The Fair Share Report
11 Wayne Dr
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $526,826 – $648,471, from 12 comparable Mansfield 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 Mansfield assessments sit below market value — republished every October, applied town-wide. A $576,848 home should be assessed near $327,188.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $15,688 below what the ratio math suggests (4.8%).
Step 4 · The tax rate — same for every Mansfield home
$2.211 Schools · 69% $0.502 County · 16% $0.509 Town · 16%
This home's own bill implies $3.005 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Mansfield sale · assessed ÷ market
32%71%
A touch high — worth watching
This home's ratio sits above most of Mansfield, but doesn't clear NJ's legal appeal line (65.23%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 2 JUNIPER DRIVE | 2026-02 | $745,000 | 2,294 | 35.9% |
| 26 FITZGERALD LANE | 2025-04 | $525,000 | 2,296 | 49.4% |
| 9 CLEMENT COURT | 2025-04 | $725,000 | 2,610 | 39.7% |
| 51 LINCOLN DRIVE | 2025-11 | $720,000 | 2,306 | 37.6% |
| 3 PHEASANT COURT | 2025-11 | $677,802 | 2,746 | 41.7% |
| 3 EVERETT DRIVE | 2026-01 | $449,500 | 2,476 | 60.6% |
| 5 PHEASANT COURT | 2026-02 | $725,000 | 2,680 | 37.7% |
| 27 COVENTRY TERRACE | 2025-07 | $575,000 | 2,282 | 44.4% |
| 43 BARBARY LANE | 2026-02 | $530,000 | 2,204 | 47.0% |
| 4 FITZGERALD LANE | 2025-11 | $540,000 | 2,204 | 46.1% |
| 21 WILLOWWOOD COURT | 2025-07 | $415,000 | 1,854 | 44.7% |
| 8 CLEMENT COURT | 2025-08 | $729,900 | 2,668 | 40.0% |
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