The Fair Share Report
1 Third Ave
Barrington, NJ 08007
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 $264,574 – $362,164, from 12 comparable Barrington 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 Barrington assessments sit below market value — republished every October, applied town-wide. A $290,667 home should be assessed near $164,140.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $22,940 below what the ratio math suggests (14.0%).
Step 4 · The tax rate — same for every Barrington home
$2.600 Schools · 52% $0.997 County · 20% $1.402 Town · 28%
Step 5 · The bill
This home vs. every recent Barrington sale · assessed ÷ market
32%70%
Paying about right
This home's ratio lands inside Barrington's normal band. The drift hasn't singled it out — no case for a tax appeal.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 514 AUSTIN AVE | 2026-05 | $395,000 | 1,320 | 38.3% |
| 518 FIFTH AVE | 2025-10 | $300,000 | 1,376 | 52.6% |
| 241 HAINES AVE | 2025-07 | $400,000 | 1,241 | 39.3% |
| 508 FIFTH AVE | 2026-02 | $375,000 | 1,220 | 38.1% |
| 224 RICHARDS AVE | 2025-12 | $370,000 | 1,376 | 40.9% |
| 937 CLEMENTS BRIDGE RD | 2026-01 | $245,000 | 1,394 | 66.8% |
| 12 LAWRENCE AVE | 2025-03 | $345,000 | 1,461 | 45.7% |
| 261 LOTT AVE | 2025-06 | $296,500 | 1,220 | 45.3% |
| 305 W 1ST AVE | 2025-04 | $231,750 | 1,220 | 59.9% |
| 525 CHARLES AVE | 2026-03 | $300,000 | 1,472 | 58.7% |
| 305 W 4TH AVE | 2025-06 | $235,000 | 1,220 | 60.0% |
| 143 W GLOUCESTER PIKE | 2025-10 | $315,000 | 1,424 | 44.6% |
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