The Fair Share Report

214 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

≈ $385,372

Likely range $318,198 – $459,095, 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 $385,372 home should be assessed near $354,311.

Step 3 · Assessed value

$282,500

Set at the last town-wide revaluation and mostly frozen since. That's $71,811 below what the ratio math suggests (20.3%).

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

$6,625/yr
Public schools$3,865
Sussex County$1,237
Town of Vernon$1,523
Vernon average$7,539

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

Town median 85.5%
This home · 73.3%

56%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
85 LK WALLKILL RD2025-11$395,0001,02075.2%
1066 LAKESIDE DR E2026-05$399,00099674.2%
29 MUSCOTAH RD2025-06$340,0001,02483.8%
245 WISCASSET RD2025-12$390,00086990.8%
204 WAWAYANDA ROAD2026-02$225,0001,016105.8%
1212 LAKESIDE DR E2026-03$572,0001,25461.2%
2109 LAKESIDE DR W2026-05$400,00085270.1%
2109 LAKESIDE DR W2025-06$395,25085271.0%
33 ONTEORA RD2025-09$380,0001,24891.0%
12 APPLEWOOD ROAD2025-07$405,0001,08677.2%
3 HIGHPOINT TER2025-02$416,0001,07376.5%
15 LK WALLKILL RD2025-11$385,0001,09275.3%

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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 →