20 FLATBROOK RD

Walpack, Sussex County · Block 1202, Lot 37A

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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)
-1.2%

Estimated tax down $17 ($1,434 → $1,417) using 2024→2025 rates (0.508 → 0.502) × assessed net.

Assessment net change: 0.0% ($282,300 → $282,300).

Assessment

Land$68,000
Improvements$214,300
Net (taxable assessed, 2026)$282,300
Town avg ratio used93.56% (Average ratio (Director’s / Chapter 123))
Implied equalized value$301,732
2025 tax (MOD-IV billed)$1,417.15
Est. 2025 tax @ general rate$1,417
Mailing address (2026)17 UNION SCHOOLHOUSE RD, MENDHAM; NJ, 07945

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 $282,300
2025 $282,300 $1,417.15
2024 $282,300 $1,434.08
2023 $65,900 $439.55

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 $65,900 89.43% $73,689
2024 $282,300 100.00% $282,300 +328.4% +283.1%
2025 $282,300 93.55% $301,764 0.0% +6.9%
2026 $282,300 93.56% $301,732 0.0% 0.0%

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 $65,900 0.667 $440 $439.55
2024 $282,300 0.508 $1,434 $1,434.08 +226.3%
2025 $282,300 0.502 $1,417 $1,417.15 -1.2%
2026 $282,300

Where your money goes

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

Schools
$0 0.0%
County
$1,417 100.0%
Municipal
$0 0.0%

Of the estimated change ($-17): schools ≈ 0.0%, county ≈ +100.0%, municipal ≈ 0.0%.

County (0.462)$1,304
County library (0.038)$107
County open space (0.002)$6

Property details

Class2
Building class16
Building2SF
Land description3.59 AC
Dwellings1
Commercial units
Year built1900
Acreage3.59
Zoning
Tax map page
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$200,000 · 10/31/2011 · SR1A 33
Deed book / page03280 / 00129

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.