23 COTTONWOOD TRL
Sparta, Sussex County · Block 21001, Lot 36
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 $399 ($18,146 → $18,545) using 2024→2025 rates (3.589 → 3.668) × assessed net.
Assessment net change: 0.0% ($505,600 → $505,600).
Assessment
| Land | $158,800 |
|---|---|
| Improvements | $346,800 |
| Net (taxable assessed, 2026) | $505,600 |
| Town avg ratio used | 59.82% (Average ratio (Director’s / Chapter 123)) |
| Implied equalized value | $845,202 |
| 2025 tax (MOD-IV billed) | $18,545.41 |
| Est. 2025 tax @ general rate | $18,545 |
| Mailing address (2026) | 23 COTTONWOOD TRL, 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 | $505,600 | — |
| 2025 | $505,600 | $18,545.41 |
| 2024 | $505,600 | $18,145.98 |
| 2023 | $505,600 | $17,625.22 |
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 | $505,600 | 78.13% | $647,127 | — | — |
| 2024 | $505,600 | 70.81% | $714,023 | 0.0% | +10.3% |
| 2025 | $505,600 | 64.08% | $789,014 | 0.0% | +10.5% |
| 2026 | $505,600 | 59.82% | $845,202 | 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 | $505,600 | 3.486 | $17,625 | $17,625.22 | — |
| 2024 | $505,600 | 3.589 | $18,146 | $18,145.98 | +3.0% |
| 2025 | $505,600 | 3.668 | $18,545 | $18,545.41 | +2.2% |
| 2026 | $505,600 | — | — | — | — |
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 ($399): schools ≈ +54.4%, county ≈ +10.1%, municipal ≈ +35.4%.
| District school (2.362) | $11,942 |
|---|---|
| County (0.622) | $3,145 |
| County open space (0.003) | $15 |
| Municipal purpose (0.618) | $3,125 |
| Municipal open space (0.011) | $56 |
| Municipal library (0.052) | $263 |
Property details
| Class | 2 |
|---|---|
| Building class | 17 |
| Building | COLONIAL |
| Land description | 1.38 ACS |
| Dwellings | 1 |
| Commercial units | — |
| Year built | 2003 |
| Acreage | 1.38 |
| Zoning | RR |
| Tax map page | 21 |
| Additional lots | — |
| Census tract / block | — |
| Special tax codes | — |
| MOD-IV current-year tax | — |
| Last sale | $550,000 · 10/26/2020 · sale assessment $505,600 |
| Deed book / page | 03577 / 00374 |
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.