The Fair Share Report

135 Driftway E

Union, NJ 08848

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

≈ $204,593

Likely range $189,077 – $239,143, from 12 comparable Union sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

86.66%

The state's official measure of how far Union assessments sit below market value — republished every October, applied town-wide. A $204,593 home should be assessed near $177,300.

Step 3 · Assessed value

$207,600

Set at the last town-wide revaluation and mostly frozen since. That's $30,300 above what the ratio math suggests (17.1%).

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

$2.196 per $100 assessed

$1.570 Schools · 72% $0.386 County · 18% $0.239 Town · 11%

Step 5 · The bill

$4,561/yr
Public schools$3,262
Hunterdon County$802
Town of Union$497
Union average$10,880

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

Town median 80.8%
This home · 101.5%

61%115%

Paying about right

This home's ratio lands inside Union'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
449 ROUTE 5792025-07$449,00079279.3%
66 SAM BONNELL DR2026-05$210,00095887.5%
22 SAM BONNELL DR2026-05$213,00095886.4%
31 SAM BONNELL DR2025-10$240,00095881.3%
42 SAM BONNELL DR2025-10$230,00095876.6%
55 SAM BONNELL DR2025-05$255,00095889.8%
61 SAM BONNELL DR2025-04$250,00095873.1%
9 EVERGREEN2025-12$260,0001,02273.8%
9 NORTH SLOPE2025-11$310,0001,02261.9%
69 NORTH SLOPE2025-10$300,0001,02263.9%
39 HILLSIDE CT2025-08$260,0001,02273.8%
3 CHARLES WAY2025-04$305,0001,02263.1%

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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 →