The Fair Share Report

13 Allocco Dr

Holmdel, NJ 07733

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

≈ $820,802

Likely range $771,798 – $1,096,537, from 12 comparable Holmdel sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

99.74%

The state's official measure of how far Holmdel assessments sit below market value — republished every October, applied town-wide. A $820,802 home should be assessed near $818,668.

Step 3 · Assessed value

$1,021,100

Set at the last town-wide revaluation and mostly frozen since. That's $202,432 above what the ratio math suggests (24.7%).

Step 4 · The tax rate — same for every Holmdel home

$1.538 per $100 assessed

$1.063 Schools · 69% $0.207 County · 13% $0.268 Town · 17%

This home's own bill implies $1.510 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$15,419/yr
Public schools$10,657
Monmouth County$2,075
Town of Holmdel$2,687
Holmdel average$15,894

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

Town median 97.7%
This home · 124.4%

84%138%

Paying about right

This home's ratio lands inside Holmdel'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
123 STATE HWY 342026-01$720,0002,361104.0%
1 GALES CT2025-04$854,0002,11697.0%
1 FLORA DR2026-03$980,0001,85889.6%
7 FLORA DR2026-03$1,230,0002,46180.9%
34 S HOLMDEL RD2025-05$800,0002,43589.8%
8 OVERLOOK DRIVE2025-04$860,0002,330103.3%
8 DONNER ST2025-05$850,0002,275110.3%
4 PARKWAY PLACE EAST2026-01$960,0002,469101.2%
6 RAMBLING BROOK DR2025-01$1,070,0002,544104.0%
13 OLD MILL RD2025-01$825,0002,166119.2%
15 GOLDSMITH DR2026-02$970,0002,410101.6%
4 ROSEDALE TER2026-06$875,0002,316100.6%

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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 →