The Fair Share Report

136 Peter Rd

Stafford, NJ 08050

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

≈ $591,046

Likely range $444,911 – $1,031,929, from 12 comparable Stafford sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

51.85%

The state's official measure of how far Stafford assessments sit below market value — republished every October, applied town-wide. A $591,046 home should be assessed near $306,457.

Step 3 · Assessed value

$940,000

Set at the last town-wide revaluation and mostly frozen since. That's $633,543 above what the ratio math suggests (206.7%).

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

$2.623 per $100 assessed

$1.048 Schools · 40% $0.603 County · 23% $0.972 Town · 37%

This home's own bill implies $1.169 per $100 — well off the general rate. That usually means the town revalued since the last bill.

Step 5 · The bill

$10,993/yr
Public schools$4,392
Ocean County$2,527
Town of Stafford$4,074
Stafford average$7,775

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

Town median 95.4%
This home · 159.0%

78%217%

Looks meaningfully over-assessed

Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (59.63%) — roughly $16,618/yr at stake. NJ appeals are generally due April 1.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
148 CATHERINE LANE2025-06$985,0002,01598.4%
112 SOUTHARD DRIVE2026-06$850,0001,959109.3%
106 ATLANTIC HILLS BLVD2026-03$350,0001,891114.9%
107 DEERFIELD DRIVE2026-02$400,0001,891100.3%
1327 MILL CREEK ROAD2025-03$999,9991,922110.6%
111 DEERFIELD DRIVE2025-01$383,0002,097111.7%
1646 MILL CREEK ROAD2026-01$700,0001,880113.0%
767 BUCCANEER LANE2026-06$625,0002,00887.5%
215 MORRIS BLVD2025-05$1,250,0002,00688.8%
1951 MILL CREEK ROAD2026-05$1,650,1501,76684.8%
205 INLET AVENUE2025-05$498,0002,092102.0%
1034 SAILOR DRIVE2025-03$580,0002,05490.1%

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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 →