The Fair Share Report

160 Sloop Rd

Stafford, NJ 08050

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

≈ $493,223

Likely range $430,645 – $593,408, from 12 comparable Stafford sales in the past 18 months, at this home's 1,861 sq ft.

Step 2 · The Director's Ratio

51.85%

The state's official measure of how far Stafford assessments sit below market value — republished every October, applied town-wide. A $493,223 home should be assessed near $255,736.

Step 3 · Assessed value

$492,700

Set at the last town-wide revaluation and mostly frozen since. That's $236,964 above what the ratio math suggests (92.7%).

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

$2.623 per $100 assessed

$1.048 Schools · 40% $0.603 County · 23% $0.972 Town · 37%

This home's own bill implies $1.278 per $100 — well off the general rate. That usually means the town revalued since the last bill.

Step 5 · The bill

$6,298/yr
Public schools$2,516
Ocean County$1,448
Town of Stafford$2,334
Stafford average$7,775

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

Town median 95.4%
This home · 99.9%

78%120%

Looks meaningfully over-assessed

Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (59.63%) — roughly $6,216/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
46 MANOR DRIVE2025-01$635,0001,91496.6%
141 CRUISE ROAD2025-03$589,9001,85086.1%
10 HAMPTON ROAD2026-02$390,0001,817102.8%
1386 PAUL BLVD2025-02$999,9991,85699.0%
65 SUMMERHILL DRIVE2026-06$420,0001,81598.0%
77 WINDWARD DRIVE2026-01$495,0001,89591.8%
272 BUOY AVENUE2025-05$585,0001,80689.4%
149 YEOMAN ROAD2025-05$525,0001,936103.9%
130 ATLANTIC HILLS BLVD2025-06$469,9001,77389.0%
1192 WINDLASS DRIVE2025-03$535,0001,80092.1%
25 HIGHLAND DRIVE2025-04$439,9001,76893.9%
6 OCEAN BREEZE COURT2026-06$500,0001,91290.8%

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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 →