The Fair Share Report

129 Rumson Rd

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

≈ $4,191,607

Likely range $3,547,719 – $6,038,367, from 12 comparable Rumson sales in the past 18 months (home size estimated from assessor data — range widened).

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 $4,191,607 home should be assessed near $4,053,284.

Step 3 · Assessed value

$4,659,600

Set at the last town-wide revaluation and mostly frozen since. That's $606,316 above what the ratio math suggests (15.0%).

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 $0.931 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$43,372/yr
Public schools$24,560
Monmouth County$8,683
Town of Rumson$10,130
Rumson average$23,692

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

Town median 97.5%
This home · 111.2%

72%137%

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
143 BINGHAM AVE.2026-05$5,200,0006,13692.5%
129 AVE OF TWO RIVERS2026-01$4,500,0007,07797.5%
15 BUTTONWOOD LANE E2025-02$4,295,0407,004108.1%
47 BELLEVUE AVENUE2025-04$5,600,0007,57896.8%
136 AVE OF TWO RIVERS2025-04$3,550,0005,508105.0%
6 TYSON LANE2026-04$5,000,0005,54278.8%
0 WILSON CIRCLE2026-02$7,200,0005,854103.2%
20 SOMERSET DRIVE2025-05$3,400,0006,454105.2%
4 SAILERS WAY2025-06$4,067,0008,408103.3%
39 OAKES ROAD2026-01$3,499,0006,225100.0%
13 BUTTONWOOD LANE2026-06$4,825,0005,28482.7%
58 BUENA VISTA AVE.2025-03$3,900,0006,369114.9%

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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 →