The Fair Share Report

175 Atlantic Ave

Mansfield, NJ 08022

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

≈ $475,777

Likely range $404,393 – $523,171, from 12 comparable Mansfield sales in the past 18 months, at this home's 1,980 sq ft.

Step 2 · The Director's Ratio

56.72%

The state's official measure of how far Mansfield assessments sit below market value — republished every October, applied town-wide. A $475,777 home should be assessed near $269,861.

Step 3 · Assessed value

$117,600

Set at the last town-wide revaluation and mostly frozen since. That's $152,261 below what the ratio math suggests (56.4%).

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

$3.221 per $100 assessed

$2.211 Schools · 69% $0.502 County · 16% $0.509 Town · 16%

Step 5 · The bill

$3,789/yr
Public schools$2,600
Burlington County$590
Town of Mansfield$599
Mansfield average$8,256

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

Town median 44.2%
This home · 24.7%

17%71%

Keep quiet and enjoy it

This home's assessment ratio sits below the Mansfield 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
24633 EAST MAIN STREET2025-03$345,0001,97648.0%
59 BARBARY LANE2025-06$520,0001,96844.6%
16 LANTERN LANE2025-09$399,9001,95849.0%
51 COUNTRY LANE2025-12$398,0001,94448.8%
85 WAGON WHEEL LANE2025-10$455,0001,95443.0%
213 HOMESTEAD CIRCLE2026-02$385,0002,16355.0%
14 HARRINGTON DRIVE2025-02$515,0001,97445.2%
2374 OLD YORK ROAD2026-01$575,0001,77545.6%
31 HARRINGTON DRIVE2026-05$495,0002,06048.3%
89 LANTERN LANE2025-10$425,0001,76343.1%
4 ELLINGTON DRIVE2026-04$600,0002,07739.9%
60 VANDEVERE LANE2025-02$470,0001,84446.3%

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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 →