The Fair Share Report
157 Oechsle Rd
Mannington, NJ 08098
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 $282,112 – $562,915, from 9 comparable Mannington 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 Mannington assessments sit below market value — republished every October, applied town-wide. A $406,237 home should be assessed near $325,883.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $62,983 below what the ratio math suggests (19.3%).
Step 4 · The tax rate — same for every Mannington home
$2.026 Schools · 56% $1.278 County · 35% $0.299 Town · 8%
This home's own bill implies $3.509 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Mannington sale · assessed ÷ market
36%99%
Paying about right
This home's ratio lands inside Mannington's normal band. The drift hasn't singled it out — no case for a tax appeal.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 691 ROUTE 45 | 2025-03 | $430,000 | 2,081 | 62.3% |
| 111 HACKETT RD | 2025-11 | $452,500 | 1,650 | 41.4% |
| 706 KINGS HWY | 2026-05 | $665,000 | 2,451 | 46.8% |
| 204 COMPROMISE RD | 2025-12 | $312,500 | 1,504 | 58.7% |
| 60 MANN-YORKETOWN RD | 2025-11 | $176,028 | 1,305 | 79.6% |
| 376 GRISCOM DR | 2025-12 | $365,000 | 2,015 | 73.4% |
| 251 HAINES NECK RD | 2025-08 | $305,000 | 2,313 | 41.9% |
| 81 CHENEY RD | 2025-08 | $202,000 | 1,300 | 80.6% |
| 67 COMPROMISE RD | 2026-04 | $294,000 | 1,008 | 49.1% |
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