The Fair Share Report

116 Toggle 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

≈ $457,729

Likely range $404,963 – $538,660, from 12 comparable Stafford sales in the past 18 months, at this home's 1,464 sq ft.

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 $457,729 home should be assessed near $237,332.

Step 3 · Assessed value

$406,400

Set at the last town-wide revaluation and mostly frozen since. That's $169,068 above what the ratio math suggests (71.2%).

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 $1.210 per $100 — well off the general rate. That usually means the town revalued since the last bill.

Step 5 · The bill

$4,916/yr
Public schools$1,964
Ocean County$1,130
Town of Stafford$1,822
Stafford average$7,775

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

Town median 95.4%
This home · 88.8%

70%114%

Looks meaningfully over-assessed

Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (59.63%) — roughly $4,435/yr at stake. NJ appeals are generally due April 1.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
1165 BARNACLE DRIVE2025-02$402,7501,45694.9%
242 OUTBOARD AVENUE2026-03$485,0001,51182.9%
157 RODMAN DRIVE2025-01$640,0001,429103.6%
1079 HELM AVENUE2026-01$442,5001,43898.2%
1190 GALLEY AVENUE2025-03$390,0001,42293.5%
105 MATILDA DRIVE2025-03$803,0001,521101.6%
56 ANCHOR AVENUE2026-05$425,0001,53781.6%
1108 RUDDER AVENUE2025-04$426,1001,39297.3%
144 RODMAN DRIVE2025-02$560,0001,522132.0%
1078 TREASURE AVENUE2026-03$420,0001,55296.5%
239 TACKLE AVENUE2025-01$505,0001,54682.5%
273 PRIVATEER ROAD2026-02$424,9001,35995.2%

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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 →