31 MEADOWS RD

Lafayette, Sussex County · Block 15, Lot 42, Qual Q0024

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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)
+6.6%

Estimated tax up $5 ($73 → $78) using 2024→2025 rates (2.915 → 2.987) × assessed net.

Assessment net change: +4.0% ($2,500 → $2,600).

Assessment

Land$2,600
Improvements$0
Net (taxable assessed, 2026)$2,600
Town avg ratio used62.30% (Average ratio (Director’s / Chapter 123))
Implied equalized value$4,173
2025 tax (MOD-IV billed)$74.68
Est. 2025 tax @ general rate$78
Mailing address (2026)64 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 $2,600
2025 $2,500 $74.68
2024 $2,400 $69.96
2023 $2,400 $68.50

Mailing changed in 2026 to 64 MEADOWS RD, LAFAYETTE; NJ, 07848.

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 $2,400 82.94% $2,894
2024 $2,400 73.92% $3,247 0.0% +12.2%
2025 $2,500 67.68% $3,694 +4.2% +13.8%
2026 $2,600 62.30% $4,173 +4.0% +13.0%

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 $2,400 2.854 $68 $68.50
2024 $2,400 2.915 $70 $69.96 +2.1%
2025 $2,500 2.987 $75 $74.68 +6.7%
2026 $2,600

Where your money goes

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

Schools
$52 67.5%
County
$17 21.5%
Municipal
$9 10.9%

Of the estimated change ($5): schools ≈ +74.5%, county ≈ +15.0%, municipal ≈ +10.5%.

District school (1.351)$35
Regional / consolidated school (0.666)$17
County (0.591)$15
County library (0.049)$1
County open space (0.003)$0
Municipal purpose (0.317)$8
Municipal open space (0.010)$0

Property details

Class3B
Building class
Building
Land description74.83 ACS
Dwellings
Commercial units
Year built
Acreage74.83
ZoningR-2
Tax map page13
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$1 · 8/26/2025 · sale assessment $2,500 · SR1A 25
Deed book / page10406 / 00369

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.