The Fair Share Report
12 Allocco Dr
Holmdel, NJ 07733
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $573,470 – $648,800, from 12 comparable Holmdel sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Holmdel assessments sit below market value — republished every October, applied town-wide. A $602,286 home should be assessed near $600,720.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $244,580 above what the ratio math suggests (40.7%).
Step 4 · The tax rate — same for every Holmdel home
$1.063 Schools · 69% $0.207 County · 13% $0.268 Town · 17%
This home's own bill implies $1.384 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Holmdel sale · assessed ÷ market
84%153%
Looks meaningfully over-assessed
Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (100.00%) — roughly $3,762/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 5 ROBIN RD | 2025-01 | $600,000 | 1,507 | 124.2% |
| 1 FLORA DR | 2026-03 | $980,000 | 1,858 | 89.6% |
| 1 GALES CT | 2025-04 | $854,000 | 2,116 | 97.0% |
| 38 BRISTEL RD. | 2025-05 | $628,000 | 1,716 | 90.8% |
| 29 MARIA CT | 2025-04 | $585,000 | 1,529 | 99.7% |
| 24 MARIA CT | 2025-03 | $545,000 | 1,529 | 103.8% |
| 3 BEACON CT. | 2026-04 | $540,000 | 1,499 | 102.4% |
| 28 DUTCH CT. | 2025-04 | $537,300 | 1,499 | 101.5% |
| 22 WELLER PLACE | 2026-03 | $600,000 | 1,788 | 88.5% |
| 2 ORCHARD AVENUE EAST | 2026-02 | $749,900 | 1,693 | 82.5% |
| 8 OVERLOOK DRIVE | 2025-04 | $860,000 | 2,330 | 103.3% |
| 8 DONNER ST | 2025-05 | $850,000 | 2,275 | 110.3% |
Is this your house?
Run your own report →