The Fair Share Report
14 Pine St E
Vernon, NJ 07422
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $283,180 – $370,000, from 12 comparable Vernon sales in the past 18 months.
Step 2 · The Director's Ratio
The state's official measure of how far Vernon assessments sit below market value — republished every October, applied town-wide. A $335,000 home should be assessed near $307,999.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $289,999 below what the ratio math suggests (94.2%).
Step 4 · The tax rate — same for every Vernon home
$1.368 Schools · 58% $0.438 County · 19% $0.539 Town · 23%
Step 5 · The bill
This home vs. every recent Vernon sale · assessed ÷ market
0%107%
Keep quiet and enjoy it
This home's assessment ratio sits below the Vernon pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 203 CANADAWA ROAD | 2026-05 | $370,000 | 744 | 77.2% |
| 109 GRANDVIEW RD | 2026-06 | $333,000 | 934 | 90.1% |
| 105 BUSHWICK LANE | 2026-05 | $425,000 | 1,056 | 71.5% |
| 28 COHOCTON RD | 2025-07 | $228,000 | 468 | 94.8% |
| 204 WINETKA ROAD | 2026-01 | $341,000 | 1,096 | 85.0% |
| 25 LAKESIDE DR | 2026-01 | $345,000 | 828 | 86.4% |
| 112 GRANDVIEW RD | 2026-05 | $283,180 | 744 | 91.7% |
| 310 MIDWAY DR | 2025-04 | $350,000 | 1,158 | 81.5% |
| 128 BREAKNECK RD 202/AN | 2025-06 | $320,000 | 648 | 81.5% |
| 17 VALLEY VIEW ROAD | 2026-05 | $300,000 | 800 | 69.0% |
| 37 PADDOCK AVE | 2025-12 | $358,000 | 1,065 | 78.9% |
| 10 WOODSIDE DR | 2025-02 | $245,000 | 1,296 | 101.9% |
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