The Fair Share Report

111 Maple Ave

Hackettstown, NJ 07840

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

≈ $326,499

Likely range $265,430 – $353,842, from 12 comparable Hackettstown sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

74.38%

The state's official measure of how far Hackettstown assessments sit below market value — republished every October, applied town-wide. A $326,499 home should be assessed near $242,850.

Step 3 · Assessed value

$198,200

Set at the last town-wide revaluation and mostly frozen since. That's $44,650 below what the ratio math suggests (18.4%).

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

$3.477 per $100 assessed

$2.070 Schools · 60% $0.676 County · 19% $0.731 Town · 21%

Step 5 · The bill

$6,891/yr
Public schools$4,103
Warren County$1,340
Town of Hackettstown$1,449
Hackettstown average$9,665

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

Town median 58.7%
This home · 60.7%

46%91%

Paying about right

This home's ratio lands inside Hackettstown'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
41 N MAIN ST2025-11$290,0001,26279.3%
215 GRAND AVE2025-02$285,0001,39969.2%
138 E PROSPECT ST2025-11$415,0001,52459.0%
315 SHARP ST2025-05$449,0001,63054.6%
310 WARREN ST2025-07$335,0001,65870.8%
128 BROOK DR2025-08$260,0001,08056.3%
105 BROOK DR2025-04$270,0001,08062.7%
204 CHRISTOPHER ST2025-01$205,0001,118151.3%
310 SHARP ST2025-10$395,0001,15253.3%
210 W PROSPECT ST2025-08$430,0001,42957.2%
226 ASHLEY AVE2025-06$410,0001,06652.6%
403 W PLANE ST2025-12$400,0001,44964.5%

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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 →