The Fair Share Report

128 Commodore 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

≈ $814,391

Likely range $706,185 – $1,085,697, from 12 comparable Stafford sales in the past 18 months, at this home's 2,875 sq ft.

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 $814,391 home should be assessed near $422,262.

Step 3 · Assessed value

$648,800

Set at the last town-wide revaluation and mostly frozen since. That's $226,538 above what the ratio math suggests (53.6%).

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 $1.358 per $100 — well off the general rate. That usually means the town revalued since the last bill.

Step 5 · The bill

$8,811/yr
Public schools$3,520
Ocean County$2,025
Town of Stafford$3,265
Stafford average$7,775

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

Town median 95.4%
This home · 79.7%

54%114%

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 $5,942/yr at stake. NJ appeals are generally due April 1.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
117 COMMODORE ROAD2025-04$545,0002,83693.7%
27 RODEO DRIVE2026-04$800,0002,83690.9%
59 RUTH DRIVE2026-05$1,325,0002,86284.2%
21 BOG HOLLOW COURT2025-03$777,0002,74395.1%
108 KRISTINE AVENUE2025-04$886,5003,00599.5%
308 LEEWARD ROAD2025-05$674,9902,74896.8%
24 FARRAH DRIVE2025-05$449,0002,84599.7%
9 RANCH BLVD2025-04$735,0002,617109.8%
16 MARK DRIVE2026-04$1,150,0002,944113.7%
84 JENNINGS ROAD2026-06$899,9002,79893.8%
176 PETER ROAD2026-04$1,205,0002,79886.1%
18 WHIPPOORWILL LANE2025-03$750,0002,52997.0%

Is this your house?

Run your own report →

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 →