The Fair Share Report

113 Commodore Rd

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.

Step 1 · Market value

≈ $416,049

Likely range $385,271 – $509,891, from 12 comparable Stafford sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

51.85%

The state's official measure of how far Stafford assessments sit below market value — republished every October, applied town-wide. A $416,049 home should be assessed near $215,721.

Step 3 · Assessed value

$224,700

Set at the last town-wide revaluation and mostly frozen since. That's $8,979 above what the ratio math suggests (4.2%).

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

$2.623 per $100 assessed

$1.048 Schools · 40% $0.603 County · 23% $0.972 Town · 37%

This home's own bill implies $1.882 per $100 — well off the general rate. That usually means the town revalued since the last bill.

Step 5 · The bill

$4,228/yr
Public schools$1,689
Ocean County$972
Town of Stafford$1,567
Stafford average$7,775

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

Town median 95.4%
This home · 54.0%

39%114%

Keep quiet and enjoy it

This home's assessment ratio sits below the Stafford 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
1168 WEST MALLARD DRIVE2025-05$500,0001,02489.9%
131 BLUEJACKET AVENUE2025-05$475,0001,02688.7%
113 HARRY DRIVE2026-02$760,000996100.8%
690 CUTTER LANE2025-04$365,0001,000103.7%
172 LIBERTY AVENUE2025-01$400,9001,00888.5%
8 JOY ROAD2025-04$819,0001,24185.4%
1217 GALLEY AVENUE2025-05$350,0001,056103.4%
1113 SEASHELL AVENUE2026-05$409,0001,11491.2%
1210 RIPPLE AVENUE2025-06$456,7251,20486.5%
224 STORMY ROAD2025-03$488,0001,20987.1%
4 CEDAR AVENUE2025-02$299,0001,07065.8%
125 TORPEDO ROAD2025-04$425,0001,09286.9%

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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 →