The Fair Share Report
13 Third St
Hazlet, NJ 07734
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 $513,498 – $599,593, from 12 comparable Hazlet 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 Hazlet assessments sit below market value — republished every October, applied town-wide. A $583,261 home should be assessed near $521,844.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $46,044 below what the ratio math suggests (8.8%).
Step 4 · The tax rate — same for every Hazlet home
$1.274 Schools · 66% $0.222 County · 11% $0.436 Town · 23%
This home's own bill implies $1.742 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Hazlet sale · assessed ÷ market
74%117%
Paying about right
This home's ratio lands inside Hazlet'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 |
|---|---|---|---|---|
| 59 HOLLY AVENUE | 2026-06 | $562,000 | 1,504 | 88.9% |
| 21 THIRTEENTH STREET | 2026-05 | $519,000 | 1,272 | 91.6% |
| 1756 UNION AVENUE | 2025-04 | $632,500 | 1,568 | 94.6% |
| 11 POPLAR AVENUE | 2026-04 | $460,000 | 1,498 | 99.0% |
| 35 CALT DRIVE | 2026-06 | $785,000 | 1,354 | 81.8% |
| 27 MASON DRIVE | 2026-05 | $662,000 | 1,332 | 89.7% |
| 5 BARRIER DRIVE | 2026-06 | $640,000 | 1,476 | 90.8% |
| 6 BEDLE ROAD | 2025-05 | $535,000 | 1,301 | 89.6% |
| 8 NEWMAN STREET | 2025-03 | $335,000 | 1,784 | 143.0% |
| 788 POOLE AVENUE | 2026-03 | $535,000 | 1,412 | 89.3% |
| 12 FAIRVIEW LANE | 2026-05 | $620,000 | 1,491 | 92.9% |
| 125 SIXTH STREET | 2026-02 | $304,000 | 1,692 | 110.3% |
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