4 THISTLE AVE

Vernon, Sussex County · Block 199, Lot 1

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Assessment year 2026 · Rate year 2025 · Prior rate 2024

Assessments are tax year 2026; latest published general rate we have is 2025. Estimate uses that rate until the 2026 rate is loaded.

Estimated tax story (homeowner view)
-3.9%

Estimated tax down $332 ($8,434 → $8,102) using 2024→2025 rates (2.441 → 2.345) × assessed net.

Assessment net change: 0.0% ($345,500 → $345,500).

Assessment

Land$197,700
Improvements$147,800
Net (taxable assessed, 2026)$345,500
Town avg ratio used91.94% (Average ratio (Director’s / Chapter 123))
Implied equalized value$375,789
2025 tax (MOD-IV billed)$8,101.98
Est. 2025 tax @ general rate$8,102
Mailing address (2026)4 THISTLE AVE, GLENWOOD; NJ, 07418

How the ratio works: New Jersey towns often assess below full market value. The average ratio (Director’s / Chapter 123) estimates what percent of true market value the town’s assessments represent. Implied equalized value ≈ assessed net ÷ (ratio ÷ 100). Example: assessed $187,600 at 55.89% ≈ $335,700 equalized. Tax bills still use assessed value × the general tax rate — not the equalized figure.

Year-by-year assessed value & tax

From NJ MOD-IV files (2023, 2024, 2025, 2026). Tax is the MOD-IV billed amount when present; otherwise —. Current mailing is in Assessment above.

Year Assessed net Tax
2026 $345,500
2025 $345,500 $8,101.98
2024 $317,200 $7,742.85
2023 $304,300 $7,890.50

Assessed value & ratio history

Parcel assessed nets come from MOD-IV year files (2023, 2024, 2025, 2026). Town average ratios are from Abstract / Chapter 123 when available — implied equalized = assessed ÷ (ratio ÷ 100).

Tax year Assessed net Avg ratio Implied equalized Assessed Δ Equalized Δ
2023 $304,300 90.41% $336,578
2024 $317,200 98.97% $320,501 +4.2% -4.8%
2025 $345,500 88.54% $390,219 +8.9% +21.8%
2026 $345,500 91.94% $375,789 0.0% -3.7%

Tax year history

Assessed net is from that year’s MOD-IV file. Est. tax = assessed × that year’s general rate when we have the rate sheet. Billed tax is the MOD-IV tax field when present (often empty for the newest file year).

Tax year Assessment net General rate Est. tax (that year) Billed tax Est. vs prior
2023 $304,300 2.593 $7,890 $7,890.50
2024 $317,200 2.441 $7,743 $7,742.85 -1.9%
2025 $345,500 2.345 $8,102 $8,101.98 +4.6%
2026 $345,500

Where your money goes

Component $ = net × (component rate ÷ 100). Percents are share of school + county + municipal components for rate year 2025.

Schools
$4,723 58.3%
County
$1,520 18.8%
Municipal
$1,859 22.9%

Of the estimated change ($-332): schools ≈ +43.8%, county ≈ +38.5%, municipal ≈ +17.7%.

District school (1.367)$4,723
County (0.405)$1,399
County library (0.033)$114
County open space (0.002)$7
Municipal purpose (0.538)$1,859

Property details

Class2
Building class16
Building
Land description.765 AC
Dwellings1
Commercial units
Year built1965
Acreage0.765
Zoning
Tax map page8A
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$375,000 · 8/24/2023 · sale assessment $304,300 · SR1A 10
Deed book / page10276 / 01423

See this lot on the statewide map, then come back for the full tax story.

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Sources: NJ Division of Taxation MOD-IV (current parcel file) and tax rates for 2025 (Abstract of Ratables). Estimates are not an official tax bill. Owner names are not shown. Full disclaimer.