The Fair Share Report

12 Third St

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

≈ $502,441

Likely range $405,901 – $709,246, 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 $502,441 home should be assessed near $260,516.

Step 3 · Assessed value

$378,300

Set at the last town-wide revaluation and mostly frozen since. That's $117,784 above what the ratio math suggests (45.2%).

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 $1.212 per $100 — well off the general rate. That usually means the town revalued since the last bill.

Step 5 · The bill

$4,585/yr
Public schools$1,832
Ocean County$1,054
Town of Stafford$1,699
Stafford average$7,775

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

Town median 95.4%
This home · 75.3%

48%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
2 NORTHEAST DRIVE2026-04$425,0001,03874.1%
7 ANNE LANE2025-03$775,00098089.4%
25 STAFFORD AVENUE2025-03$535,0001,34476.0%
68 GREGG DRIVE2025-01$640,0001,03298.4%
1466 MAIN STREET2026-04$362,0001,26277.5%
8 DOROTHY DRIVE2025-01$600,0001,04197.8%
55 JENNIE DRIVE2026-06$839,90091699.6%
71 HAROLD LANE2025-01$484,0001,088145.0%
71 MORRIS BLVD2025-02$700,0001,19499.6%
131 BLUEJACKET AVENUE2025-05$475,0001,02688.7%
1168 WEST MALLARD DRIVE2025-05$500,0001,02489.9%
79 MARY ALICE ROAD2025-05$715,0001,08888.8%

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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 →