1 BLOOMFIELD AVE

Mountain Lakes Boro, Morris County · Block 118.4, Lot 2.2

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Assessment year 2026 · Rate year 2025 · Prior rate 2024

2026 revaluation/reassessment town — 2026 general tax rate not in our warehouse yet. Showing 2025 rate against 2026 assessments; YoY % is withheld until the matching rate posts.

Estimated tax story (homeowner view)
$164,677

Estimated annual tax: current net × 2.299 (rate year 2025). Year-over-year % is hidden until the 2026 general rate is available for this reval/reassess town.

Assessment net change: +1.6% ($7,052,100 → $7,163,000).

Assessment

Land$3,759,200
Improvements$3,403,800
Net (taxable assessed, 2026)$7,163,000
Town avg ratio used100.00% (Revaluation year (~100% of market))
Implied equalized value$7,163,000
2025 tax (MOD-IV billed)$162,127.78
Est. 2025 tax @ general rate$164,677
Mailing address (2026)1 BLOOMFIELD AVE, MOUNTAIN LAKES; NJ, 07046

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 6 — Sale of only part of the assessed parcel marks it non-usable, or the price is a nominal amount.

This town revalued/reassessed for tax year 2026. New assessments are set near true market value, so we treat the ratio as ~100% for this year. Published Chapter 123 average ratio for appeals/statistics is still 87.51% (often still reflecting the prior assessment base).

Building permits for 1 BLOOMFIELD AVE

The New Jersey construction-permit file lists 5 permits for 1 BLOOMFIELD AVE in Mountain Lakes Boro. 3 are still open in the state file. Permit 25-275, an alteration, was issued 27 Oct 2025 and is open in the state file. The reported cost is $900.

Permit Type Use Issued Closed Reported cost
21-049 Alteration Business Uses 9 Feb 2021 26 Jan 2022, Certificate of Approval $48,876
21-272 Alteration Business Uses 10 Sep 2021 Open in the state file $8,166
23-084 Alteration Business Uses 3 Apr 2023 17 Jan 2024, Certificate of Approval $99,787
25-267 Alteration Business Uses 21 Oct 2025 Open in the state file $15,400
25-275 Alteration Business Uses 27 Oct 2025 Open in the state file $900

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 Mountain Lakes Boro construction office.

Flood zone for 1 BLOOMFIELD AVE

FEMA’s flood map returned no flood zone at the mapped point for 1 BLOOMFIELD AVE.

The state’s 10-foot ground scan puts the lowest cell on this lot at 321.4 feet and the highest at 349.2 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 1 BLOOMFIELD AVE

This lot is within the Parsippany Troy Hills STP sewer system. Please verify with the provider.

This lot is within the Mountain Lakes WD 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 $7,163,000 —
2025 $7,052,100 $162,127.78
2024 $6,908,700 $164,979.76
2023 $6,687,000 $169,047.36

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 $6,687,000 89.29% $7,489,081 — —
2024 $6,908,700 95.55% $7,230,455 +3.3% -3.5%
2025 $7,052,100 84.54% $8,341,732 +2.1% +15.4%
2026 $7,163,000 100.00% $7,163,000 +1.6% -14.1%

2026: This town revalued/reassessed for tax year 2026. New assessments are set near true market value, so we treat the ratio as ~100% for this year. Published Chapter 123 average ratio for appeals/statistics is still 87.51% (often still reflecting the prior assessment base).

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 $6,687,000 2.528 $169,047 $169,047.36 —
2024 $6,908,700 2.388 $164,980 $164,979.76 -2.4%
2025 $7,052,100 2.299 $162,128 $162,127.78 -1.7%
2026 $7,163,000 — — — pending rate

Where your money goes

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

Schools
$113,605 69.0%
County
$18,767 11.4%
Municipal
$32,305 19.6%
District school (1.586)$113,605
County (0.255)$18,266
County open space (0.007)$501
Municipal purpose (0.451)$32,305

Property details

Class4A — Commercial
Building class—
Building2S OFFICE
Land description6.6831 ACRES
Dwellings—
Commercial units—
Year built1976
Acreage6.6831
ZoningOL-2 — town zoning code
Tax map pageM19
Additional lotsSUBDIVIDED FROM LT 2
Census tract / block—
Special tax codes—
MOD-IV current-year tax—
Last sale$11,200,000 · 11/8/2016 · sale assessment $5,898,400 · SR1A 6 — Sale of only part of the assessed parcel
Deed book / page23024 / 01858

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.