The Fair Share Report
13 High St
Helmetta, NJ 08828
The town adjusts for market price changes once a year — but only based on the average price change of all homes in the area. This report checks whether this house's assessment kept pace.
This home's payments are about right
It sits inside Helmetta's normal range — market price changes haven't singled it out. No case for a tax appeal.
Step 1 · Market value
Likely range $420,239 – $488,108, from 12 comparable Helmetta sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Helmetta assessments sit below market value — republished every October, applied town-wide. A $460,968 home should be assessed near $255,837.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $43,437 below what the ratio math suggests (17.0%).
Step 4 · The tax rate — same for every Helmetta home
$2.120 Schools · 60% $0.601 County · 17% $0.836 Town · 24%
Step 5 · The bill
This home vs. every recent Helmetta sale · assessed ÷ market
36%69%
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 24 HOLLY HOUSE DRIVE | 2026-01 | $525,000 | 1,661 | 41.9% |
| 4 HOLLY MANOR COURT | 2025-08 | $445,000 | 1,391 | 47.2% |
| 10 HOLLY MANOR COURT | 2025-11 | $530,000 | 1,812 | 48.5% |
| 1305 STONERIDGE CIR. | 2026-05 | $360,000 | 1,198 | 39.8% |
| 312 RAINTREE CT. | 2026-04 | $332,000 | 1,198 | 43.2% |
| 1109 STONERIDGE CIR. | 2025-11 | $315,000 | 1,198 | 45.5% |
| 303 RAINTREE CT. | 2025-09 | $356,000 | 1,198 | 42.4% |
| 907 MEADOW COURT | 2025-08 | $318,500 | 1,198 | 45.0% |
| 2701 RIDGEFIELD CT. | 2025-08 | $365,000 | 1,198 | 43.2% |
| 2708 RIDGEFIELD CT. | 2025-06 | $325,000 | 1,198 | 44.1% |
| 1311 STONERIDGE CIR. | 2025-06 | $375,000 | 1,198 | 40.0% |
| 42 JOHN STREET | 2026-06 | $485,000 | 1,460 | 40.1% |
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