3000 CONTINENTAL DR

Mount Olive Twp, Morris County · Block 200, Lot 1

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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)
-0.6%

Estimated tax down $9,229 ($1,644,183 → $1,634,954) using 2024→2025 rates (3.385 → 3.366) × assessed net.

Assessment net change: 0.0% ($48,572,600 → $48,572,600).

Assessment

Land$9,500,000
Improvements$39,072,600
Net (taxable assessed, 2026)$48,572,600
Town avg ratio used66.12% (Average ratio (Director’s / Chapter 123))
Implied equalized value$73,461,283
2025 tax (MOD-IV billed)$1,634,953.72
Est. 2025 tax @ general rate$1,634,954
Mailing address (2026)4000 FORSGATE DR, CRANBURY; NJ, 08512

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 13 — Bankruptcy, receivership, or liquidation sale marks it non-usable, or the price is a nominal amount.

Building permits for 3000 CONTINENTAL DR

The New Jersey construction-permit file lists 16 permits for 3000 CONTINENTAL DR in Mount Olive Twp. 16 are still open in the state file. Permit 20240066, a new building, was issued 18 Jan 2024 and is open in the state file. The reported cost is $18,900,000. The reported size is 585,000 square feet.

Permit Type Use Issued Closed Reported cost
20220305 Alteration Accessory buildings and miscellaneous structures 15 Mar 2022 Open in the state file $28,375
20230614 Demolition Accessory buildings and miscellaneous structures 5 Jun 2023 Open in the state file $200,000
20230713 Alteration International Residential Code 6 Jul 2023 Open in the state file $20,000
20230933 Demolition Business Uses 28 Aug 2023 Open in the state file $900,000
20231330 Alteration Accessory buildings and miscellaneous structures 6 Dec 2023 Open in the state file $1,718,000
20240066+A Alteration Storage building, moderate hazard 18 Jan 2024 Open in the state file $360,000
20240066 New Storage building, moderate hazard 18 Jan 2024 Open in the state file $18,900,000
20240086 Alteration International Residential Code 24 Jan 2024 Open in the state file $2,000
20231330+A Alteration Accessory buildings and miscellaneous structures 5 Mar 2024 Open in the state file $1,155,000
20240066+B Alteration Storage building, moderate hazard 28 Mar 2024 Open in the state file $1,168,680
20240377 Alteration Accessory buildings and miscellaneous structures 26 Apr 2024 Open in the state file $597,000
20260123+B Alteration Storage building, low hazard 11 May 2026 Open in the state file $240,000
20260123+A Alteration Storage building, low hazard 21 May 2026 Open in the state file $4,000,000
20260675 Alteration Business Uses 17 Jun 2026 Open in the state file $16,566,890
20260123+C Alteration Storage building, low hazard 10 Jul 2026 Open in the state file $47,500
20260123+D Alteration Storage building, low hazard 29 Jul 2026 Open in the state file $250,000

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 Mount Olive Twp construction office.

Flood zone for 3000 CONTINENTAL DR

The flood map could not be checked for 3000 CONTINENTAL DR, because the address did not place a point on the map. Assessment and tax figures on this page are from our own records.

The state’s 10-foot ground scan puts the lowest cell on this lot at 716.7 feet and the highest at 824.6 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 3000 CONTINENTAL DR

The water and sewer maps could not be checked for 3000 CONTINENTAL DR, because the address did not place a point on the map.

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 $48,572,600 —
2025 $48,572,600 $1,634,953.72
2024 $10,500,000 $355,425.00
2023 $15,500,000 $494,140.00

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 $15,500,000 82.35% $18,822,101 — —
2024 $10,500,000 75.39% $13,927,577 -32.3% -26.0%
2025 $48,572,600 70.70% $68,702,405 +362.6% +393.3%
2026 $48,572,600 66.12% $73,461,283 0.0% +6.9%

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 $15,500,000 3.188 $494,140 $494,140.00 —
2024 $10,500,000 3.385 $355,425 $355,425.00 -28.1%
2025 $48,572,600 3.366 $1,634,954 $1,634,953.72 +360.0%
2026 $48,572,600 — — — —

Where your money goes

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

Schools
$1,122,513 68.7%
County
$168,061 10.3%
Municipal
$344,380 21.1%

Of the estimated decrease of $9,229, the school portion moved $23,801 down, the county portion $8,743 up, and the municipal portion $5,829 up. Those are pieces of the dollar change. They are not a change in each share of the rate.

District school (2.311)$1,122,513
County (0.336)$163,204
County open space (0.010)$4,857
Municipal purpose (0.648)$314,750
Municipal open space (0.017)$8,257
Municipal library (0.044)$21,372

Property details

Class4B — Industrial
Building class—
Building—
Land description97.500 AC
Dwellings—
Commercial units—
Year built2000
Acreage97.5
ZoningFTZ4 — town zoning code
Tax map page2
Additional lotsL 2;3;4
Census tract / block—
Special tax codes—
MOD-IV current-year tax—
Last sale$10,000,000 · 8/9/2017 · sale assessment $15,500,000 · SR1A 13 — Bankruptcy, receivership, or liquidation sale
Deed book / page23182 / 00508

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.