The Fair Share Report

217 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

≈ $377,576

Likely range $344,440 – $398,807, 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 $377,576 home should be assessed near $347,143.

Step 3 · Assessed value

$285,300

Set at the last town-wide revaluation and mostly frozen since. That's $61,843 below what the ratio math suggests (17.8%).

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

$6,690/yr
Public schools$3,903
Sussex County$1,250
Town of Vernon$1,538
Vernon average$7,539

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

Town median 85.5%
This home · 75.6%

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)

AddressSoldPriceSq ftRatio
1 STONEWALL DR2026-04$330,00096083.8%
14 MOUNTAIN TOP CT2025-09$380,00096085.3%
28 ZINNIA DR2025-06$400,0001,10482.8%
6 COURTLAND RD2026-03$400,0001,05083.4%
3 HIGHPOINT TER2025-02$416,0001,07376.5%
12 APPLEWOOD ROAD2025-07$405,0001,08677.2%
9 VILLAGE WAY, UNIT 42025-02$225,0001,04682.4%
8 MONROE AVE2025-07$415,00096080.8%
13 GLEN RD N2026-01$310,5001,04092.5%
24 PEACH TREE ROAD2026-01$460,00095466.7%
17 WINDING HILL ROAD2025-07$350,00095480.4%
709 CANISTEAR RD2026-06$415,0001,12069.8%

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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 →