The Fair Share Report

144 E River 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

≈ $2,203,519

Likely range $1,913,219 – $2,428,075, 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 $2,203,519 home should be assessed near $2,130,803.

Step 3 · Assessed value

$1,524,500

Set at the last town-wide revaluation and mostly frozen since. That's $606,303 below what the ratio math suggests (28.5%).

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 $0.940 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$14,334/yr
Public schools$8,116
Monmouth County$2,869
Town of Rumson$3,348
Rumson average$23,692

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

Town median 97.5%
This home · 69.2%

57%116%

Keep quiet and enjoy it

This home's assessment ratio sits below the Rumson pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

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

AddressSoldPriceSq ftRatio
43 BINGHAM AVE.2026-06$2,675,0002,90069.3%
10 BRUCE PLACE2026-03$948,50077.5%
80 BINGHAM AVE.2026-04$2,310,0003,07468.4%
3 MONMOUTH AVENUE2026-03$1,825,0002,29577.9%
80 BELLEVUE AVENUE2026-02$2,350,0002,74477.1%
4A THIRD STREET2026-05$1,200,0002,14990.0%
39 E.RIVER ROAD2026-04$1,788,0002,31670.8%
162 E. RIVER RD.2026-01$1,310,0002,372104.7%
9 N CHERRY LANE2026-06$2,351,0002,64276.8%
42 RIDGE RD.2025-04$1,575,0002,163112.9%
121 BLACKPOINT RD.2026-04$2,350,0002,77998.6%
12 FORREST AVE.2026-02$1,995,0002,78689.6%

Is this your house?

Run your own report →

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 →