The Fair Share Report
14 Spring St
Flemington, NJ 08822
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.
This home's full record →Check another house →
Step 2 · The Director's Ratio
The state's official measure of how far Flemington assessments sit below market value — republished every October, applied town-wide.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since.
Step 4 · The tax rate — same for every Flemington home
$1.345 Schools · 49% $0.308 County · 11% $1.081 Town · 40%
This home's own bill implies $2.561 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
The record, in full
Not enough closely-comparable recent sales in Flemington for a fairness verdict — the town's current median assessment ratio is 90.4%.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 20 BROWN ST | 2025-03 | $360,000 | 978 | 96.6% |
| 6 BROWN ST | 2026-03 | $200,000 | 1,120 | 130.8% |
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