The Fair Share Report

151 Maple Ave

Chester, NJ 07930

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 2 · The Director's Ratio

89.88%

The state's official measure of how far Chester assessments sit below market value — republished every October, applied town-wide.

Step 3 · Assessed value

$508,800

Set at the last town-wide revaluation and mostly frozen since.

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

$2.327 per $100 assessed

$1.292 Schools · 56% $0.250 County · 11% $0.785 Town · 34%

This home's own bill implies $2.179 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$11,086/yr
Public schools$6,155
Morris County$1,191
Town of Chester$3,740
Chester average$15,345

The record, in full

Not enough closely-comparable recent sales in Chester for a fairness verdict — the town's current median assessment ratio is 86.0%.

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

AddressSoldPriceSq ftRatio
143 MAPLE AVE2026-01$850,0001,87856.6%

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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 →