The Fair Share Report
175 Weldon Rd
Jefferson, NJ 07849
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 $371,847 – $423,005, from 12 comparable Jefferson sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Jefferson assessments sit below market value — republished every October, applied town-wide. A $397,329 home should be assessed near $277,018.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $11,618 below what the ratio math suggests (4.2%).
Step 4 · The tax rate — same for every Jefferson home
$1.809 Schools · 60% $0.295 County · 10% $0.899 Town · 30%
Step 5 · The bill
This home vs. every recent Jefferson sale · assessed ÷ market
43%86%
Paying about right
This home's ratio lands inside Jefferson'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 |
|---|---|---|---|---|
| 301 ESPANONG RD | 2025-05 | $352,000 | 1,264 | 62.7% |
| 89 RIDGE RD | 2025-10 | $525,000 | 1,310 | 55.1% |
| 20 HERITAGE CT | 2026-04 | $440,000 | 1,326 | 57.0% |
| 2 RED OAK TER | 2025-06 | $389,000 | 1,326 | 61.0% |
| 36 PINE HOLLOW CT | 2025-03 | $390,000 | 1,326 | 64.5% |
| 25 RACCOON ISLAND RD | 2026-02 | $639,000 | 1,601 | 46.2% |
| 13 RIDGE VIEW TER | 2026-05 | $399,900 | 1,228 | 49.7% |
| 14 HERITAGE CT | 2026-04 | $380,000 | 1,228 | 52.3% |
| 14 RED OAK TER | 2025-12 | $359,500 | 1,228 | 55.3% |
| 10 SCHOFIELD CT | 2025-10 | $375,000 | 1,228 | 53.0% |
| 17 PINE HOLLOW CT | 2025-09 | $390,000 | 1,228 | 52.0% |
| 9 OGDON CT | 2025-09 | $380,000 | 1,228 | 52.3% |
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