301 MT HOPE AVE

Rockaway Twp, Morris County · Block 11001, Lot 1

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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)
$3,694,500

Estimated annual tax: current net × 2.463 (rate year 2025). Year-over-year % is hidden until the 2026 general rate is available for this reval/reassess town.

Assessment net change: 0.0% ($150,000,000 → $150,000,000).

Assessment

Land$65,490,700
Improvements$84,509,300
Net (taxable assessed, 2026)$150,000,000
Town avg ratio used100.00% (Revaluation year (~100% of market))
Implied equalized value$150,000,000
2025 tax (MOD-IV billed)$3,694,500.00
Est. 2025 tax @ general rate$3,694,500
Mailing address (2026)PO BOX 6120, INDIANAPOLIS; IN, 46206

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 83.81% (often still reflecting the prior assessment base).

Building permits for 301 MT HOPE AVE

The New Jersey construction-permit file lists 50 permits for 301 MT HOPE AVE in Rockaway Twp. 27 are still open in the state file. Permit 22-0240, an alteration, was issued 16 Mar 2022 and is open in the state file. The reported cost is $200.

Permit Type Use Issued Closed Reported cost
11721 Alteration Mercantile buildings 14 Apr 1989 Open in the state file $600
97-188 Demolition Accessory buildings and miscellaneous structures 4 Apr 1997 Open in the state file $600
98-496 Demolition Accessory buildings and miscellaneous structures 17 Jun 1998 1 Mar 1999, Certificate of Approval $7,000
10-1067 Alteration International Residential Code 24 Sep 2010 29 Oct 2010, Certificate of Approval $26,000
10-1191 Alteration International Residential Code 21 Oct 2010 10 Nov 2010, Certificate of Approval $1,000
19-1253 Alteration Mercantile buildings 6 Nov 2019 10 Feb 2020, Certificate of Approval $275,000
20-0220 Alteration Mercantile buildings 10 Mar 2020 1 Jul 2022, Certificate of Approval $900
20-0479 Alteration Mercantile buildings 22 Jun 2020 26 May 2022, Certificate of Approval $8,000
20-0698 Alteration Mercantile buildings 31 Jul 2020 17 Aug 2022, Certificate of Approval $11,932
21-0557 Alteration Mercantile buildings 25 May 2021 9 Aug 2021, Certificate of Approval $1,560
21-0567 Demolition Mercantile buildings 27 May 2021 26 Jan 2022, Certificate of Approval $75,000
21-0668 Alteration Mercantile buildings 15 Jun 2021 7 Feb 2023, Certificate of Approval $9,100
21-0769 Alteration Mercantile buildings 9 Jul 2021 Open in the state file $200
21-0789+A Alteration Restaurants, Night Clubs, Dance Halls, and similar 15 Jul 2021 Open in the state file $50,000
21-0789 Alteration Restaurants, Night Clubs, Dance Halls, and similar 15 Jul 2021 26 Jan 2022, Temporary Certificate of Occupancy $1,292,000
21-0789+B Alteration Restaurants, Night Clubs, Dance Halls, and similar 9 Aug 2021 Open in the state file $5,200
21-0789+C Alteration Restaurants, Night Clubs, Dance Halls, and similar 10 Aug 2021 Open in the state file $2,000
21-0956 Alteration Mercantile buildings 16 Aug 2021 27 Feb 2023, Certificate of Approval $1,900
21-0979 Alteration Mercantile buildings 24 Aug 2021 Open in the state file $200
21-0984 Alteration Mercantile buildings 27 Aug 2021 Open in the state file $5,150
21-1042 Alteration Mercantile buildings 7 Sep 2021 Open in the state file $200
21-1080 Alteration Mercantile buildings 10 Sep 2021 Open in the state file $2,100
21-1139 Alteration Mercantile buildings 22 Sep 2021 7 Mar 2023, Certificate of Approval $1,500
21-1159 Alteration Mercantile buildings 27 Sep 2021 26 Jan 2022, Certificate of Approval $20,000
21-1167 Alteration Mercantile buildings 28 Sep 2021 Open in the state file $200
21-1253 Alteration Mercantile buildings 19 Oct 2021 Open in the state file $200
21-1259 Alteration Mercantile buildings 20 Oct 2021 Open in the state file $650
21-0789+D Alteration Restaurants, Night Clubs, Dance Halls, and similar 26 Oct 2021 Open in the state file $30,000
21-1314 Alteration Mercantile buildings 28 Oct 2021 Open in the state file $500
21-1340 Alteration Mercantile buildings 3 Nov 2021 16 Feb 2022, Certificate of Approval $8,800
21-1347 Alteration Mercantile buildings 4 Nov 2021 Open in the state file $200
21-1359 Alteration Mercantile buildings 8 Nov 2021 Open in the state file $200
21-1361 Alteration Mercantile buildings 8 Nov 2021 Open in the state file $200
21-1363 Alteration Mercantile buildings 8 Nov 2021 Open in the state file $200
21-1374 Alteration Mercantile buildings 12 Nov 2021 13 Dec 2021, Certificate of Approval $5,300
21-1379 Alteration Mercantile buildings 12 Nov 2021 Open in the state file $200
21-1382 Alteration Mercantile buildings 15 Nov 2021 17 Nov 2021, Certificate of Approval $400
21-1409 Alteration Mercantile buildings 17 Nov 2021 Open in the state file $1,400
21-1447 Alteration Mercantile buildings 3 Dec 2021 Open in the state file $150
21-1460 Alteration Mercantile buildings 8 Dec 2021 Open in the state file $150
21-1463 Alteration Mercantile buildings 9 Dec 2021 29 Dec 2021, Continued Certificate of Occupancy $200
21-1464 Alteration Mercantile buildings 9 Dec 2021 3 Feb 2023, Certificate of Approval $3,800
21-1468 Alteration Mercantile buildings 10 Dec 2021 7 Apr 2022, Certificate of Approval $26,000
21-1507 Alteration Mercantile buildings 16 Dec 2021 7 Apr 2022, Certificate of Approval $500
21-0789+E Alteration Restaurants, Night Clubs, Dance Halls, and similar 20 Jan 2022 Open in the state file $500
22-0062 Alteration International Residential Code 24 Jan 2022 2 Feb 2022, Certificate of Approval $50
22-0073 Alteration Business Uses 31 Jan 2022 6 Feb 2023, Certificate of Approval $1,550
22-0136 Alteration Business Uses 17 Feb 2022 Open in the state file $200
22-0229 Alteration Restaurants, Night Clubs, Dance Halls, and similar 14 Mar 2022 Open in the state file $2,500
22-0240 Alteration Business Uses 16 Mar 2022 Open in the state file $200

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 Rockaway Twp construction office.

Flood zone for 301 MT HOPE AVE

FEMA’s flood map returned no flood zone at the mapped point for 301 MT HOPE AVE.

The high and low ground elevation could not be read for this lot.

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 301 MT HOPE AVE

This lot is within the Rockaway Valley Regional SA sewer system. Please verify with the provider.

This lot is within the Rockaway Twp 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 $150,000,000 —
2025 $150,000,000 $3,694,500.00
2024 $150,000,000 $3,846,000.00
2023 $150,000,000 $3,936,000.00

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 $150,000,000 88.71% $169,090,294 — —
2024 $150,000,000 92.26% $162,584,002 0.0% -3.8%
2025 $150,000,000 83.87% $178,848,217 0.0% +10.0%
2026 $150,000,000 100.00% $150,000,000 0.0% -16.1%

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 83.81% (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 $150,000,000 2.624 $3,936,000 $3,936,000.00 —
2024 $150,000,000 2.564 $3,846,000 $3,846,000.00 -2.3%
2025 $150,000,000 2.463 $3,694,500 $3,694,500.00 -3.9%
2026 $150,000,000 — — — pending rate

Where your money goes

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

Schools
$2,427,000 65.7%
County
$397,500 10.8%
Municipal
$870,000 23.5%
District school (0.936)$1,404,000
Regional / consolidated school (0.682)$1,023,000
County (0.258)$387,000
County open space (0.007)$10,500
Municipal purpose (0.537)$805,500
Municipal open space (0.007)$10,500
Municipal library (0.036)$54,000

Property details

Class4A — Commercial
Building class—
Building2SS
Land description59.537 AC
Dwellings1
Commercial units—
Year built—
Acreage59.537
ZoningR-B — town zoning code
Tax map page110
Additional lots—
Census tract / block—
Special tax codes—
MOD-IV current-year tax—
Last sale$10,550,000 · 6/9/2003 · sale assessment $186,988,900 · SR1A 6 — Sale of only part of the assessed parcel
Deed book / page05862 / 00067

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.