2021 PROPERTY TAXES
A breakdown of Mountain Lakes real estate taxes in 2021 is as follows:
|INCREASE / DECREASE
IN TAX RATE
2020 TO 2021
|LOCAL (MUNICIPAL) TAX||$6,780,274.56||0.571||20.419%||$6,874,446.71||.563||20.107%||1.39%|
|COUNTY OPEN SPACE TAX||$96,560.83||0.009||.291%||$78,939.60||.007||.231%||-18.24%|
|DISTRICT SCHOOL TAX||$23,076,801.00||1.947||69.498%||$24,023,533.00||1.972||20.107%||4.10%|
* This is the tax per $100 OF ASSESSED VALUE. Please Note: the Tax Rate is the SAME for EVERY property — residential or commercial.
Here are materials to help you calculate the impact on your own properties:
PROPERTY TAX DATABASE
Go to the Mountain Lakes Property Tax Database to find out details on a specific property: assessment, property taxes, how much is owed, delinquent amount if any, and a calendar of payment dates.
OTHER WEB SITES
The Morris County Tax Board web site has tax and home sales information for all Morris County municipalities.
For a good general description of the revaluation process, including your options for both informal and formal appeals, click here.