The Fair Share Report

14 Robin Rd

Rumson, NJ 07760

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

≈ $1,726,108

Likely range $1,242,268 – $2,037,177, from 12 comparable Rumson sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

96.70%

The state's official measure of how far Rumson assessments sit below market value — republished every October, applied town-wide. A $1,726,108 home should be assessed near $1,669,146.

Step 3 · Assessed value

$1,648,400

Set at the last town-wide revaluation and mostly frozen since. That's $20,746 below what the ratio math suggests (1.2%).

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

$1.049 per $100 assessed

$0.594 Schools · 57% $0.210 County · 20% $0.245 Town · 23%

This home's own bill implies $0.934 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$15,392/yr
Public schools$8,716
Monmouth County$3,081
Town of Rumson$3,595
Rumson average$23,692

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

Town median 97.5%
This home · 95.5%

72%138%

Paying about right

This home's ratio lands inside Rumson'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
38 WASHINGTON ST.2025-02$1,300,0001,820104.8%
33 LENNOX AVENUE2025-06$1,150,0002,28079.1%
11 HIGHLAND AVE.2025-03$2,510,0002,08193.9%
22 ROSALIE AVE.2025-04$1,100,0001,61291.8%
27 WATERMAN AVE.2025-06$3,300,0001,84893.2%
4 OAKWOOD LANE2026-05$2,496,5002,55879.0%
17 WARREN STREET2025-01$1,525,0002,663103.8%
86 LAFAYETTE STREET2026-03$1,999,9991,99778.7%
41 FORREST AVE.2026-01$1,925,0002,00090.6%
6 DOGWOOD LANE2026-01$2,500,0002,54273.3%
1 ROSALIE AVE.2026-04$1,250,0001,44482.5%
1 ROSALIE AVE.2026-03$999,9991,444103.1%

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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 →