Financial & Assessment Core

Assessor Fair Market Value

$550,000

Taxable Assessed Value

$550,000

Est. Benchmark Tax (Unadjusted)

$9,900 / yr

at 1.8% benchmark baseline

Check Tax Equity Comps →

Cadastral Land Area

0.70 Acres

30,600 sq ft

Cadastral Attributes & Deed Registry

Recorded Legal Owner	Public Assessment Record
Mailing Address	452 ROCKAWAY ST, BOONTON, NJ NJ
Land Classification	2
Improvement Share	55% Structure • 45% Land

Tax Equity Assessment Comps & Appeal Intelligence

🎯 Inequity Identified (4 Verified Comps)

452 ROCKAWAY ST is cataloged under the Morris County, NJ property tax appraisal roll with an assessor fair market valuation of $550,000. Structural improvements constitute 55% ($302,500) of total parcel value, with allocated land value accounting for 45% ($247,500). Based on the prevailing NJ benchmark tax rate of 1.8%, estimated annual ad valorem taxes are approximately $9,900/year.

Assessed Land Valuation Baseline

$8.0880 / sq ft

Pure Cadastral Land Allocation ($247,500)

Plat Equity Disparity

Up to 29.0% Lower

Avg 26.6% reduction across 4 comps

Est. Potential Tax Rollback

$1,185 / yr

Immediate relief against certified assessment roll

Verified Pure Land Comparables (Private Holdings on Immediate Plat):

Comparable APN	Street Address / Owner	Land Area	Certified Land Value	Land Rate / sq ft	Inequity Gap
VERIFIED COMP 1401_112_3.01	MORRIS AVE	50,965 sq ft	$292,500	$5.7392	-29.0%
LOCKED 1401_1•••••	258 RO••••••••••••	44,401 sq ft	$263,300	$5.9301	-26.7%
LOCKED 1401_1•••••	242 RO••••••••••••	41,399 sq ft	$246,900	$5.9639	-26.3%
LOCKED 1401_1•••••	163 RE••••••••••••	42,802 sq ft	$261,500	$6.1095	-24.5%

Official Value Adjustment Board (VAB) Evidence Packet Ready

Under Florida Statutes § 193.011 and county appraisal guidelines, presenting verified lower-assessed adjacent land comparables establishes prima facie proof of unequal assessment. Open the official certified evidence packet ready for VAB board submission.

🔒 Orders Paused for System Maintenance

Nearby Properties in Morris County

Adjacent Property & Address	City	Just Valuation
250 ROCKAWAY ST, BOONTON TOWN, NJ	BOONTON TOWN	$485,000
234 ROCKAWAY ST, BOONTON TOWN, NJ	BOONTON TOWN	$412,200
208 ROCKAWAY ST, BOONTON TOWN, NJ	BOONTON TOWN	$504,700
222 ROCKAWAY ST, BOONTON TOWN, NJ	BOONTON TOWN	$316,400
116 ESSEX AVE, BOONTON TOWN, NJ	BOONTON TOWN	$331,000
MORRIS AVE, BOONTON TOWN, NJ	BOONTON TOWN	$44,600