The Fair Share Report

12 Brookside Dr

Rumson, NJ 07760

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

≈ $2,256,303

Likely range $2,094,637 – $2,707,099, from 12 comparable Rumson sales in the past 18 months, at this home's 3,222 sq ft.

Step 2 · The Director's Ratio

96.70%

The state's official measure of how far Rumson assessments sit below market value — republished every October, applied town-wide. A $2,256,303 home should be assessed near $2,181,845.

Step 3 · Assessed value

$2,191,200

Set at the last town-wide revaluation and mostly frozen since. That's $9,355 above what the ratio math suggests (0.4%).

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

$1.049 per $100 assessed

$0.594 Schools · 57% $0.210 County · 20% $0.245 Town · 23%

This home's own bill implies $0.940 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$20,587/yr
Public schools$11,657
Monmouth County$4,121
Town of Rumson$4,808
Rumson average$23,692

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

Town median 97.5%
This home · 97.1%

72%116%

Paying about right

This home's ratio lands inside Rumson'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
9 PACKER AVENUE2026-04$2,450,0002,91688.7%
16 HEATHCLIFF ROAD2026-01$2,600,0003,59479.3%
2 WOODS END ROAD2025-05$2,500,0003,57091.8%
34 NAVESINK AVE2025-03$2,800,0003,52892.7%
7 IVINS PLACE2026-04$2,625,0003,50976.6%
85 BUENA VISTA AVENUE2025-02$2,650,0003,993107.1%
17 SAILERS WAY2026-05$2,200,0004,071121.5%
4 CIRCLE DRIVE2025-04$2,025,0003,32470.8%
10 RIDGE ROAD2026-06$3,900,0003,48970.7%
19 BELLEVUE AVE.2025-05$2,825,0004,045100.0%
41 BUENA VISTA AVE2025-04$2,450,0004,071100.0%
17 WARREN STREET2025-01$1,525,0002,663103.8%

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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 →