The Fair Share Report
13 Singleton Dr
Chesterfield, NJ 08515
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $730,744 – $879,559, from 12 comparable Chesterfield 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 Chesterfield assessments sit below market value — republished every October, applied town-wide. A $826,836 home should be assessed near $515,946.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $85,946 below what the ratio math suggests (16.7%).
Step 4 · The tax rate — same for every Chesterfield home
$2.447 Schools · 72% $0.514 County · 15% $0.449 Town · 13%
Step 5 · The bill
This home vs. every recent Chesterfield sale · assessed ÷ market
42%80%
Paying about right
This home's ratio lands inside Chesterfield's normal band. The drift hasn't singled it out — no case for a tax appeal.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 21 SPRAGUE STREET | 2025-06 | $815,000 | 2,690 | 49.8% |
| 79 RECKLESSTOWN WAY | 2025-04 | $725,000 | 2,668 | 58.0% |
| 33 SPRAGUE STREET | 2025-06 | $790,000 | 2,828 | 54.4% |
| 63 RECKLESSTOWN WAY | 2026-03 | $780,000 | 2,668 | 52.2% |
| 9 QUAKER STREET | 2025-08 | $760,000 | 2,344 | 54.9% |
| 7 BORDEN LANE | 2025-06 | $889,000 | 2,946 | 57.4% |
| 24 STEVENSON LANE | 2026-03 | $755,000 | 2,306 | 55.5% |
| 45 FENTON LANE | 2025-08 | $755,000 | 2,828 | 65.1% |
| 31 FENTON LANE | 2026-02 | $777,777 | 2,444 | 55.4% |
| 18 BERRYLAND STREET | 2025-05 | $630,000 | 2,452 | 53.5% |
| 155 PRESERVATION BLVD | 2025-05 | $790,000 | 2,577 | 53.9% |
| 3 CANTER PLACE | 2025-08 | $860,000 | 2,998 | 53.5% |
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