The Fair Share Report
101 Eagle Ln
Franklin, NJ 08322
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 $303,249 – $379,167, from 12 comparable Franklin sales in the past 18 months, at this home's 1,344 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Franklin assessments sit below market value — republished every October, applied town-wide. A $355,862 home should be assessed near $207,966.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $59,666 below what the ratio math suggests (28.7%).
Step 4 · The tax rate — same for every Franklin home
$2.153 Schools · 58% $0.732 County · 20% $0.856 Town · 23%
Step 5 · The bill
This home vs. every recent Franklin sale · assessed ÷ market
34%74%
Paying about right
This home's ratio lands inside Franklin'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 |
|---|---|---|---|---|
| 6520 LAKE RD | 2025-09 | $356,000 | 1,341 | 46.6% |
| 15 MCCURDY AVE | 2025-05 | $370,000 | 1,240 | 51.8% |
| 1234 WILLIAMSTOWN RD | 2025-01 | $325,000 | 1,458 | 58.0% |
| 939 GARRISON RD | 2025-04 | $325,000 | 1,152 | 52.3% |
| 32 CERTAIN AVE | 2025-05 | $299,900 | 1,150 | 51.1% |
| 61 HOWARD AVE | 2025-12 | $385,000 | 1,480 | 39.1% |
| 2673 MAIN RD | 2025-03 | $385,000 | 1,404 | 40.3% |
| 2602 N BLUE BELL RD | 2025-06 | $430,000 | 1,624 | 44.8% |
| 1729 FOREST GROVE RD | 2025-02 | $365,000 | 1,249 | 46.6% |
| 52 HOWARD AVE | 2025-06 | $324,900 | 1,442 | 47.2% |
| 485 MAIN RD | 2025-11 | $322,000 | 1,600 | 43.8% |
| 1704 GRANT AVE | 2025-10 | $310,000 | 1,292 | 50.3% |
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