120 WARBASSE JUNCTION RD
Andover, Sussex County · Block 111, Lot 12.2, Qual QFARM
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 up $22 ($143 → $166) using 2024→2025 rates (4.213 → 4.360) × assessed net.
Assessment net change: +11.8% ($3,400 → $3,800).
Assessment
| Land | $3,800 |
|---|---|
| Improvements | $0 |
| Net (taxable assessed, 2026) | $3,800 |
| Town avg ratio used | 55.68% (Average ratio (Director’s / Chapter 123)) |
| Implied equalized value | $6,825 |
| 2025 tax (MOD-IV billed) | $148.24 |
| Est. 2025 tax @ general rate | $166 |
| Mailing address (2026) | 120 WARBASSE JUNCTION RD, LAFAYETTE; NJ, 07848 |
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.
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 | $3,800 | — |
| 2025 | $3,400 | $148.24 |
| 2024 | $3,400 | $143.24 |
| 2023 | $3,400 | $138.07 |
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 | $3,400 | 74.99% | $4,534 | — | — |
| 2024 | $3,400 | 69.85% | $4,868 | 0.0% | +7.4% |
| 2025 | $3,400 | 61.50% | $5,528 | 0.0% | +13.6% |
| 2026 | $3,800 | 55.68% | $6,825 | +11.8% | +23.4% |
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 | $3,400 | 4.061 | $138 | $138.07 | — |
| 2024 | $3,400 | 4.213 | $143 | $143.24 | +3.7% |
| 2025 | $3,400 | 4.360 | $148 | $148.24 | +3.5% |
| 2026 | $3,800 | — | — | — | — |
Where your money goes
Component $ = net × (component rate ÷ 100). Percents are share of school + county + municipal components for rate year 2025.
Of the estimated change ($22): schools ≈ +55.3%, county ≈ +16.8%, municipal ≈ +27.9%.
| Regional / consolidated school (2.474) | $94 |
|---|---|
| County (0.649) | $25 |
| County library (0.053) | $2 |
| County open space (0.003) | $0 |
| Municipal purpose (1.172) | $45 |
| Municipal open space (0.009) | $0 |
Property details
| Class | 3B |
|---|---|
| Building class | — |
| Building | — |
| Land description | 31.5 ACS |
| Dwellings | — |
| Commercial units | — |
| Year built | — |
| Acreage | 31.5 |
| Zoning | R1 |
| Tax map page | 34 |
| Additional lots | — |
| Census tract / block | — |
| Special tax codes | — |
| MOD-IV current-year tax | — |
| Last sale | $1 · 12/30/2019 · sale assessment $5,000 · SR1A 1 |
| Deed book / page | 03544 / 00206 |
See this lot on the statewide map, then come back for the full tax story.
Show on mapSources: NJ Division of Taxation MOD-IV (current parcel file) and tax rates for 2025 (Abstract of Ratables). Estimates are not an official tax bill. Owner names are not shown. Full disclaimer.