The Fair Share Report
18 Allocco Dr
Holmdel, NJ 07733
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 $1,104,171 – $1,307,696, from 12 comparable Holmdel 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 Holmdel assessments sit below market value — republished every October, applied town-wide. A $1,173,967 home should be assessed near $1,170,915.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $242,285 above what the ratio math suggests (20.7%).
Step 4 · The tax rate — same for every Holmdel home
$1.063 Schools · 69% $0.207 County · 13% $0.268 Town · 17%
This home's own bill implies $1.381 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Holmdel sale · assessed ÷ market
84%133%
Looks meaningfully over-assessed
Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (100.00%) — roughly $3,726/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 4 ROCKY TOP COURT | 2025-06 | $979,999 | 3,316 | 108.7% |
| 13 SUNRISE CIRCLE | 2025-06 | $1,250,000 | 3,359 | 108.9% |
| 10 DEERCREST DR | 2026-03 | $1,100,000 | 3,242 | 103.5% |
| 43 STONEY BROOK ROAD | 2025-01 | $1,421,000 | 3,593 | 101.9% |
| 10 HIDDEN HOLLOW TERR | 2025-04 | $1,100,000 | 3,320 | 100.7% |
| 3 GEORJEAN DRIVE | 2025-04 | $1,180,000 | 3,485 | 91.5% |
| 4 DOUGLAS DR | 2026-05 | $1,100,000 | 3,095 | 99.2% |
| 45 GALLOPING HILL CIRCLE | 2026-03 | $1,230,000 | 3,818 | 111.5% |
| 3 EMORY PLACE | 2025-04 | $1,063,000 | 3,223 | 99.0% |
| 13 DORA LANE | 2025-05 | $1,440,000 | 3,627 | 102.3% |
| 23 STONEY BROOK ROAD | 2026-05 | $1,350,000 | 3,948 | 94.7% |
| 7 FLORA DR | 2026-03 | $1,230,000 | 2,461 | 80.9% |
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