The Fair Share Report
159 E Hunterdon Ave
Mantua, NJ 08080
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 $249,757 – $388,778, from 12 comparable Mantua 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 Mantua assessments sit below market value — republished every October, applied town-wide. A $264,645 home should be assessed near $225,822.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $9,178 above what the ratio math suggests (4.1%).
Step 4 · The tax rate — same for every Mantua home
$1.412 Schools · 56% $0.533 County · 21% $0.570 Town · 23%
Step 5 · The bill
This home vs. every recent Mantua sale · assessed ÷ market
55%104%
Paying about right
This home's ratio lands inside Mantua'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 |
|---|---|---|---|---|
| 167 ASH AVE | 2026-06 | $399,900 | 1,115 | 67.9% |
| 201 HILLSIDE TER | 2025-03 | $250,000 | 1,276 | 96.4% |
| 765 W ATLANTIC AVE | 2026-04 | $392,000 | 1,424 | 65.9% |
| 246 MONTGOMERY DR | 2025-07 | $345,000 | 1,204 | 76.3% |
| 270 JEFFERSON RD | 2026-02 | $410,000 | 1,146 | 55.0% |
| 294 MADISON RD | 2025-03 | $295,000 | 1,280 | 76.6% |
| 469 BERKLEY RD | 2025-02 | $237,000 | 1,363 | 87.1% |
| 1225 TRISTRAM CIR | 2026-06 | $275,000 | 1,279 | 75.3% |
| 1396 TRISTRAM CIR | 2026-05 | $245,000 | 1,279 | 81.8% |
| 1415 TRISTRAM CIR | 2025-11 | $245,000 | 1,279 | 78.9% |
| 1356 TRISTRAM CIR | 2025-10 | $249,900 | 1,279 | 81.2% |
| 1276 TRISTRAM CIR | 2025-09 | $259,900 | 1,279 | 78.1% |
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