54 PARK RD
Sparta, Sussex County · Block 3042, Lot 15
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 $168 ($7,616 → $7,783) using 2024→2025 rates (3.589 → 3.668) × assessed net.
Assessment net change: 0.0% ($212,200 → $212,200).
Assessment
| Land | $116,100 |
|---|---|
| Improvements | $96,100 |
| Net (taxable assessed, 2026) | $212,200 |
| Town avg ratio used | 59.82% (Average ratio (Director’s / Chapter 123)) |
| Implied equalized value | $354,731 |
| 2025 tax (MOD-IV billed) | $7,783.50 |
| Est. 2025 tax @ general rate | $7,783 |
| Mailing address (2026) | 54 PARK RD, 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 | $212,200 | — |
| 2025 | $212,200 | $7,783.50 |
| 2024 | $212,200 | $7,615.86 |
| 2023 | $212,200 | $7,397.29 |
Mailing changed in 2024 to 53 MEADOWS RD, LAFAYETTE; NJ, 07848.
Mailing changed in 2025 to 54 PARK RD, SPARTA; NJ, 07871.
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 | $212,200 | 78.13% | $271,599 | — | — |
| 2024 | $212,200 | 70.81% | $299,675 | 0.0% | +10.3% |
| 2025 | $212,200 | 64.08% | $331,149 | 0.0% | +10.5% |
| 2026 | $212,200 | 59.82% | $354,731 | 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 | $212,200 | 3.486 | $7,397 | $7,397.29 | — |
| 2024 | $212,200 | 3.589 | $7,616 | $7,615.86 | +3.0% |
| 2025 | $212,200 | 3.668 | $7,783 | $7,783.50 | +2.2% |
| 2026 | $212,200 | — | — | — | — |
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 ($168): schools ≈ +54.4%, county ≈ +10.1%, municipal ≈ +35.4%.
| District school (2.362) | $5,012 |
|---|---|
| County (0.622) | $1,320 |
| County open space (0.003) | $6 |
| Municipal purpose (0.618) | $1,311 |
| Municipal open space (0.011) | $23 |
| Municipal library (0.052) | $110 |
Property details
| Class | 2 |
|---|---|
| Building class | 17 |
| Building | OLD STYLE |
| Land description | 125X103 TRI LMCC |
| Dwellings | 1 |
| Commercial units | — |
| Year built | 1937 |
| Acreage | 0.2956 |
| Zoning | R-3 |
| Tax map page | 309 |
| Additional lots | — |
| Census tract / block | — |
| Special tax codes | — |
| MOD-IV current-year tax | — |
| Last sale | $361,000 · 1/31/2024 · sale assessment $212,200 |
| Deed book / page | 10297 / 00651 |
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.