7 CHAPEL HILL CT

Sparta, Sussex County · Block 13001, Lot 65

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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)
+2.2%

Estimated tax up $544 ($24,721 → $25,265) using 2024→2025 rates (3.589 → 3.668) × assessed net.

Assessment net change: 0.0% ($688,800 → $688,800).

Assessment

Land$196,700
Improvements$492,100
Net (taxable assessed, 2026)$688,800
Town avg ratio used59.82% (Average ratio (Director’s / Chapter 123))
Implied equalized value$1,151,454
2025 tax (MOD-IV billed)$25,015.18
Est. 2025 tax @ general rate$25,265
Mailing address (2026)7 CHAPEL HILL CT, SPARTA; NJ, 07871

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 $688,800
2025 $688,800 $25,015.18
2024 $688,800 $24,471.03
2023 $688,800 $23,761.57

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 $688,800 78.13% $881,608
2024 $688,800 70.81% $972,744 0.0% +10.3%
2025 $688,800 64.08% $1,074,906 0.0% +10.5%
2026 $688,800 59.82% $1,151,454 0.0% +7.1%

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 $688,800 3.486 $24,012 $23,761.57
2024 $688,800 3.589 $24,721 $24,471.03 +3.0%
2025 $688,800 3.668 $25,265 $25,015.18 +2.2%
2026 $688,800

Where your money goes

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

Schools
$16,269 64.4%
County
$4,305 17.0%
Municipal
$4,691 18.6%

Of the estimated change ($544): schools ≈ +54.4%, county ≈ +10.1%, municipal ≈ +35.4%.

District school (2.362)$16,269
County (0.622)$4,284
County open space (0.003)$21
Municipal purpose (0.618)$4,257
Municipal open space (0.011)$76
Municipal library (0.052)$358

Property details

Class2
Building class18
Building
Land description1.701 ACS
Dwellings1
Commercial units
Year built2010
Acreage1.701
ZoningRC-2
Tax map page1302
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$679,000 · 6/24/2011 · sale assessment $539,900 · SR1A 7
Deed book / page03273 / 00517

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.