The Fair Share Report
21 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $398,478 – $480,676, 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 $437,762 home should be assessed near $402,478.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $60,078 below what the ratio math suggests (14.9%).
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
66%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 |
|---|---|---|---|---|
| 24 TALL OAKS DR | 2025-02 | $480,000 | 1,742 | 86.2% |
| 139 LOUNSBERRY HOLLOW RD | 2025-08 | $420,000 | 1,708 | 77.7% |
| 16 MOTT DR | 2025-11 | $305,000 | 1,907 | 95.1% |
| 4 SATURN CT | 2026-05 | $520,000 | 1,782 | 76.4% |
| 107 VISTA ROAD | 2025-06 | $431,175 | 1,920 | 82.9% |
| 6 LONGVIEW LN | 2026-06 | $455,000 | 1,678 | 77.8% |
| 204 ANIWA RD | 2026-06 | $440,000 | 1,653 | 76.0% |
| 469 RT 517 | 2025-02 | $425,000 | 1,800 | 78.5% |
| 26 ANDREA DR | 2025-06 | $390,000 | 1,532 | 74.5% |
| 13 PAUTUCK RD | 2026-05 | $440,000 | 1,355 | 71.2% |
| 88 LAKESIDE DR | 2025-08 | $400,000 | 1,582 | 93.0% |
| 54 WOODLAND DR | 2025-01 | $490,000 | 1,836 | 93.2% |
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