The Fair Share Report

16 Robin Rd

Rumson, NJ 07760

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

≈ $3,168,089

Likely range $2,257,180 – $3,690,719, from 12 comparable Rumson sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

96.70%

The state's official measure of how far Rumson assessments sit below market value — republished every October, applied town-wide. A $3,168,089 home should be assessed near $3,063,542.

Step 3 · Assessed value

$2,955,800

Set at the last town-wide revaluation and mostly frozen since. That's $107,742 below what the ratio math suggests (3.5%).

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

$1.049 per $100 assessed

$0.594 Schools · 57% $0.210 County · 20% $0.245 Town · 23%

This home's own bill implies $0.914 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$27,020/yr
Public schools$15,300
Monmouth County$5,409
Town of Rumson$6,311
Rumson average$23,692

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

Town median 97.5%
This home · 93.3%

72%136%

Paying about right

This home's ratio lands inside Rumson'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
135 RIDGE ROAD2026-05$4,251,3224,09785.8%
46 RIDGE RD.2025-02$1,575,0003,558111.1%
77 WATERMAN AVE.2026-05$2,990,0003,692115.3%
10 BAY STREET2025-05$3,560,0003,45389.5%
17 BINGHAM AVENUE2026-02$2,550,0003,317104.1%
6 POND ROAD2025-05$3,000,0003,470112.5%
136 AVE OF TWO RIVERS2025-04$3,550,0005,508105.0%
33 PARK AVE.2026-03$2,800,0003,19881.7%
17 SAILERS WAY2026-05$2,200,0004,071121.5%
41 BUENA VISTA AVE2025-04$2,450,0004,071100.0%
5 CLOVER LANE2025-02$2,150,0004,18485.5%
19 BELLEVUE AVE.2025-05$2,825,0004,045100.0%

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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 →