14 Mohawk Dr

Step 1 · Market value

Likely range $530,879 – $725,756, from 12 comparable Matawan 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 Matawan assessments sit below market value — republished every October, applied town-wide. A $606,452 home should be assessed near $594,020.

Step 3 · Assessed value

Set at the last town-wide revaluation and mostly frozen since. That's $24,380 above what the ratio math suggests (4.1%).

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

$1.221 Schools · 59% $0.196 County · 9% $0.670 Town · 32%

This home's own bill implies $1.906 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

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

78%122%

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