The Fair Share Report
1663 Valley Rd
Long Hill, NJ 07946
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 $766,514 – $1,085,697, from 12 comparable Long Hill 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 Long Hill assessments sit below market value — republished every October, applied town-wide. A $979,720 home should be assessed near $861,566.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $41,034 above what the ratio math suggests (4.8%).
Step 4 · The tax rate — same for every Long Hill home
$1.367 Schools · 62% $0.250 County · 11% $0.585 Town · 27%
This home's own bill implies $1.958 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Long Hill sale · assessed ÷ market
66%123%
Paying about right
This home's ratio lands inside Long Hill'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 |
|---|---|---|---|---|
| 44 MADISON ST | 2026-04 | $843,500 | 2,926 | 93.3% |
| 160 RIVERVIEW AVE | 2025-06 | $950,000 | 2,239 | 88.3% |
| 81 DOGWOOD TER | 2025-05 | $1,200,000 | 3,028 | 83.9% |
| 1 SKYVIEW TER | 2025-04 | $1,540,000 | 3,264 | 74.5% |
| 1175 LONG HILL RD | 2025-06 | $885,000 | 2,924 | 100.9% |
| 34 SHERWOOD LN | 2026-05 | $950,000 | 2,872 | 88.3% |
| 56 E RAYBURN RD | 2026-05 | $857,000 | 2,513 | 78.8% |
| 130 SKYLINE DR | 2025-04 | $999,500 | 2,953 | 89.6% |
| 1512 LONG HILL RD | 2025-04 | $814,500 | 1,970 | 106.8% |
| 1773 VALLEY RD | 2025-03 | $755,000 | 2,036 | 87.5% |
| 968 LONG HILL RD | 2025-05 | $875,000 | 3,780 | 85.1% |
| 177 LONG HILL RD | 2025-04 | $750,000 | 2,581 | 85.0% |
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