8 BAKER AVE

Wharton Boro, Morris County · Block 1702, Lot 3

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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)
$9,403

Estimated annual tax: current net × 2.607 (rate year 2025). Year-over-year % is hidden until the 2026 general rate is available for this reval/reassess town.

Assessment net change: +11.2% ($324,300 → $360,700).

Assessment

Land$120,100
Improvements$240,600
Net (taxable assessed, 2026)$360,700
Town avg ratio used100.00% (Revaluation year (~100% of market))
Implied equalized value$360,700
2025 tax (MOD-IV billed)$8,918.25
Est. 2025 tax @ general rate$9,403
Mailing address (2026)8 BAKER AVE, WHARTON; NJ, 07885

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.

Change since the 2025 sale of $415,000: implied equalized value $360,700 is $54,300 below that sale. This is not an appraisal. This is a reassessment year, so the ratio is treated as about 100% and the gap is today’s assessment minus the sale price.

This class 2 — residential (four families or less) — net assessment sits below the town class-2 average of $432,076.

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 92.46% (often still reflecting the prior assessment base).

Building permits for 8 BAKER AVE

No construction permit for 8 BAKER AVE is in the New Jersey construction-permit file. That file is a full record from 2021 on. Work from before then can be missing here and still be at the Wharton Boro construction office.

Flood zone for 8 BAKER AVE

The flood map could not be checked for 8 BAKER 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 706.6 feet and the highest at 715.5 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 8 BAKER AVE

The water and sewer maps could not be checked for 8 BAKER 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 $360,700 —
2025 $324,300 $8,918.25
2024 $301,200 $8,912.50
2023 $279,200 $8,359.25

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 $279,200 89.75% $311,086 — —
2024 $301,200 100.00% $301,200 +7.9% -3.2%
2025 $324,300 89.21% $363,524 +7.7% +20.7%
2026 $360,700 100.00% $360,700 +11.2% -0.8%

2024: Published average ratio exceeded 100%; New Jersey treats that as 100% for equalization.

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 92.46% (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 $279,200 2.833 $7,910 $8,359.25 —
2024 $301,200 2.802 $8,440 $8,912.50 +6.7%
2025 $324,300 2.607 $8,455 $8,918.25 +0.2%
2026 $360,700 — — — pending rate

Where your money goes

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

Schools
$6,265 66.6%
County
$905 9.6%
Municipal
$2,233 23.7%
District school (1.054)$3,802
Regional / consolidated school (0.683)$2,464
County (0.244)$880
County open space (0.007)$25
Municipal purpose (0.570)$2,056
Municipal open space (0.015)$54
Municipal library (0.034)$123

Property details

Class2 — Residential (four families or less)
Building class17 — Above standard quality single-family dwelling
Building1SFG
Land description47X88 9X88 TRI
Dwellings1
Commercial units—
Year built1950
Acreage0.0566
ZoningRM65 — town zoning code
Tax map page—
Additional lots—
Census tract / block—
Special tax codesG01 — Garbage or solid-waste district 1
MOD-IV current-year tax—
Last sale$415,000 · 12/22/2025 · sale assessment $324,300
Deed book / page25036 / 00161

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.