+C Alteration Business Uses 10 Mar 2023 15 Jun 2023, Certificate of Approval $1,400,000
23-0050+D Alteration Business Uses 13 Mar 2023 15 Jun 2023, Certificate of Approval $150,000
23-0050+F Alteration Business Uses 30 Mar 2023 29 Nov 2023, Certificate of Approval $225,000
23-0448 Alteration Business Uses 13 Apr 2023 14 Nov 2023, Temporary Certificate of Occupancy $15,281,376
23-0448+B Alteration Business Uses 13 Apr 2023 14 Nov 2023, Certificate of Approval $263,932
23-0448+A Alteration Business Uses 13 Apr 2023 14 Nov 2023, Certificate of Approval $900,000
23-0050+G Alteration Business Uses 11 May 2023 16 Aug 2023, Certificate of Approval $50,000
23-0448+E Alteration Business Uses 15 May 2023 14 Nov 2023, Certificate of Approval $173,000
23-0448+D Alteration Business Uses 15 May 2023 14 Nov 2023, Certificate of Approval $308,000
23-0626 Alteration Business Uses 19 May 2023 5 Jun 2023, Certificate of Approval $26,431
23-0716 Alteration Business Uses 5 Jun 2023 Open in the state file $27,900
23-0734 Alteration Business Uses 8 Jun 2023 Open in the state file $2,500
23-0448+F Alteration Business Uses 9 Jun 2023 14 Nov 2023, Certificate of Approval $250,000
23-0448+G Alteration Business Uses 9 Jun 2023 14 Nov 2023, Certificate of Approval $28,400
23-0448+H Alteration Business Uses 14 Jul 2023 14 Nov 2023, Certificate of Approval $1,133,215
23-0448+I Alteration Business Uses 13 Oct 2023 14 Nov 2023, Certificate of Approval $300
23-0050+H Alteration Business Uses 6 Nov 2023 29 Nov 2023, Certificate of Approval $100
23-1647 Alteration Business Uses 28 Nov 2023 25 Jul 2024, Certificate of Approval $250,000
23-1647+A Alteration Business Uses 10 Jan 2024 25 Jul 2024, Certificate of Approval $15,000
23-1647+B Alteration Business Uses 12 Mar 2024 25 Jul 2024, Certificate of Approval $15,000
24-0423 Alteration Business Uses 3 Apr 2024 Open in the state file $99,057
24-0663 Alteration Accessory buildings and miscellaneous structures 15 May 2024 12 Dec 2024, Certificate of Approval $5,250
24-0784+A Alteration Business Uses 10 Jun 2024 16 Oct 2024, Certificate of Approval $12,000
24-0784+B Alteration Business Uses 10 Jun 2024 21 Oct 2024, Certificate of Approval $200,000
24-0784 Alteration Business Uses 10 Jun 2024 21 Oct 2024, Certificate of Approval $735,000
23-0448+J Alteration Business Uses 26 Jul 2024 3 Sep 2024, Certificate of Approval $2,000
24-0784+D Alteration Business Uses 12 Aug 2024 21 Oct 2024, Certificate of Approval $310,000
24-0784+F Alteration Business Uses 4 Oct 2024 16 Oct 2024, Certificate of Approval $47,762

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 Morris Twp construction office.

Flood zone for 340 MT KEMBLE AVE

FEMA’s flood map returned no flood zone at the mapped point for 340 MT KEMBLE AVE.

The state’s 10-foot ground scan puts the lowest cell on this lot at 303 feet and the highest at 408.2 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 340 MT KEMBLE AVE

This lot is within the Woodland STP sewer system. Please verify with the provider.

This lot is within the South East Morris County MUA 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 $78,110,000 —
2025 $63,991,200 $1,259,346.82
2024 $53,335,500 $1,281,103.83
2023 $48,555,500 $1,069,376.78

Mailing changed in 2025 to PO BOX 34251, CHARLOTTE; NC, 28234.

Mailing changed in 2026 to 362 FIFTH AVE STE 901, NEW YORK; NY, 10001.

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 $48,555,500 89.69% $54,137,028 — —
2024 $53,335,500 83.70% $63,722,222 +9.8% +17.7%
2025 $63,991,200 78.90% $81,104,183 +20.0% +27.3%
2026 $78,110,000 72.98% $107,029,323 +22.1% +32.0%

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 $48,555,500 2.005 $973,538 $1,069,376.78 —
2024 $53,335,500 2.002 $1,067,777 $1,281,103.83 +9.7%
2025 $63,991,200 1.968 $1,259,347 $1,259,346.82 +17.9%
2026 $78,110,000 — — — —

Where your money goes

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

Schools
$895,922 58.3%
County
$237,454 15.4%
Municipal
$403,829 26.3%

Of the estimated increase of $256,101, the school portion moved $129,307 up, the county portion $48,040 up, and the municipal portion $78,753 up. Those are pieces of the dollar change. They are not a change in each share of the rate.

Regional / consolidated school (1.147)$895,922
County (0.296)$231,206
County open space (0.008)$6,249
Municipal purpose (0.462)$360,868
Municipal open space (0.013)$10,154
Municipal library (0.042)$32,806

Property details

Class4A — Commercial
Building class—
Building3S OB/439196 SF
Land description40.080 AC
Dwellings1
Commercial units—
Year built1981
Acreage40.08
ZoningOL40 — town zoning code
Tax map page—
Additional lots—
Census tract / block—
Special tax codes—
MOD-IV current-year tax—
Last sale$118,500,000 · 1/21/2025 · sale assessment $63,991,200 · SR1A 29 — Assessment set by a court, a consent judgment, or the Freeze Act
Deed book / page24870 / 01601

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.