The Fair Share Report
203 Aniwa Rd
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 $328,383 – $475,780, from 12 comparable Vernon sales in the past 18 months (home size estimated from assessor data — range widened).
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 $366,824 home should be assessed near $337,258.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $31,258 below what the ratio math suggests (9.3%).
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
59%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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 48 LONACONING RD | 2025-11 | $320,000 | 1,160 | 86.7% |
| 2100 LAKESIDE DR W | 2026-01 | $562,500 | 1,067 | 87.6% |
| 33 ONTEORA RD | 2025-09 | $380,000 | 1,248 | 91.0% |
| 222 ALTURAS RD | 2025-09 | $352,500 | 1,240 | 84.5% |
| 204 WINETKA ROAD | 2026-01 | $341,000 | 1,096 | 85.0% |
| 342 W LAKESHORE DR | 2025-08 | $660,000 | 1,304 | 72.3% |
| 5 MARTIN LN | 2025-06 | $27,500 | — | 117.8% |
| 527 TAHAMA RD | 2025-05 | $440,000 | 1,272 | 74.6% |
| 10 WOODSIDE DR | 2025-02 | $245,000 | 1,296 | 101.9% |
| 310 MIDWAY DR | 2025-04 | $350,000 | 1,158 | 81.5% |
| 37 PADDOCK AVE | 2025-12 | $358,000 | 1,065 | 78.9% |
| 153 COON DEN RD | 2025-10 | $380,000 | 1,092 | 82.8% |
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