The Fair Share Report

101 Lantern Ln

Mansfield, NJ 08022

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

≈ $323,091

Likely range $288,265 – $351,573, from 12 comparable Mansfield sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

56.72%

The state's official measure of how far Mansfield assessments sit below market value — republished every October, applied town-wide. A $323,091 home should be assessed near $183,257.

Step 3 · Assessed value

$129,300

Set at the last town-wide revaluation and mostly frozen since. That's $53,957 below what the ratio math suggests (29.4%).

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

$3.221 per $100 assessed

$2.211 Schools · 69% $0.502 County · 16% $0.509 Town · 16%

Step 5 · The bill

$4,166/yr
Public schools$2,859
Burlington County$649
Town of Mansfield$658
Mansfield average$8,256

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

Town median 44.2%
This home · 40.0%

31%71%

Paying about right

This home's ratio lands inside Mansfield'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
304 HILLTOP LANE EAST2025-02$325,0001,19239.0%
11 FERNWOOD COURT2025-08$237,0001,19254.5%
65 LAKE VIEW TERRACE2025-09$350,0001,19236.5%
306 HILLTOP LANE EAST2026-05$347,0001,31239.2%
30 HILLTOP LANE WEST2025-10$355,0001,31240.5%
118 HILLTOP COURT2026-03$315,0001,33647.5%
14 WINDMILL COURT2025-04$360,0001,37442.8%
15 MEADOWWOOD COURT2025-07$345,0001,19236.8%
73 DEEP HOLLOW LANE NORTH2025-04$330,0001,33645.3%
1 WILLOWWOOD COURT2025-08$418,0001,32435.5%
62 DEEP HOLLOW LANE NORTH2025-09$385,0001,33638.9%
19 FERNWOOD COURT2025-12$400,0001,40039.2%

Is this your house?

Run your own report →

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 →