203 RT 15

Lafayette, Sussex County · Block 17, Lot 1.2, Qual Q0009

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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)
+5.8%

Estimated tax up $37 ($635 → $672) using 2024→2025 rates (2.915 → 2.987) × assessed net.

Assessment net change: +3.2% ($21,800 → $22,500).

Assessment

Land$22,500
Improvements$0
Net (taxable assessed, 2026)$22,500
Town avg ratio used62.30% (Average ratio (Director’s / Chapter 123))
Implied equalized value$36,116
2025 tax (MOD-IV billed)$651.17
Est. 2025 tax @ general rate$672
Mailing address (2026)PO BOX 189, AUGUSTA; NJ, 07822

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 $22,500
2025 $21,800 $651.17
2024 $20,500 $597.58
2023 $20,500 $585.07

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 $20,500 82.94% $24,717
2024 $20,500 73.92% $27,733 0.0% +12.2%
2025 $21,800 67.68% $32,210 +6.3% +16.1%
2026 $22,500 62.30% $36,116 +3.2% +12.1%

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 $20,500 2.854 $585 $585.07
2024 $20,500 2.915 $598 $597.58 +2.1%
2025 $21,800 2.987 $651 $651.17 +9.0%
2026 $22,500

Where your money goes

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

Schools
$454 67.5%
County
$145 21.5%
Municipal
$74 10.9%

Of the estimated change ($37): schools ≈ +75.5%, county ≈ +14.1%, municipal ≈ +10.4%.

District school (1.351)$304
Regional / consolidated school (0.666)$150
County (0.591)$133
County library (0.049)$11
County open space (0.003)$1
Municipal purpose (0.317)$71
Municipal open space (0.010)$2

Property details

Class3B
Building class
Building
Land description32.10 ACS
Dwellings
Commercial units
Year built
Acreage32.1
ZoningB-2
Tax map page18
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$1 · 1/12/1998 · sale assessment $9,900 · SR1A 25
Deed book / page02265 / 00237

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.