458 RT 94

Vernon, Sussex County · Block 58, 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 $147 ($3,732 → $3,586) using 2024→2025 rates (2.441 → 2.345) × assessed net.

Assessment net change: 0.0% ($152,900 → $152,900).

Assessment

Land$123,800
Improvements$29,100
Net (taxable assessed, 2026)$152,900
Town avg ratio used91.94% (Average ratio (Director’s / Chapter 123))
Implied equalized value$166,304
2025 tax (MOD-IV billed)$3,585.51
Est. 2025 tax @ general rate$3,586
Mailing address (2026)483 RT 94, 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 $152,900
2025 $152,900 $3,585.51
2024 $130,100 $3,175.74
2023 $106,700 $2,766.73

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 $106,700 90.41% $118,018
2024 $130,100 98.97% $131,454 +21.9% +11.4%
2025 $152,900 88.54% $172,690 +17.5% +31.4%
2026 $152,900 91.94% $166,304 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 $106,700 2.593 $2,767 $2,766.73
2024 $130,100 2.441 $3,176 $3,175.74 +14.8%
2025 $152,900 2.345 $3,586 $3,585.51 +12.9%
2026 $152,900

Where your money goes

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

Schools
$2,090 58.3%
County
$673 18.8%
Municipal
$823 22.9%

Of the estimated change ($-147): schools ≈ +43.8%, county ≈ +38.5%, municipal ≈ +17.7%.

District school (1.367)$2,090
County (0.405)$619
County library (0.033)$50
County open space (0.002)$3
Municipal purpose (0.538)$823

Property details

Class4A
Building class
Building
Land description5.00 AC
Dwellings1
Commercial units
Year built
Acreage5
Zoning
Tax map page9
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$180,000 · 5/17/2017 · sale assessment $50,000 · SR1A 33
Deed book / page03432 / 00660

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.