841-847 RT 517

Vernon, Sussex County · Block 202, Lot 65

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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 $68 ($1,718 → $1,651) using 2024→2025 rates (2.441 → 2.345) × assessed net.

Assessment net change: 0.0% ($70,400 → $70,400).

Assessment

Land$59,700
Improvements$10,700
Net (taxable assessed, 2026)$70,400
Town avg ratio used91.94% (Average ratio (Director’s / Chapter 123))
Implied equalized value$76,572
2025 tax (MOD-IV billed)$1,650.88
Est. 2025 tax @ general rate$1,651
Mailing address (2026)PO BOX 384, VERNON; NJ, 07462

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 $70,400
2025 $70,400 $1,650.88
2024 $64,900 $1,584.21
2023 $60,100 $1,558.39

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 $60,100 90.41% $66,475
2024 $64,900 98.97% $65,575 +8.0% -1.4%
2025 $70,400 88.54% $79,512 +8.5% +21.3%
2026 $70,400 91.94% $76,572 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 $60,100 2.593 $1,558 $1,558.39
2024 $64,900 2.441 $1,584 $1,584.21 +1.7%
2025 $70,400 2.345 $1,651 $1,650.88 +4.2%
2026 $70,400

Where your money goes

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

Schools
$962 58.3%
County
$310 18.8%
Municipal
$379 22.9%

Of the estimated change ($-68): schools ≈ +43.8%, county ≈ +38.5%, municipal ≈ +17.7%.

District school (1.367)$962
County (0.405)$285
County library (0.033)$23
County open space (0.002)$1
Municipal purpose (0.538)$379

Property details

Class2
Building class
Building
Land description.515 AC
Dwellings1
Commercial units
Year built1903
Acreage0.515
Zoning
Tax map page8
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale
Deed book / page

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.