306 SPRINGBROOK TR

Sparta, Sussex County · Block 3026, Lot 11

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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 $153 ($6,941 → $7,094) using 2024→2025 rates (3.589 → 3.668) × assessed net.

Assessment net change: 0.0% ($193,400 → $193,400).

Assessment

Land$119,800
Improvements$73,600
Net (taxable assessed, 2026)$193,400
Town avg ratio used59.82% (Average ratio (Director’s / Chapter 123))
Implied equalized value$323,303
2025 tax (MOD-IV billed)$7,093.91
Est. 2025 tax @ general rate$7,094
Mailing address (2026)306 SPRINGBROOK TR, 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 $193,400
2025 $193,400 $7,093.91
2024 $193,400 $6,941.13
2023 $193,400 $6,741.92

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 $193,400 78.13% $247,536
2024 $193,400 70.81% $273,125 0.0% +10.3%
2025 $193,400 64.08% $301,810 0.0% +10.5%
2026 $193,400 59.82% $323,303 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 $193,400 3.486 $6,742 $6,741.92
2024 $193,400 3.589 $6,941 $6,941.13 +3.0%
2025 $193,400 3.668 $7,094 $7,093.91 +2.2%
2026 $193,400

Where your money goes

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

Schools
$4,568 64.4%
County
$1,209 17.0%
Municipal
$1,317 18.6%

Of the estimated change ($153): schools ≈ +54.4%, county ≈ +10.1%, municipal ≈ +35.4%.

District school (2.362)$4,568
County (0.622)$1,203
County open space (0.003)$6
Municipal purpose (0.618)$1,195
Municipal open space (0.011)$21
Municipal library (0.052)$101

Property details

Class2
Building class16
BuildingRANCH
Land description62X87 LMCC
Dwellings1
Commercial units
Year built1955
Acreage0.1238
ZoningR-3
Tax map page308
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$1 · 10/27/2022 · sale assessment $193,400 · SR1A 10
Deed book / page03655 / 00152

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.