The Fair Share Report

1 Brookside Dr

Rumson, NJ 07760

The town corrects for market drift once a year — but only on average. This report measures whether this house drifted with the herd or away from it.

Step 1 · Market value

≈ $2,231,793

Likely range $1,847,497 – $2,625,779, from 12 comparable Rumson sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

96.70%

The state's official measure of how far Rumson assessments sit below market value — republished every October, applied town-wide. A $2,231,793 home should be assessed near $2,158,144.

Step 3 · Assessed value

$2,603,000

Set at the last town-wide revaluation and mostly frozen since. That's $444,856 above what the ratio math suggests (20.6%).

Step 4 · The tax rate — same for every Rumson home

$1.049 per $100 assessed

$0.594 Schools · 57% $0.210 County · 20% $0.245 Town · 23%

This home's own bill implies $0.933 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$24,290/yr
Public schools$13,754
Monmouth County$4,863
Town of Rumson$5,673
Rumson average$23,692

This home vs. every recent Rumson sale · assessed ÷ market

Town median 97.5%
This home · 116.6%

72%146%

Paying about right

This home's ratio lands inside Rumson's normal band. The drift hasn't singled it out — no case for a tax appeal.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
16 HEATHCLIFF ROAD2026-01$2,600,0003,59479.3%
9 PACKER AVENUE2026-04$2,450,0002,91688.7%
34 NAVESINK AVE2025-03$2,800,0003,52892.7%
2 WOODS END ROAD2025-05$2,500,0003,57091.8%
10 RIDGE ROAD2026-06$3,900,0003,48970.7%
85 BUENA VISTA AVENUE2025-02$2,650,0003,993107.1%
19 BELLEVUE AVE.2025-05$2,825,0004,045100.0%
7 IVINS PLACE2026-04$2,625,0003,50976.6%
41 BUENA VISTA AVE2025-04$2,450,0004,071100.0%
2 BROOKSIDE DRIVE2025-05$2,800,0004,307106.0%
4 CIRCLE DRIVE2025-04$2,025,0003,32470.8%
24 RIVERSIDE DR.2025-05$3,362,0003,59096.3%

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Estimates from public records — NJ MOD-IV assessments, SR1A usable sales, and Treasury/DCA rate tables. Your house has a history. Write the next chapter on Plotline →