The Fair Share Report

14 Maple Rd

Vernon, NJ 07461

The town corrects for market drift once a year — but only on average. This report measures whether this house drifted with the herd or away from it.

Step 1 · Market value

≈ $315,811

Likely range $253,018 – $462,850, from 12 comparable Vernon sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

91.94%

The state's official measure of how far Vernon assessments sit below market value — republished every October, applied town-wide. A $315,811 home should be assessed near $290,357.

Step 3 · Assessed value

$209,000

Set at the last town-wide revaluation and mostly frozen since. That's $81,357 below what the ratio math suggests (28.0%).

Step 4 · The tax rate — same for every Vernon home

$2.345 per $100 assessed

$1.368 Schools · 58% $0.438 County · 19% $0.539 Town · 23%

Step 5 · The bill

$4,901/yr
Public schools$2,859
Sussex County$915
Town of Vernon$1,127
Vernon average$7,539

This home vs. every recent Vernon sale · assessed ÷ market

Town median 85.5%
This home · 66.2%

40%107%

Paying about right

This home's ratio lands inside Vernon's normal band. The drift hasn't singled it out — no case for a tax appeal.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
110 BREAKNECK RD2026-03$301,40073279.8%
2102 LAKESIDE DR W2025-12$437,50076896.9%
112 GRANDVIEW RD2026-05$283,18074491.7%
11 KEWAUNEE RD2025-02$278,000878105.7%
693 CANISTEAR ROAD2025-09$300,00073881.7%
2014 LAKESIDE DR W2026-01$525,00078084.0%
91 BREAKNECK RD2026-01$230,00066896.9%
1001 LAKESIDE DR E2025-07$525,00062886.9%
12 MAPLE RD2026-06$173,50072263.9%
62 LAKESIDE DR2025-07$475,00073063.1%
203 CANADAWA ROAD2026-05$370,00074477.2%
43 PADDOCK AVE2025-12$240,00087391.7%

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Estimates from public records — NJ MOD-IV assessments, SR1A usable sales, and Treasury/DCA rate tables. Your house has a history. Write the next chapter on Plotline →