OFF MEADOWS RD
Lafayette, Sussex County · Block 14, Lot 22, Qual Q0024
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 $13 ($271 → $284) using 2024→2025 rates (2.915 → 2.987) × assessed net.
Assessment net change: +2.2% ($9,300 → $9,500).
Assessment
| Land | $9,500 |
|---|---|
| Improvements | $0 |
| Net (taxable assessed, 2026) | $9,500 |
| Town avg ratio used | 62.30% (Average ratio (Director’s / Chapter 123)) |
| Implied equalized value | $15,249 |
| 2025 tax (MOD-IV billed) | $277.79 |
| Est. 2025 tax @ general rate | $284 |
| Mailing address (2026) | 68 MEADOWS 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 | $9,500 | — |
| 2025 | $9,300 | $277.79 |
| 2024 | $8,700 | $253.61 |
| 2023 | $8,700 | $248.30 |
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 | $8,700 | 82.94% | $10,490 | — | — |
| 2024 | $8,700 | 73.92% | $11,769 | 0.0% | +12.2% |
| 2025 | $9,300 | 67.68% | $13,741 | +6.9% | +16.8% |
| 2026 | $9,500 | 62.30% | $15,249 | +2.2% | +11.0% |
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 | $8,700 | 2.854 | $248 | $248.30 | — |
| 2024 | $8,700 | 2.915 | $254 | $253.61 | +2.1% |
| 2025 | $9,300 | 2.987 | $278 | $277.79 | +9.5% |
| 2026 | $9,500 | — | — | — | — |
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 ($13): schools ≈ +77.3%, county ≈ +12.4%, municipal ≈ +10.3%.
| District school (1.351) | $128 |
|---|---|
| Regional / consolidated school (0.666) | $63 |
| County (0.591) | $56 |
| County library (0.049) | $5 |
| County open space (0.003) | $0 |
| Municipal purpose (0.317) | $30 |
| Municipal open space (0.010) | $1 |
Property details
| Class | 3B |
|---|---|
| Building class | — |
| Building | — |
| Land description | 27.22 AC |
| Dwellings | — |
| Commercial units | — |
| Year built | — |
| Acreage | 27.22 |
| Zoning | C |
| Tax map page | 16 |
| Additional lots | — |
| Census tract / block | — |
| Special tax codes | — |
| MOD-IV current-year tax | — |
| Last sale | $500,000 · 6/18/1998 · sale assessment $1,700 · SR1A 26 |
| Deed book / page | 02297 / 00055 |
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.