The Fair Share Report

174 Ramah Rd

Fairfield, NJ 08321

The town adjusts for market price changes once a year — but only based on the average price change of all homes in the area. This report checks whether this house's assessment kept pace.

Not enough sales for an honest verdict

Too few comparable recent sales in Fairfield to judge fairly — so we won't guess. The town's current median assessment ratio is 87.8%.

Step 2 · The Director's Ratio

83.33%

The state's official measure of how far Fairfield assessments sit below market value — republished every October, applied town-wide.

Step 3 · Assessed value

$141,100

Set at the last town-wide revaluation and mostly frozen since.

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

$2.971 per $100 assessed

$1.447 Schools · 49% $1.029 County · 35% $0.495 Town · 17%

Step 5 · The bill

$4,198/yr
Public schools$2,044
Cumberland County$1,454
Town of Fairfield$699
Fairfield average$4,938

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