5 ROUTE 615

Walpack, Sussex County · Block 601, Lot 13.3

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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 $12 ($1,043 → $1,031) using 2024→2025 rates (0.508 → 0.502) × assessed net.

Assessment net change: 0.0% ($205,300 → $205,300).

Assessment

Land$43,800
Improvements$161,500
Net (taxable assessed, 2026)$205,300
Town avg ratio used93.56% (Average ratio (Director’s / Chapter 123))
Implied equalized value$219,431
2025 tax (MOD-IV billed)$1,030.61
Est. 2025 tax @ general rate$1,031
Mailing address (2026)ROUTE 615, WALPACK; NJ, 07881

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 (2024, 2025, 2026). Tax is the MOD-IV billed amount when present; otherwise —. Current mailing is in Assessment above.

Year Assessed net Tax
2026 $205,300
2025 $205,300 $1,030.61
2024 $205,300 $1,042.92

Assessed value & ratio history

Parcel assessed nets come from MOD-IV year files (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 89.43%
2024 $205,300 100.00% $205,300
2025 $205,300 93.55% $219,455 0.0% +6.9%
2026 $205,300 93.56% $219,431 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 0.667
2024 $205,300 0.508 $1,043 $1,042.92
2025 $205,300 0.502 $1,031 $1,030.61 -1.2%
2026 $205,300

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
$1,031 100.0%
Municipal
$0 0.0%

Of the estimated change ($-12): schools ≈ 0.0%, county ≈ +100.0%, municipal ≈ 0.0%.

County (0.462)$948
County library (0.038)$78
County open space (0.002)$4

Property details

Class2
Building class16
Building
Land description.382 ACRES
Dwellings1
Commercial units0
Year built2000
Acreage0.382
Zoning
Tax map page
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale
Deed book / page00000 / 00000

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.