The Fair Share Report

148 E Springbrook Dr

Long Hill, NJ 07933

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

≈ $1,205,137

Likely range $1,121,610 – $1,318,757, from 12 comparable Long Hill sales in the past 18 months, at this home's 3,350 sq ft.

Step 2 · The Director's Ratio

87.94%

The state's official measure of how far Long Hill assessments sit below market value — republished every October, applied town-wide. A $1,205,137 home should be assessed near $1,059,797.

Step 3 · Assessed value

$857,100

Set at the last town-wide revaluation and mostly frozen since. That's $202,697 below what the ratio math suggests (19.1%).

Step 4 · The tax rate — same for every Long Hill home

$2.201 per $100 assessed

$1.367 Schools · 62% $0.250 County · 11% $0.585 Town · 27%

This home's own bill implies $2.033 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$17,421/yr
Public schools$10,815
Morris County$1,978
Town of Long Hill$4,628
Long Hill average$13,699

This home vs. every recent Long Hill sale · assessed ÷ market

Town median 83.9%
This home · 71.1%

60%105%

Keep quiet and enjoy it

This home's assessment ratio sits below the Long Hill 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
80 SHAWNEE PATH2026-06$1,320,0003,41678.5%
72 GILLETTE RD2026-04$1,105,0002,80768.4%
132 SHAWNEE PATH2025-03$1,210,0003,614100.1%
191 GREENWOOD DR2025-05$999,0002,94174.7%
177 LONG HILL RD2025-04$750,0002,58185.0%
1 JOSS WAY2026-06$1,285,0003,57277.5%
353 SOMERSET ST2026-01$825,0002,91288.5%
262 SKYLINE DR2026-06$1,250,0003,11675.9%
130 SKYLINE DR2025-04$999,5002,95389.6%
100 HICKORY TAVERN RD2026-02$1,135,4252,89174.2%
56 E RAYBURN RD2026-05$857,0002,51378.8%
34 SHERWOOD LN2026-05$950,0002,87288.3%

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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 →