The Fair Share Report
175 Aster Ct
Readington, NJ 08889
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 $502,000 – $617,150, from 12 comparable Readington sales in the past 18 months, at this home's 1,722 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Readington assessments sit below market value — republished every October, applied town-wide. A $550,000 home should be assessed near $381,865.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $44,965 below what the ratio math suggests (11.8%).
Step 4 · The tax rate — same for every Readington home
$1.708 Schools · 61% $0.506 County · 18% $0.584 Town · 21%
This home's own bill implies $2.724 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Readington sale · assessed ÷ market
48%85%
Paying about right
This home's ratio lands inside Readington'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 |
|---|---|---|---|---|
| 253 LAUREL CT | 2025-09 | $530,000 | 1,722 | 65.1% |
| 85 VIOLET CT | 2025-08 | $502,000 | 1,722 | 67.1% |
| 21 DAISY CT | 2025-07 | $550,000 | 1,722 | 61.4% |
| 44 MYRTLE CT | 2025-01 | $477,500 | 1,722 | 70.7% |
| 95 HUCKLEBERRY CT | 2026-04 | $310,000 | 1,664 | 53.4% |
| 10 CHAMBERS BROOK RD | 2025-03 | $670,000 | 1,708 | 60.3% |
| 31 CASPAR BERGER RD | 2025-08 | $757,000 | 1,784 | 56.8% |
| 1107 SOUTH BRANCH DR | 2026-01 | $615,000 | 1,716 | 59.5% |
| 3 STILLWELL RD | 2025-11 | $750,000 | 1,736 | 58.1% |
| 268 LAUREL CT | 2026-05 | $550,000 | 1,549 | 59.1% |
| 118 TRILLIUM CT | 2026-03 | $500,000 | 1,549 | 65.0% |
| 251 LAUREL CT | 2025-06 | $475,000 | 1,549 | 68.0% |
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