The Fair Share Report

159 Mountain Ave

Warren, NJ 07090

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 1 · Market value

≈ $900,251

Likely range $752,289 – $1,136,400, from 12 comparable Warren sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

100.91%

The state's official measure of how far Warren assessments sit below market value — republished every October, applied town-wide. A $900,251 home should be assessed near $908,443.

Step 3 · Assessed value

$838,100

Set at the last town-wide revaluation and mostly frozen since. That's $70,343 below what the ratio math suggests (7.7%).

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

$1.752 per $100 assessed

$1.140 Schools · 65% $0.333 County · 19% $0.279 Town · 16%

This home's own bill implies $1.645 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$13,790/yr
Public schools$8,973
Somerset County$2,621
Town of Warren$2,196
Warren average$16,986

This home vs. every recent Warren sale · assessed ÷ market

Town median 92.8%
This home · 93.1%

68%117%

Paying about right

This home's ratio lands inside Warren's normal band. The drift hasn't singled it out — no case for a tax appeal.

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

AddressSoldPriceSq ftRatio
56 FERGUSON ROAD2025-03$630,0002,382103.9%
86 MOUNTAIN AVENUE2026-06$755,0002,58585.5%
5 FERNWOOD ROAD2026-01$999,9992,58790.3%
6 PHYLLIS COURT2025-06$1,100,0003,73599.8%
34 GREGORY LANE2025-05$990,0002,67294.0%
7 GROUSE ROAD2025-05$999,9992,73089.0%
4 SUGARWOOD WAY2025-03$1,175,0002,788104.6%
7 HORSESHOE ROAD2026-04$915,0002,80496.3%
59 FERGUSON ROAD2026-03$850,0002,54484.0%
15 STOCKADE ROAD2025-04$1,125,0002,52290.6%
5 THORESEN ROAD2026-01$750,0002,479103.6%
31 JOHNS DR2025-06$1,195,0002,88795.4%

Is this your house?

Run your own report →

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 →