1 TELEMARK DR UNIT 4

Vernon, Sussex County · Block 527, Lot 578

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 $206 ($5,248 → $5,042) using 2024→2025 rates (2.441 → 2.345) × assessed net.

Assessment net change: 0.0% ($215,000 → $215,000).

Assessment

Land$125,000
Improvements$90,000
Net (taxable assessed, 2026)$215,000
Town avg ratio used91.94% (Average ratio (Director’s / Chapter 123))
Implied equalized value$233,848
2025 tax (MOD-IV billed)$5,041.75
Est. 2025 tax @ general rate$5,042
Mailing address (2026)1 TELEMARK DR UNIT 4, 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 $215,000
2025 $215,000 $5,041.75
2024 $186,900 $4,562.23
2023 $162,800 $4,221.40

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 $162,800 90.41% $180,069
2024 $186,900 98.97% $188,845 +14.8% +4.9%
2025 $215,000 88.54% $242,828 +15.0% +28.6%
2026 $215,000 91.94% $233,848 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 $162,800 2.593 $4,221 $4,221.40
2024 $186,900 2.441 $4,562 $4,562.23 +8.1%
2025 $215,000 2.345 $5,042 $5,041.75 +10.5%
2026 $215,000

Where your money goes

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

Schools
$2,939 58.3%
County
$946 18.8%
Municipal
$1,157 22.9%

Of the estimated change ($-206): schools ≈ +43.7%, county ≈ +38.5%, municipal ≈ +17.7%.

District school (1.367)$2,939
County (0.405)$871
County library (0.033)$71
County open space (0.002)$4
Municipal purpose (0.538)$1,157

Property details

Class2
Building class35
BuildingWOOD UP IN
Land descriptionCONDO LOT
Dwellings1
Commercial units
Year built1986
Acreage
Zoning
Tax map page
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$265,000 · 11/16/2023 · sale assessment $162,800 · SR1A 7
Deed book / page10285 / 00996

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.