The Fair Share Report

16 John St

Helmetta, NJ 08828

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

≈ $295,000

Likely range $268,168 – $343,255, from 12 comparable Helmetta sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

55.50%

The state's official measure of how far Helmetta assessments sit below market value — republished every October, applied town-wide. A $295,000 home should be assessed near $163,725.

Step 3 · Assessed value

$167,400

Set at the last town-wide revaluation and mostly frozen since. That's $3,675 above what the ratio math suggests (2.2%).

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

$3.558 per $100 assessed

$2.120 Schools · 60% $0.601 County · 17% $0.836 Town · 24%

Step 5 · The bill

$5,956/yr
Public schools$3,550
Middlesex County$1,006
Town of Helmetta$1,400
Helmetta average$7,440

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

Town median 46.6%
This home · 56.7%

36%69%

Paying about right

This home's ratio lands inside Helmetta'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
37 RAILROAD AVENUE2026-06$257,5001,02662.1%
38 JOHN ST2025-08$280,0001,07258.3%
15 RAILROAD AVE2025-01$315,00091054.7%
23 OLD FORGE ROAD2026-03$311,2501,29666.1%
1006 MEADOW CT.2026-03$295,0001,03942.9%
2405 CANDLELIGHT CT.2025-09$300,0001,03942.2%
102 RAINTREE CT.2025-09$285,0001,03947.1%
710 MEADOW CT.2025-03$305,0001,03942.4%
42 JOHN STREET2026-06$485,0001,46040.1%
27 RAILROAD AVE2026-01$343,0001,05653.5%
17 AVENUE A2025-01$470,0001,10442.1%
1305 STONERIDGE CIR.2026-05$360,0001,19839.8%

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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 →