The Fair Share Report
3 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 $244,647 – $354,713, 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 $320,695 home should be assessed near $294,847.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $80,047 below what the ratio math suggests (27.1%).
Step 4 · The tax rate — same for every Vernon home
$1.368 Schools · 58% $0.438 County · 19% $0.539 Town · 23%
This home's own bill implies $1.178 per $100 — well off the general rate. That usually means the town revalued since the last bill.
Step 5 · The bill
This home vs. every recent Vernon sale · assessed ÷ market
55%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 |
|---|---|---|---|---|
| 2102 LAKESIDE DR W | 2025-12 | $437,500 | 768 | 96.9% |
| 12 MAPLE RD | 2026-06 | $173,500 | 722 | 63.9% |
| 2014 LAKESIDE DR W | 2026-01 | $525,000 | 780 | 84.0% |
| 11 KEWAUNEE RD | 2025-02 | $278,000 | 878 | 105.7% |
| 19 AMICALOLA RD | 2025-09 | $350,000 | 818 | 77.5% |
| 110 BREAKNECK RD | 2026-03 | $301,400 | 732 | 79.8% |
| 25 LAKESIDE DR | 2026-01 | $345,000 | 828 | 86.4% |
| 5 MARTIN LN | 2025-06 | $27,500 | — | 117.8% |
| 122 GLEN RD | 2025-01 | $278,100 | 680 | 95.0% |
| 17 VALLEY VIEW ROAD | 2026-05 | $300,000 | 800 | 69.0% |
| 5 MAPLE RD | 2025-08 | $144,000 | 654 | 76.0% |
| 43 PADDOCK AVE | 2025-12 | $240,000 | 873 | 91.7% |
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