1 ROMNEY CT

Andover, Sussex County · Block 111.9, Lot 8

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Assessment year 2026 · Rate year 2025 · Prior rate 2024

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 story (homeowner view)
+3.5%

Estimated tax up $533 ($15,264 → $15,796) using 2024→2025 rates (4.213 → 4.360) × assessed net.

Assessment net change: 0.0% ($362,300 → $362,300).

Assessment

Land$99,300
Improvements$263,000
Net (taxable assessed, 2026)$362,300
Town avg ratio used55.68% (Average ratio (Director’s / Chapter 123))
Implied equalized value$650,682
2025 tax (MOD-IV billed)$15,796.28
Est. 2025 tax @ general rate$15,796
Mailing address (2026)1 ROMNEY CT, 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 $362,300
2025 $362,300 $15,796.28
2024 $362,300 $15,263.70
2023 $362,300 $14,713.00

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 $362,300 74.99% $483,131
2024 $362,300 69.85% $518,683 0.0% +7.4%
2025 $362,300 61.50% $589,106 0.0% +13.6%
2026 $362,300 55.68% $650,682 0.0% +10.5%

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 $362,300 4.061 $14,713 $14,713.00
2024 $362,300 4.213 $15,264 $15,263.70 +3.7%
2025 $362,300 4.360 $15,796 $15,796.28 +3.5%
2026 $362,300

Where your money goes

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

Schools
$8,963 56.7%
County
$2,554 16.2%
Municipal
$4,279 27.1%

Of the estimated change ($533): schools ≈ +50.3%, county ≈ +19.0%, municipal ≈ +30.6%.

Regional / consolidated school (2.474)$8,963
County (0.649)$2,351
County library (0.053)$192
County open space (0.003)$11
Municipal purpose (1.172)$4,246
Municipal open space (0.009)$33

Property details

Class2
Building class17
Building
Land description.9323 AC
Dwellings1
Commercial units
Year built1988
Acreage0.9323
ZoningR1
Tax map page34
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$625,000 · 6/23/2022 · sale assessment $362,300
Deed book / page03641 / 00322

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). Estimates are not an official tax bill. Owner names are not shown. Full disclaimer.