The Fair Share Report

147 Riptide Ave

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

≈ $336,000

Likely range $271,000 – $380,000, from 12 comparable Stafford sales in the past 18 months, at this home's 960 sq ft.

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 $336,000 home should be assessed near $174,216.

Step 3 · Assessed value

$347,800

Set at the last town-wide revaluation and mostly frozen since. That's $173,584 above what the ratio math suggests (99.6%).

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 $1.230 per $100 — well off the general rate. That usually means the town revalued since the last bill.

Step 5 · The bill

$4,278/yr
Public schools$1,709
Ocean County$983
Town of Stafford$1,585
Stafford average$7,775

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

Town median 95.4%
This home · 103.5%

78%134%

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 $4,553/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
172 LIBERTY AVENUE2025-01$400,9001,00888.5%
690 CUTTER LANE2025-04$365,0001,000103.7%
313 PRIVATEER ROAD2025-03$271,000960133.4%
208 TOPSIDE ROAD2026-05$407,50096081.1%
176 RIPTIDE AVENUE2025-05$394,50096088.6%
1217 GALLEY AVENUE2025-05$350,0001,056103.4%
184 STOWAWAY ROAD2025-04$322,000988100.2%
228 BULKHEAD AVENUE2026-04$336,000960102.0%
249 CROWS NEST ROAD2025-05$270,000988122.5%
249 CROWS NEST ROAD2025-05$240,000988137.8%
1113 HAWSER AVENUE2026-03$380,00096085.0%
164 BRIGANTINE ROAD2026-01$331,00091291.7%

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 →