The Fair Share Report
10 Allocco Dr
Holmdel, NJ 07733
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 $579,709 – $631,489, from 12 comparable Holmdel 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 Holmdel assessments sit below market value — republished every October, applied town-wide. A $595,408 home should be assessed near $593,860.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $284,540 above what the ratio math suggests (47.9%).
Step 4 · The tax rate — same for every Holmdel home
$1.063 Schools · 69% $0.207 County · 13% $0.268 Town · 17%
This home's own bill implies $1.353 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Holmdel sale · assessed ÷ market
84%157%
Looks meaningfully over-assessed
Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (100.00%) — roughly $4,376/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 1 FLORA DR | 2026-03 | $980,000 | 1,858 | 89.6% |
| 5 ROBIN RD | 2025-01 | $600,000 | 1,507 | 124.2% |
| 38 BRISTEL RD. | 2025-05 | $628,000 | 1,716 | 90.8% |
| 22 WELLER PLACE | 2026-03 | $600,000 | 1,788 | 88.5% |
| 29 MARIA CT | 2025-04 | $585,000 | 1,529 | 99.7% |
| 24 MARIA CT | 2025-03 | $545,000 | 1,529 | 103.8% |
| 3 BEACON CT. | 2026-04 | $540,000 | 1,499 | 102.4% |
| 28 DUTCH CT. | 2025-04 | $537,300 | 1,499 | 101.5% |
| 1 GALES CT | 2025-04 | $854,000 | 2,116 | 97.0% |
| 13 OLD MILL RD | 2025-01 | $825,000 | 2,166 | 119.2% |
| 14 AMBROSE CT. | 2026-04 | $526,000 | 1,372 | 95.2% |
| 34 S HOLMDEL RD | 2025-05 | $800,000 | 2,435 | 89.8% |
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