The Fair Share Report
10 Pedricks Ln
Oldmans, NJ 08067
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 $335,000 – $410,000, from 7 comparable Oldmans sales in the past 18 months.
Step 2 · The Director's Ratio
The state's official measure of how far Oldmans assessments sit below market value — republished every October, applied town-wide. A $360,000 home should be assessed near $290,484.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $92,784 below what the ratio math suggests (31.9%).
Step 4 · The tax rate — same for every Oldmans home
$1.223 Schools · 45% $1.279 County · 47% $0.197 Town · 7%
Step 5 · The bill
This home vs. every recent Oldmans sale · assessed ÷ market
43%121%
Keep quiet and enjoy it
This home's assessment ratio sits below the Oldmans pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 7 NICOLE CIRCLE | 2025-09 | $620,000 | — | 80.5% |
| 2 LERRO RD | 2025-06 | $375,000 | 1,256 | 59.2% |
| 102 PENNSVL-PEDRICKTN RD | 2026-03 | $350,000 | 2,192 | 70.3% |
| 85 NEW RD | 2025-10 | $360,000 | 1,752 | 48.4% |
| 8 FERRELLS LANE | 2025-09 | $281,875 | 1,248 | 68.3% |
| 267 STRAUGHNS MILL ROAD | 2025-07 | $410,000 | 1,475 | 58.8% |
| 25 POINTERS-AUBURN RD | 2025-01 | $335,000 | 1,560 | 63.7% |
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