The Fair Share Report
12 Patrick Dr
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $423,138 – $729,458, from 12 comparable Stafford sales in the past 18 months, at this home's 1,110 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Stafford assessments sit below market value — republished every October, applied town-wide. A $449,041 home should be assessed near $232,828.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $361,472 above what the ratio math suggests (155.3%).
Step 4 · The tax rate — same for every Stafford home
$1.048 Schools · 40% $0.603 County · 23% $0.972 Town · 37%
This home's own bill implies $1.209 per $100 — well off the general rate. That usually means the town revalued since the last bill.
Step 5 · The bill
This home vs. every recent Stafford sale · assessed ÷ market
76%146%
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 $9,481/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 44 MARIN LANE | 2025-04 | $875,000 | 1,152 | 98.6% |
| 129 LAWRENCE DRIVE | 2025-01 | $636,500 | 1,152 | 104.6% |
| 144 TILLER AVENUE | 2025-03 | $430,000 | 1,125 | 88.3% |
| 79 MARY ALICE ROAD | 2025-05 | $715,000 | 1,088 | 88.8% |
| 129 JETEEMALE DRIVE | 2025-02 | $850,000 | 1,170 | 92.9% |
| 71 HAROLD LANE | 2025-01 | $484,000 | 1,088 | 145.0% |
| 101 STEM ROAD | 2025-04 | $449,000 | 1,130 | 90.3% |
| 113 ALAN DRIVE | 2025-06 | $639,500 | 1,112 | 118.6% |
| 114 NORTH LAKESHORE DRIVE | 2026-03 | $481,000 | 1,189 | 92.8% |
| 64 CAPSTAN AVENUE | 2025-03 | $400,000 | 1,152 | 91.3% |
| 12B WALNUT ROAD | 2025-03 | $163,000 | 1,126 | 103.0% |
| 14 WALNUT ROAD | 2025-03 | $220,000 | 1,126 | 95.6% |
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