The Fair Share Report
104 Eileen Ln
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $930,252 – $1,280,419, from 12 comparable Stafford sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Stafford assessments sit below market value — republished every October, applied town-wide. A $1,046,280 home should be assessed near $542,496.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $951,204 above what the ratio math suggests (175.3%).
Step 4 · The tax rate — same for every Stafford home
$1.048 Schools · 40% $0.603 County · 23% $0.972 Town · 37%
This home's own bill implies $1.198 per $100 — well off the general rate. That usually means the town revalued since the last bill.
Step 5 · The bill
This home vs. every recent Stafford sale · assessed ÷ market
78%166%
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 $24,950/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 55 HAROLD LANE | 2025-01 | $600,000 | — | 87.6% |
| 637 CEDAR RUN DOCK ROAD | 2026-02 | $1,325,000 | 3,456 | 88.8% |
| 39 CYPRESS LANE | 2026-03 | $955,000 | 4,104 | 80.4% |
| 78 ASHBURN AVENUE | 2025-06 | $802,400 | 3,426 | 98.3% |
| 59 BRADSHAW DRIVE | 2025-01 | $720,000 | 3,303 | 108.5% |
| 5 WILLOW COURT | 2026-01 | $1,150,000 | 3,733 | 82.7% |
| 2 HEARTHWOOD COURT | 2025-04 | $1,150,000 | 4,435 | 103.0% |
| 50 OSPREY AVENUE | 2026-03 | $747,500 | 3,179 | 96.1% |
| 432 MORRIS BLVD | 2026-05 | $2,400,000 | 3,143 | 71.9% |
| 138 BRADSHAW DRIVE | 2026-01 | $807,000 | 3,129 | 94.1% |
| 26 OSPREY AVENUE | 2026-02 | $750,000 | 3,137 | 94.8% |
| 27 PAYTON DRIVE | 2026-04 | $828,000 | 3,023 | 90.0% |
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