The Fair Share Report

6 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.

Step 1 · Market value

≈ $342,594

Likely range $263,248 – $427,423, 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 $342,594 home should be assessed near $314,981.

Step 3 · Assessed value

$235,400

Set at the last town-wide revaluation and mostly frozen since. That's $79,581 below what the ratio math suggests (25.3%).

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

$5,520/yr
Public schools$3,220
Sussex County$1,031
Town of Vernon$1,269
Vernon average$7,539

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

Town median 85.5%
This home · 68.7%

50%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
2100 LAKESIDE DR W2026-01$562,5001,06787.6%
15 LAKE ST2025-03$399,0001,01480.0%
11 KEWAUNEE RD2025-02$278,000878105.7%
53 LONACONING RD2025-10$313,0001,04085.6%
111 HILLSIDE ROAD2025-12$376,0001,05882.2%
2102 LAKESIDE DR W2025-12$437,50076896.9%
222 ALTURAS RD2025-09$352,5001,24084.5%
109 GRANDVIEW RD2026-06$333,00093490.1%
62 BIRCH DR2025-08$285,000991102.9%
12 MAPLE RD2026-06$173,50072263.9%
1 CANAL ST2025-11$335,0001,02785.5%
2014 LAKESIDE DR W2026-01$525,00078084.0%

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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 →