The Fair Share Report

10 Robin Rd

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

≈ $2,306,397

Likely range $1,330,209 – $2,793,268, 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 $2,306,397 home should be assessed near $2,230,286.

Step 3 · Assessed value

$2,065,800

Set at the last town-wide revaluation and mostly frozen since. That's $164,486 below what the ratio math suggests (7.4%).

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 $0.921 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$19,032/yr
Public schools$10,777
Monmouth County$3,810
Town of Rumson$4,445
Rumson average$23,692

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

Town median 97.5%
This home · 89.6%

69%161%

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
17 WARREN STREET2025-01$1,525,0002,663103.8%
4 OAKWOOD LANE2026-05$2,496,5002,55879.0%
9 PACKER AVENUE2026-04$2,450,0002,91688.7%
9 N CHERRY LANE2026-06$2,351,0002,64276.8%
33 LENNOX AVENUE2025-06$1,150,0002,28079.1%
43 BINGHAM AVE.2026-06$2,675,0002,90069.3%
162 E. RIVER RD.2026-01$1,310,0002,372104.7%
6 DOGWOOD LANE2026-01$2,500,0002,54273.3%
39 E.RIVER ROAD2026-04$1,788,0002,31670.8%
12 FORREST AVE.2026-02$1,995,0002,78689.6%
11 HIGHLAND AVE.2025-03$2,510,0002,08193.9%
42 FORREST AVE.2026-05$2,408,0002,84789.5%

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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 →