5 POWDERHORN CT UNIT 9

Vernon, Sussex County · Block 528, Lot 69

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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 $194 ($4,941 → $4,746) using 2024→2025 rates (2.441 → 2.345) × assessed net.

Assessment net change: 0.0% ($202,400 → $202,400).

Assessment

Land$135,000
Improvements$67,400
Net (taxable assessed, 2026)$202,400
Town avg ratio used91.94% (Average ratio (Director’s / Chapter 123))
Implied equalized value$220,144
2025 tax (MOD-IV billed)$4,746.28
Est. 2025 tax @ general rate$4,746
Mailing address (2026)8 LANCASTER LANE, WEST MILFORD; NJ, 07480

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 $202,400
2025 $202,400 $4,746.28
2024 $191,300 $4,669.63
2023 $149,100 $3,866.16

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 $149,100 90.41% $164,915
2024 $191,300 98.97% $193,291 +28.3% +17.2%
2025 $202,400 88.54% $228,597 +5.8% +18.3%
2026 $202,400 91.94% $220,144 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 $149,100 2.593 $3,866 $3,866.16
2024 $191,300 2.441 $4,670 $4,669.63 +20.8%
2025 $202,400 2.345 $4,746 $4,746.28 +1.6%
2026 $202,400

Where your money goes

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

Schools
$2,767 58.3%
County
$891 18.8%
Municipal
$1,089 22.9%

Of the estimated change ($-194): schools ≈ +43.8%, county ≈ +38.5%, municipal ≈ +17.7%.

District school (1.367)$2,767
County (0.405)$820
County library (0.033)$67
County open space (0.002)$4
Municipal purpose (0.538)$1,089

Property details

Class2
Building class35
BuildingPANORAMA LO END
Land descriptionCONDO LOT
Dwellings1
Commercial units
Year built1984
Acreage
Zoning
Tax map page
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$56,000 · 11/23/1998 · sale assessment $48,100
Deed book / page02332 / 00331

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.