The Fair Share Report
155 Commodore Rd
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $653,247 – $764,613, from 12 comparable Stafford sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Stafford assessments sit below market value — republished every October, applied town-wide. A $684,946 home should be assessed near $355,145.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $318,655 above what the ratio math suggests (89.7%).
Step 4 · The tax rate — same for every Stafford home
$1.048 Schools · 40% $0.603 County · 23% $0.972 Town · 37%
This home's own bill implies $1.345 per $100 — well off the general rate. That usually means the town revalued since the last bill.
Step 5 · The bill
This home vs. every recent Stafford sale · assessed ÷ market
78%114%
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 $8,358/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 44 CLAUDIA LANE | 2026-05 | $925,000 | 2,448 | 95.6% |
| 175 BARRACUDA ROAD | 2026-02 | $680,000 | 2,437 | 94.4% |
| 224 NAUTILUS DRIVE | 2025-04 | $670,000 | 2,331 | 96.7% |
| 68 MORRIS BLVD | 2026-05 | $1,200,000 | 2,328 | 91.6% |
| 584 CORAL LANE | 2026-05 | $649,999 | 2,344 | 82.1% |
| 254 OUTBOARD AVENUE | 2025-05 | $750,000 | 2,377 | 89.0% |
| 296 NEPTUNE DRIVE | 2026-01 | $585,000 | 2,318 | 104.5% |
| 223 HILLIARD BLVD | 2026-01 | $684,000 | 2,476 | 98.0% |
| 310 WINDING OAK TRAIL | 2026-03 | $677,500 | 2,352 | 80.7% |
| 429 MERMAID DRIVE | 2026-06 | $653,500 | 2,282 | 93.0% |
| 272 CLIPPER ROAD | 2025-01 | $725,000 | 2,238 | 105.9% |
| 197 INLET AVENUE | 2026-05 | $635,000 | 2,435 | 102.3% |
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