The Fair Share Report

101 Commodore Rd

Stafford, NJ 08050

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

≈ $651,209

Likely range $587,380 – $672,394, from 12 comparable Stafford sales in the past 18 months, at this home's 2,274 sq ft.

Step 2 · The Director's Ratio

51.85%

The state's official measure of how far Stafford assessments sit below market value — republished every October, applied town-wide. A $651,209 home should be assessed near $337,652.

Step 3 · Assessed value

$621,500

Set at the last town-wide revaluation and mostly frozen since. That's $283,848 above what the ratio math suggests (84.1%).

Step 4 · The tax rate — same for every Stafford home

$2.623 per $100 assessed

$1.048 Schools · 40% $0.603 County · 23% $0.972 Town · 37%

This home's own bill implies $1.339 per $100 — well off the general rate. That usually means the town revalued since the last bill.

Step 5 · The bill

$8,320/yr
Public schools$3,324
Ocean County$1,913
Town of Stafford$3,083
Stafford average$7,775

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

Town median 95.4%
This home · 95.4%

78%114%

Looks meaningfully over-assessed

Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (59.63%) — roughly $7,445/yr at stake. NJ appeals are generally due April 1.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
100 CAPTAIN ROAD2025-01$600,0002,32897.0%
15 CEDAR HILL DRIVE2026-01$659,9002,25493.6%
429 MERMAID DRIVE2026-06$653,5002,28293.0%
310 WINDING OAK TRAIL2026-03$677,5002,35280.7%
8 MURIEL DRIVE2025-06$1,200,0002,25298.1%
1190 BARNACLE DRIVE2026-05$610,0002,18989.3%
1063 TREASURE AVENUE2025-02$560,0002,16393.5%
272 CLIPPER ROAD2025-01$725,0002,238105.9%
148 COMPASS ROAD2026-04$645,0002,20591.8%
148 COMPASS ROAD2025-05$420,0002,205141.0%
124 BARRACUDA ROAD2025-03$760,0002,22185.8%
113 TOGGLE ROAD2026-01$720,0002,43589.5%

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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 →