The Fair Share Report

121 Launch 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

≈ $486,629

Likely range $447,595 – $992,252, 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 $486,629 home should be assessed near $252,317.

Step 3 · Assessed value

$467,100

Set at the last town-wide revaluation and mostly frozen since. That's $214,783 above what the ratio math suggests (85.1%).

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 $1.256 per $100 — well off the general rate. That usually means the town revalued since the last bill.

Step 5 · The bill

$5,865/yr
Public schools$2,343
Ocean County$1,348
Town of Stafford$2,173
Stafford average$7,775

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

Town median 95.4%
This home · 96.0%

42%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
152 ANITA DRIVE2025-05$905,0001,665101.6%
148 COMMODORE ROAD2025-04$348,2801,646118.8%
1034 BUCCANEER LANE2026-03$400,0001,648101.3%
168 MERMAID DRIVE2025-03$428,0001,69298.8%
47 HENRY DRIVE2026-05$1,100,0001,73688.1%
208 TORPEDO ROAD2025-02$475,0001,75194.3%
100 HOPE LANE2025-06$680,0001,774111.0%
237 TIMBERLAKE DRIVE2025-06$830,0001,67285.8%
245 NEPTUNE DRIVE2025-04$455,0001,56890.5%
2111 MILL CREEK ROAD2026-03$1,225,0001,662105.7%
2111 MILL CREEK ROAD2025-04$1,100,0001,662117.7%
2111 MILL CREEK ROAD2025-04$870,0001,662148.8%

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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 →