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Joint optimal subcarrier and transmit power allocation with QoS guarantee for enhanced packet transmission over Cognitive Radio (CR)-Internet of Vehicles (IoVs) is a challenge. This open issue is considered in this paper. A novel SNBS-based wireless radio resource scheduling scheme in OFDMA CR-IoV network systems is proposed. This novel scheduler is termed the SNBS OFDMA-based overlay CR-Assisted Vehicular NETwork (SNO-CRAVNET) scheduling scheme. It is proposed for efficient joint transmit power and subcarrier allocation for dynamic spectral resource access in cellular OFDMA-based overlay CRAVNs in clusters. The objectives of the optimization model applied in this study include (1) maximization of the overall system throughput of the CR-IoV system, (2) avoiding harmful interference of transmissions of the shared channels’ licensed owners (or primary users (PUs)), (3) guaranteeing the proportional fairness and minimum data-rate requirement of each CR vehicular secondary user (CRV-SU), and (4) ensuring efficient transmit power allocation amongst CRV-SUs. Furthermore, a novel approach which uses Lambert-W function characteristics is introduced. Closed-form analytical solutions were obtained by applying time-sharing variable transformation. Finally, a low-complexity algorithm was developed. This algorithm overcame the iterative processes associated with searching for the optimal solution numerically through iterative programming methods. Theoretical analysis and simulation results demonstrated that, under similar conditions, the proposed solutions outperformed the reference scheduler schemes. In comparison …