The Fair Share Report
1 E Point
Ringwood, NJ 07456
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $458,559 – $624,706, from 12 comparable Ringwood sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Ringwood assessments sit below market value — republished every October, applied town-wide. A $562,954 home should be assessed near $322,235.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $33,865 above what the ratio math suggests (10.5%).
Step 4 · The tax rate — same for every Ringwood home
$2.546 Schools · 60% $0.780 County · 18% $0.933 Town · 22%
Step 5 · The bill
This home vs. every recent Ringwood sale · assessed ÷ market
36%83%
A touch high — worth watching
This home's ratio sits above most of Ringwood, but doesn't clear NJ's legal appeal line (65.83%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 154 CUPSAW DR | 2025-06 | $580,000 | 1,893 | 43.7% |
| 61 OLIVER PL | 2026-04 | $420,000 | 1,860 | 52.1% |
| 77 LAKEVIEW AVE | 2025-10 | $700,000 | 2,061 | 42.8% |
| 208 CUPSAW DR | 2025-06 | $575,000 | 2,094 | 47.3% |
| 50 SKYLINE LAKES DR | 2026-06 | $439,500 | 1,888 | 47.3% |
| 244 CUPSAW DR | 2025-05 | $510,000 | 1,595 | 46.0% |
| 105 UPPER LAKEVIEW AVE | 2025-08 | $738,900 | 2,335 | 51.1% |
| 25 WHALEBACK TER | 2025-05 | $700,500 | 2,414 | 47.1% |
| 35 SMOKEY RIDGE RD | 2026-01 | $485,000 | 1,922 | 52.4% |
| 20 LENAPE RD | 2025-05 | $575,000 | 1,918 | 48.7% |
| 58 UPPER LAKEVIEW AVE | 2025-04 | $560,000 | 2,293 | 46.8% |
| 48 BIRCH RD | 2025-10 | $610,000 | 2,002 | 42.2% |
Is this your house?
Run your own report →