41 LUCHETTI WAY

Andover, Sussex County · Block 129, Lot 1.1

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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 $369 ($10,579 → $10,948) using 2024→2025 rates (4.213 → 4.360) × assessed net.

Assessment net change: 0.0% ($251,100 → $251,100).

Assessment

Land$95,000
Improvements$156,100
Net (taxable assessed, 2026)$251,100
Town avg ratio used55.68% (Average ratio (Director’s / Chapter 123))
Implied equalized value$450,970
2025 tax (MOD-IV billed)$10,947.96
Est. 2025 tax @ general rate$10,948
Mailing address (2026)41 LUCHETTI WAY, NEWTON; NJ, 07860

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 $251,100
2025 $251,100 $10,947.96
2024 $251,100 $10,578.84
2023 $251,100 $10,197.17

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 $251,100 74.99% $334,845
2024 $251,100 69.85% $359,485 0.0% +7.4%
2025 $251,100 61.50% $408,293 0.0% +13.6%
2026 $251,100 55.68% $450,970 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 $251,100 4.061 $10,197 $10,197.17
2024 $251,100 4.213 $10,579 $10,578.84 +3.7%
2025 $251,100 4.360 $10,948 $10,947.96 +3.5%
2026 $251,100

Where your money goes

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

Schools
$6,212 56.7%
County
$1,770 16.2%
Municipal
$2,965 27.1%

Of the estimated change ($369): schools ≈ +50.3%, county ≈ +19.0%, municipal ≈ +30.6%.

Regional / consolidated school (2.474)$6,212
County (0.649)$1,630
County library (0.053)$133
County open space (0.003)$8
Municipal purpose (1.172)$2,943
Municipal open space (0.009)$23

Property details

Class2
Building class17
Building
Land description1 AC
Dwellings1
Commercial units
Year built1980
Acreage1
ZoningR1
Tax map page28
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$150,000 · 11/20/1992 · sale assessment $133,300
Deed book / page01894 / 00224

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.