The Fair Share Report

206 Aniwa Rd

Vernon, NJ 07059

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

≈ $295,323

Likely range $280,515 – $327,099, 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 $295,323 home should be assessed near $271,520.

Step 3 · Assessed value

$248,300

Set at the last town-wide revaluation and mostly frozen since. That's $23,220 below what the ratio math suggests (8.6%).

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

$5,823/yr
Public schools$3,397
Sussex County$1,088
Town of Vernon$1,338
Vernon average$7,539

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

Town median 85.5%
This home · 84.1%

68%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
218 WAWAYANDA ROAD2025-07$285,00076085.5%
238 POHATCONG ROAD2025-01$287,50073591.1%
337 E LAKESHORE DR2025-12$600,00079169.9%
503 POCASSET ROAD2025-12$375,00078073.5%
134 COON DEN RD2025-04$310,00079281.2%
516 UPPER HIGHLAND LK DR2026-05$310,00072884.7%
693 CANISTEAR ROAD2025-09$300,00073881.7%
203 CANADAWA ROAD2026-05$370,00074477.2%
112 GRANDVIEW RD2026-05$283,18074491.7%
20 GLENWOOD LN2026-06$339,00085068.9%
6 GREAT GORGE TER2026-06$180,00075686.7%
32 GREAT GORGE TER2026-03$210,00075678.3%

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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 →