The Fair Share Report

112 E Baldwin St

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

≈ $418,179

Likely range $361,659 – $422,963, 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 $418,179 home should be assessed near $311,042.

Step 3 · Assessed value

$179,300

Set at the last town-wide revaluation and mostly frozen since. That's $131,742 below what the ratio math suggests (42.4%).

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

$6,234/yr
Public schools$3,712
Warren County$1,212
Town of Hackettstown$1,311
Hackettstown average$9,665

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

Town median 58.7%
This home · 42.9%

37%91%

Keep quiet and enjoy it

This home's assessment ratio sits below the Hackettstown 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
108 MANOR DR2025-04$255,0001,51268.2%
154 CANAL WAY2025-03$427,0001,51556.2%
220 CANAL WAY2026-06$429,0001,50850.9%
208 CANAL WAY2026-02$395,0001,50853.2%
105 BROOK DR2025-04$270,0001,08062.7%
128 BROOK DR2025-08$260,0001,08056.3%
533 W VALLEY VIEW AVE2025-11$390,0001,38458.7%
309 SECOND ST2025-07$465,0001,38066.8%
117 DEERFIELD DR2026-04$532,0001,53450.1%
117 CAROL DR2025-09$435,0001,40854.8%
66 SAXTON DR2025-06$570,0001,94460.0%
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 →