22 PINE ST

Vernon, Sussex County · Block 599, Lot 88

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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 $322 ($8,177 → $7,856) using 2024→2025 rates (2.441 → 2.345) × assessed net.

Assessment net change: 0.0% ($335,000 → $335,000).

Assessment

Land$181,300
Improvements$153,700
Net (taxable assessed, 2026)$335,000
Town avg ratio used91.94% (Average ratio (Director’s / Chapter 123))
Implied equalized value$364,368
2025 tax (MOD-IV billed)$7,855.75
Est. 2025 tax @ general rate$7,856
Mailing address (2026)22 PINE ST, 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 $335,000
2025 $335,000 $7,855.75
2024 $296,900 $7,247.33
2023 $225,400 $5,844.62

Mailing changed in 2024 to 650 E PALISADE AVE #2258, ENGLEWOOD CLIFFS; NJ, 07632.

Mailing changed in 2025 to 22 PINE ST, VERNON; NJ, 07462.

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 $225,400 90.41% $249,309
2024 $296,900 98.97% $299,990 +31.7% +20.3%
2025 $335,000 88.54% $378,360 +12.8% +26.1%
2026 $335,000 91.94% $364,368 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 $225,400 2.593 $5,845 $5,844.62
2024 $296,900 2.441 $7,247 $7,247.33 +24.0%
2025 $335,000 2.345 $7,856 $7,855.75 +8.4%
2026 $335,000

Where your money goes

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

Schools
$4,579 58.3%
County
$1,474 18.8%
Municipal
$1,802 22.9%

Of the estimated change ($-322): schools ≈ +43.8%, county ≈ +38.5%, municipal ≈ +17.7%.

District school (1.367)$4,579
County (0.405)$1,357
County library (0.033)$111
County open space (0.002)$7
Municipal purpose (0.538)$1,802

Property details

Class2
Building class16
Building
Land description.688 AC
Dwellings1
Commercial units
Year built1968
Acreage0.688
Zoning
Tax map page26E
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$369,000 · 2/16/2024 · sale assessment $296,900
Deed book / page10301 / 00990

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.