23 CAMBRIDGE DR

Sparta, Sussex County · Block 2008, Lot 4

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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 $252 ($11,456 → $11,708) using 2024→2025 rates (3.589 → 3.668) × assessed net.

Assessment net change: 0.0% ($319,200 → $319,200).

Assessment

Land$140,200
Improvements$179,000
Net (taxable assessed, 2026)$319,200
Town avg ratio used59.82% (Average ratio (Director’s / Chapter 123))
Implied equalized value$533,601
2025 tax (MOD-IV billed)$11,708.26
Est. 2025 tax @ general rate$11,708
Mailing address (2026)23 CAMBRIDGE DR, 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 $319,200
2025 $319,200 $11,708.26
2024 $319,200 $11,456.09
2023 $319,200 $11,127.31

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 $319,200 78.13% $408,550
2024 $319,200 70.81% $450,784 0.0% +10.3%
2025 $319,200 64.08% $498,127 0.0% +10.5%
2026 $319,200 59.82% $533,601 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 $319,200 3.486 $11,127 $11,127.31
2024 $319,200 3.589 $11,456 $11,456.09 +3.0%
2025 $319,200 3.668 $11,708 $11,708.26 +2.2%
2026 $319,200

Where your money goes

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

Schools
$7,540 64.4%
County
$1,995 17.0%
Municipal
$2,174 18.6%

Of the estimated change ($252): schools ≈ +54.4%, county ≈ +10.1%, municipal ≈ +35.4%.

District school (2.362)$7,540
County (0.622)$1,985
County open space (0.003)$10
Municipal purpose (0.618)$1,973
Municipal open space (0.011)$35
Municipal library (0.052)$166

Property details

Class2
Building class17
BuildingCOLONIAL
Land description100X193
Dwellings1
Commercial units
Year built1973
Acreage0.4431
ZoningR-2
Tax map page203
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$480,000 · 8/12/2021 · sale assessment $319,200
Deed book / page03607 / 00331

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.