The Fair Share Report

208 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.

Step 1 · Market value

≈ $375,480

Likely range $332,544 – $444,780, from 12 comparable Vernon sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

91.94%

The state's official measure of how far Vernon assessments sit below market value — republished every October, applied town-wide. A $375,480 home should be assessed near $345,216.

Step 3 · Assessed value

$297,400

Set at the last town-wide revaluation and mostly frozen since. That's $47,816 below what the ratio math suggests (13.9%).

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

$6,974/yr
Public schools$4,068
Sussex County$1,303
Town of Vernon$1,603
Vernon average$7,539

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

Town median 85.5%
This home · 79.2%

61%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
2100 LAKESIDE DR W2026-01$562,5001,06787.6%
48 LONACONING RD2025-11$320,0001,16086.7%
204 WINETKA ROAD2026-01$341,0001,09685.0%
5 MARTIN LN2025-06$27,500117.8%
37 PADDOCK AVE2025-12$358,0001,06578.9%
153 COON DEN RD2025-10$380,0001,09282.8%
85 LK WALLKILL RD2025-11$395,0001,02075.2%
33 ONTEORA RD2025-09$380,0001,24891.0%
111 HILLSIDE ROAD2025-12$376,0001,05882.2%
222 ALTURAS RD2025-09$352,5001,24084.5%
105 BUSHWICK LANE2026-05$425,0001,05671.5%
310 MIDWAY DR2025-04$350,0001,15881.5%

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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 →