The Fair Share Report

116 Riptide Ave

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

≈ $415,278

Likely range $314,513 – $819,021, 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 $415,278 home should be assessed near $215,322.

Step 3 · Assessed value

$339,400

Set at the last town-wide revaluation and mostly frozen since. That's $124,078 above what the ratio math suggests (57.6%).

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 $1.168 per $100 — well off the general rate. That usually means the town revalued since the last bill.

Step 5 · The bill

$3,963/yr
Public schools$1,584
Ocean County$911
Town of Stafford$1,469
Stafford average$7,775

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

Town median 95.4%
This home · 81.7%

36%114%

Paying about right

This home's ratio lands inside Stafford'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
251 RAFT AVENUE2025-01$370,0001,176104.0%
23 CLARA ROAD2025-05$827,0001,21098.0%
3 MERLE DRIVE2026-03$730,0001,21299.7%
104 SOUTHARD DRIVE2026-01$775,0001,20894.9%
248 MATEY AVENUE2026-01$340,0001,230106.7%
166 INLET AVENUE2026-01$325,0001,245118.8%
951 BEACH HAVEN W BLVD2026-05$735,0001,16587.0%
27 RUTH DRIVE2025-04$825,0001,170101.6%
1125 WINDLASS DRIVE2025-06$345,0001,248104.3%
1089 FATHOM AVENUE2025-04$375,0001,24996.5%
12B WALNUT ROAD2025-03$163,0001,126103.0%
14 WALNUT ROAD2025-03$220,0001,12695.6%

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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 →