109 HILLSIDE ROAD

Vernon, Sussex County · Block 510, Lot 7

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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 $280 ($7,113 → $6,833) using 2024→2025 rates (2.441 → 2.345) × assessed net.

Assessment net change: 0.0% ($291,400 → $291,400).

Assessment

Land$191,200
Improvements$100,200
Net (taxable assessed, 2026)$291,400
Town avg ratio used91.94% (Average ratio (Director’s / Chapter 123))
Implied equalized value$316,946
2025 tax (MOD-IV billed)$6,833.33
Est. 2025 tax @ general rate$6,833
Mailing address (2026)109 HILLSIDE RD, HIGHLAND LAKES; NJ, 07422

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 $291,400
2025 $291,400 $6,833.33
2024 $253,300 $6,183.05
2023 $232,200 $6,020.95

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 $232,200 90.41% $256,830
2024 $253,300 98.97% $255,936 +9.1% -0.3%
2025 $291,400 88.54% $329,117 +15.0% +28.6%
2026 $291,400 91.94% $316,946 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 $232,200 2.593 $6,021 $6,020.95
2024 $253,300 2.441 $6,183 $6,183.05 +2.7%
2025 $291,400 2.345 $6,833 $6,833.33 +10.5%
2026 $291,400

Where your money goes

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

Schools
$3,983 58.3%
County
$1,282 18.8%
Municipal
$1,568 22.9%

Of the estimated change ($-280): schools ≈ +43.8%, county ≈ +38.5%, municipal ≈ +17.7%.

District school (1.367)$3,983
County (0.405)$1,180
County library (0.033)$96
County open space (0.002)$6
Municipal purpose (0.538)$1,568

Property details

Class2
Building class16
Building
Land description.211 AC
Dwellings1
Commercial units
Year built1958
Acreage0.211
Zoning
Tax map page20I
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$135,000 · 11/22/2013 · sale assessment $189,100 · SR1A 26
Deed book / page03327 / 00965

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.