13 GREAT GORGE TER

Vernon, Sussex County · Block 606, Lot 4

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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 $154 ($3,920 → $3,766) using 2024→2025 rates (2.441 → 2.345) × assessed net.

Assessment net change: 0.0% ($160,600 → $160,600).

Assessment

Land$115,000
Improvements$45,600
Net (taxable assessed, 2026)$160,600
Town avg ratio used91.94% (Average ratio (Director’s / Chapter 123))
Implied equalized value$174,679
2025 tax (MOD-IV billed)$3,766.07
Est. 2025 tax @ general rate$3,766
Mailing address (2026)13 GREAT GORGE TER #13, 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 $160,600
2025 $160,600 $3,766.07
2024 $107,800 $2,631.40
2023 $100,000 $2,593.00

Mailing changed in 2025 to 13 GREAT GORGE TER #13, 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 $100,000 90.41% $110,607
2024 $107,800 98.97% $108,922 +7.8% -1.5%
2025 $160,600 88.54% $181,387 +49.0% +66.5%
2026 $160,600 91.94% $174,679 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 $100,000 2.593 $2,593 $2,593.00
2024 $107,800 2.441 $2,631 $2,631.40 +1.5%
2025 $160,600 2.345 $3,766 $3,766.07 +43.1%
2026 $160,600

Where your money goes

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

Schools
$2,195 58.3%
County
$707 18.8%
Municipal
$864 22.9%

Of the estimated change ($-154): schools ≈ +43.8%, county ≈ +38.5%, municipal ≈ +17.7%.

District school (1.367)$2,195
County (0.405)$650
County library (0.033)$53
County open space (0.002)$3
Municipal purpose (0.538)$864

Property details

Class2
Building class33
Building
Land description2.27%
Dwellings1
Commercial units
Year built1983
Acreage
Zoning
Tax map page23I
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$1 · 10/31/2025 · sale assessment $160,600 · SR1A 4
Deed book / page10426 / 00393

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.