The Fair Share Report
3 Maple Dr
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 $321,994 – $404,740, 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 $367,631 home should be assessed near $338,000.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $68,100 below what the ratio math suggests (20.1%).
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
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 16 WOODLAND DR | 2026-06 | $345,000 | 1,008 | 96.6% |
| 161 BREAKNECK RD | 2025-09 | $400,000 | 895 | 68.2% |
| 71 PANORAMA DR | 2026-04 | $385,000 | 960 | 88.3% |
| 1066 LAKESIDE DR E | 2026-05 | $399,000 | 996 | 74.2% |
| 9 OLD RUDETOWN ROAD | 2025-12 | $395,000 | 1,068 | 68.3% |
| 15 LK WALLKILL RD | 2025-11 | $385,000 | 1,092 | 75.3% |
| 204 WAWAYANDA ROAD | 2026-02 | $225,000 | 1,016 | 105.8% |
| 26 CEDAR RIDGE DR | 2026-04 | $405,000 | 1,080 | 86.0% |
| 3 HIGHPOINT TER | 2025-02 | $416,000 | 1,073 | 76.5% |
| 24 PEACH TREE ROAD | 2026-01 | $460,000 | 954 | 66.7% |
| 12 APPLEWOOD ROAD | 2025-07 | $405,000 | 1,086 | 77.2% |
| 29 MUSCOTAH RD | 2025-06 | $340,000 | 1,024 | 83.8% |
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