The Fair Share Report
154 Sixth Ave
Alpha, NJ 08865
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 Alpha 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 Alpha home
$1.754 Schools · 50% $0.758 County · 22% $0.973 Town · 28%
Step 5 · The bill
The record, in full
Not enough closely-comparable recent sales in Alpha for a fairness verdict — the town's current median assessment ratio is 50.6%.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 1115-1117 EAST BOULEVARD | 2025-08 | $330,000 | 2,523 | 68.1% |
| 941 LEE AVENUE | 2026-03 | $330,000 | 1,960 | 62.9% |
| 1422 SPRINGTOWN ROAD | 2025-12 | $445,000 | 1,812 | 48.5% |
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