The Fair Share Report
175 Merseyside Dr
Woolwich, NJ 08085
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 $437,490 – $557,586, from 12 comparable Woolwich sales in the past 18 months, at this home's 2,108 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Woolwich assessments sit below market value — republished every October, applied town-wide. A $533,957 home should be assessed near $343,548.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $48,452 above what the ratio math suggests (14.1%).
Step 4 · The tax rate — same for every Woolwich home
$2.090 Schools · 62% $0.706 County · 21% $0.580 Town · 17%
Step 5 · The bill
This home vs. every recent Woolwich sale · assessed ÷ market
48%95%
A touch high — worth watching
This home's ratio sits above most of Woolwich, but doesn't clear NJ's legal appeal line (73.99%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 76 WESTON DR | 2025-08 | $555,000 | 2,108 | 72.8% |
| 95 WESTON DR | 2025-11 | $565,000 | 2,108 | 66.8% |
| 203 AMESBURY BLVD | 2025-12 | $435,000 | 2,096 | 63.4% |
| 135 BANTRY ST | 2025-05 | $390,000 | 2,008 | 57.1% |
| 133 BANTRY ST | 2025-08 | $385,000 | 2,008 | 67.4% |
| 343 TAFT DR | 2026-06 | $515,000 | 1,947 | 53.4% |
| 504 SAMMY ST | 2025-07 | $425,000 | 1,960 | 56.6% |
| 142 EISENHOWER DR | 2026-04 | $625,000 | 1,947 | 63.1% |
| 83 WESTON DR | 2025-08 | $614,000 | 2,424 | 67.7% |
| 138 MERSEYSIDE DR | 2025-08 | $521,000 | 1,812 | 65.8% |
| 205 WESTON DR | 2025-05 | $635,000 | 2,424 | 65.7% |
| 261 WESTON DR | 2026-02 | $635,000 | 2,424 | 57.5% |
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