The Fair Share Report

17 Mitchell Ave

Warren, NJ 07059

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

≈ $774,693

Likely range $624,151 – $855,511, 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 $774,693 home should be assessed near $781,743.

Step 3 · Assessed value

$512,100

Set at the last town-wide revaluation and mostly frozen since. That's $269,643 below what the ratio math suggests (34.5%).

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 $1.650 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$8,452/yr
Public schools$5,499
Somerset County$1,606
Town of Warren$1,346
Warren average$16,986

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

Town median 92.8%
This home · 66.1%

54%109%

Keep quiet and enjoy it

This home's assessment ratio sits below the Warren pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

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

AddressSoldPriceSq ftRatio
26 GATES AVENUE2026-01$760,0001,89784.7%
22 LIVINGSTON AVENUE2026-02$520,0002,13586.1%
14 STILES ROAD2026-02$775,0002,09292.2%
91 HILLCREST ROAD2026-03$947,0001,85294.8%
80 REINMAN ROAD2025-01$527,0001,37098.3%
16 FAIRFIELD AVENUE2025-02$850,0002,28696.6%
5 THORESEN ROAD2026-01$750,0002,479103.6%
4 KALMAN COURT2025-02$1,075,0002,30496.3%
15 SPRING LANE2026-05$680,0002,140103.8%
9 RED HILL ROAD2026-05$999,9992,02084.6%
47 BROOKSIDE DRIVE2026-04$750,0001,86488.7%
11 OLD STIRLING ROAD2026-02$465,0001,471119.4%

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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 →