The Fair Share Report

103 Blackpoint 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

≈ $1,457,521

Likely range $1,235,841 – $1,573,055, 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 $1,457,521 home should be assessed near $1,409,423.

Step 3 · Assessed value

$1,024,800

Set at the last town-wide revaluation and mostly frozen since. That's $384,623 below what the ratio math suggests (27.3%).

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 $0.942 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$9,655/yr
Public schools$5,467
Monmouth County$1,933
Town of Rumson$2,255
Rumson average$23,692

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

Town median 97.5%
This home · 70.3%

60%116%

Keep quiet and enjoy it

This home's assessment ratio sits below the Rumson 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)

AddressSoldPriceSq ftRatio
27 WATERMAN AVE.2025-06$3,300,0001,84893.2%
4A THIRD STREET2026-05$1,200,0002,14990.0%
7 ALLEN ST.2025-05$1,450,0001,92898.8%
38 WASHINGTON ST.2025-02$1,300,0001,820104.8%
39 E.RIVER ROAD2026-04$1,788,0002,31670.8%
50 ALLEN ST.2026-03$1,225,0001,850114.6%
39 ALLEN ST.2026-06$1,500,0001,59277.8%
76 LAFAYETTE ST.2025-03$1,125,0001,69094.6%
10 BRUCE PLACE2026-03$948,50077.5%
162 E. RIVER RD.2026-01$1,310,0002,372104.7%
42 RIDGE RD.2025-04$1,575,0002,163112.9%
3 MONMOUTH AVENUE2026-03$1,825,0002,29577.9%

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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 →