The Fair Share Report

136 Main St

Helmetta, NJ 08828

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

≈ $405,149

Likely range $338,933 – $466,774, from 12 comparable Helmetta sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

55.50%

The state's official measure of how far Helmetta assessments sit below market value — republished every October, applied town-wide. A $405,149 home should be assessed near $224,858.

Step 3 · Assessed value

$218,500

Set at the last town-wide revaluation and mostly frozen since. That's $6,358 below what the ratio math suggests (2.8%).

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

$3.558 per $100 assessed

$2.120 Schools · 60% $0.601 County · 17% $0.836 Town · 24%

Step 5 · The bill

$7,774/yr
Public schools$4,634
Middlesex County$1,314
Town of Helmetta$1,827
Helmetta average$7,440

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

Town median 46.6%
This home · 53.9%

36%70%

Paying about right

This home's ratio lands inside Helmetta'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
45 LAKE AVE2025-09$400,0001,65658.6%
117 MAIN ST2025-05$250,0001,36895.7%
42 JOHN STREET2026-06$485,0001,46040.1%
908 MEADOW CT.2026-01$338,0001,19842.4%
4 HOLLY MANOR COURT2025-08$445,0001,39147.2%
1 WASHINGTON AVE.2025-11$427,0001,05646.6%
37 RAILROAD AVENUE2026-06$257,5001,02662.1%
38 JOHN ST2025-08$280,0001,07258.3%
23 OLD FORGE ROAD2026-03$311,2501,29666.1%
10 HOLLY MANOR COURT2025-11$530,0001,81248.5%
24 HOLLY HOUSE DRIVE2026-01$525,0001,66141.9%
26 NORTH SHORE BLVD2025-12$367,00089660.2%

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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 →