3 AUGUSTA DR UNIT 2

Vernon, Sussex County · Block 526, Lot 383

Show on map

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 $207 ($5,273 → $5,065) using 2024→2025 rates (2.441 → 2.345) × assessed net.

Assessment net change: 0.0% ($216,000 → $216,000).

Assessment

Land$125,000
Improvements$91,000
Net (taxable assessed, 2026)$216,000
Town avg ratio used91.94% (Average ratio (Director’s / Chapter 123))
Implied equalized value$234,936
2025 tax (MOD-IV billed)$5,065.20
Est. 2025 tax @ general rate$5,065
Mailing address (2026)3 AUGUSTA DR UNIT 2, 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 $216,000
2025 $216,000 $5,065.20
2024 $196,300 $4,791.68
2023 $157,900 $4,094.35

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 $157,900 90.41% $174,649
2024 $196,300 98.97% $198,343 +24.3% +13.6%
2025 $216,000 88.54% $243,958 +10.0% +23.0%
2026 $216,000 91.94% $234,936 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 $157,900 2.593 $4,094 $4,094.35
2024 $196,300 2.441 $4,792 $4,791.68 +17.0%
2025 $216,000 2.345 $5,065 $5,065.20 +5.7%
2026 $216,000

Where your money goes

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

Schools
$2,953 58.3%
County
$950 18.8%
Municipal
$1,162 22.9%

Of the estimated change ($-207): schools ≈ +43.8%, county ≈ +38.5%, municipal ≈ +17.7%.

District school (1.367)$2,953
County (0.405)$875
County library (0.033)$71
County open space (0.002)$4
Municipal purpose (0.538)$1,162

Property details

Class2
Building class35
BuildingS WOOD UP END
Land descriptionCONDO LOT
Dwellings1
Commercial units
Year built1993
Acreage
Zoning
Tax map page
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$215,000 · 8/4/2022 · sale assessment $136,500
Deed book / page03648 / 00442

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

Show on map

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.