MT PLEASANT AVE

Rockaway Twp, Morris County · Block 11001, Lot 12

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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)
$910,364

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% ($36,961,600 → $36,961,600).

Assessment

Land$11,416,900
Improvements$25,544,700
Net (taxable assessed, 2026)$36,961,600
Town avg ratio used100.00% (Revaluation year (~100% of market))
Implied equalized value$36,961,600
2025 tax (MOD-IV billed)$910,364.21
Est. 2025 tax @ general rate$910,364
Mailing address (2026)2035 LINCOLN HIGHWAY;RT27, EDISON; NJ, 08817

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 7 — Substantially improved after the assessment and before the sale 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 MT PLEASANT AVE

The New Jersey construction-permit file lists 22 permits for MT PLEASANT AVE in Rockaway Twp. 10 are still open in the state file. Permit 26-0311+A, an alteration, was issued 16 Jul 2026 and is open in the state file. The reported cost is $2,000.

Permit Type Use Issued Closed Reported cost
21-0988 Alteration Mercantile buildings 27 Aug 2021 5 Nov 2021, Certificate of Approval $340,203
21-1198 Alteration Mercantile buildings 5 Oct 2021 25 Sep 2025, Certificate of Approval $6,550
21-1329 Alteration Accessory buildings and miscellaneous structures 1 Nov 2021 13 Jan 2022, Certificate of Approval $20,000
22-0234 Alteration Mercantile buildings 15 Mar 2022 7 Apr 2022, Continued Certificate of Occupancy $200
22-0276 Alteration Mercantile buildings 24 Mar 2022 Open in the state file $4,300
23-0181 Alteration Mercantile buildings 24 Feb 2023 1 Mar 2023, Certificate of Approval $350
23-0526 Alteration Mercantile buildings 18 May 2023 15 Feb 2024, Certificate of Approval $4,300
23-0756+A Alteration Mercantile buildings 13 Jul 2023 Open in the state file $18,161
23-0756 Alteration Mercantile buildings 13 Jul 2023 18 Aug 2023, Certificate of Occupancy $312,482
23-0756+B Alteration Mercantile buildings 24 Jul 2023 Open in the state file $15,000
23-0843 Alteration Mercantile buildings 7 Aug 2023 7 Sep 2023, Certificate of Approval $45,000
23-1062 Alteration Business Uses 20 Sep 2023 18 Jan 2024, Certificate of Approval $9,600
23-1062+A Alteration Business Uses 14 Nov 2023 Open in the state file $1,300
24-0899 Alteration Business Uses 30 Aug 2024 16 Oct 2024, Certificate of Approval $12,000
25-1131 Alteration Business Uses 2 Oct 2025 10 Oct 2025, Certificate of Approval $42,000
25-1325 Alteration Business Uses 17 Nov 2025 Open in the state file $18,010
25-1365 Alteration Business Uses 24 Nov 2025 Open in the state file $0
26-0248+A Alteration Business Uses 24 Mar 2026 Open in the state file $7,400
26-0248 Alteration Business Uses 24 Mar 2026 Open in the state file $16,800
26-0311 Alteration International Residential Code 13 Apr 2026 Open in the state file $1,800
26-0566 Alteration Business Uses 24 Jun 2026 6 Jul 2026, Certificate of Approval $4,302
26-0311+A Alteration International Residential Code 16 Jul 2026 Open in the state file $2,000

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 Rockaway Twp construction office.

Flood zone for MT PLEASANT AVE

The flood map could not be checked for MT PLEASANT AVE, 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 625.5 feet and the highest at 678.7 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 MT PLEASANT AVE

The water and sewer maps could not be checked for MT PLEASANT AVE, 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 $36,961,600 —
2025 $36,961,600 $910,364.21
2024 $35,632,900 $913,627.56
2023 $35,632,900 $935,007.30

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 $35,632,900 88.71% $40,167,850 — —
2024 $35,632,900 92.26% $38,622,263 0.0% -3.8%
2025 $36,961,600 83.87% $44,070,109 +3.7% +14.1%
2026 $36,961,600 100.00% $36,961,600 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 $35,632,900 2.624 $935,007 $935,007.30 —
2024 $35,632,900 2.564 $913,628 $913,627.56 -2.3%
2025 $36,961,600 2.463 $910,364 $910,364.21 -0.4%
2026 $36,961,600 — — — pending rate

Where your money goes

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

Schools
$598,039 65.7%
County
$97,948 10.8%
Municipal
$214,377 23.5%
District school (0.936)$345,961
Regional / consolidated school (0.682)$252,078
County (0.258)$95,361
County open space (0.007)$2,587
Municipal purpose (0.537)$198,484
Municipal open space (0.007)$2,587
Municipal library (0.036)$13,306

Property details

Class4A — Commercial
Building class—
Building—
Land description60.890 AC
Dwellings1
Commercial units—
Year built2005
Acreage60.89
Zoning0-2 — town zoning code
Tax map page110
Additional lots—
Census tract / block—
Special tax codes—
MOD-IV current-year tax—
Last sale$36,000,000 · 4/25/2006 · sale assessment $20,445,800 · SR1A 7 — Substantially improved after the assessment and before the sale
Deed book / page20498 / 00810

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.