The Fair Share Report

184 Riptide Ave

Stafford, NJ 08050

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

≈ $636,425

Likely range $611,660 – $776,836, from 12 comparable Stafford sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

51.85%

The state's official measure of how far Stafford assessments sit below market value — republished every October, applied town-wide. A $636,425 home should be assessed near $329,986.

Step 3 · Assessed value

$655,800

Set at the last town-wide revaluation and mostly frozen since. That's $325,814 above what the ratio math suggests (98.7%).

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

$2.623 per $100 assessed

$1.048 Schools · 40% $0.603 County · 23% $0.972 Town · 37%

This home's own bill implies $1.337 per $100 — well off the general rate. That usually means the town revalued since the last bill.

Step 5 · The bill

$8,769/yr
Public schools$3,503
Ocean County$2,016
Town of Stafford$3,249
Stafford average$7,775

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

Town median 95.4%
This home · 103.0%

78%114%

Looks meaningfully over-assessed

Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (59.63%) — roughly $8,546/yr at stake. NJ appeals are generally due April 1.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
197 INLET AVENUE2026-05$635,0002,435102.3%
1235 WINDLASS DRIVE2025-04$650,0002,442100.4%
88 GLENN DRIVE2025-05$1,165,0002,37693.4%
68 MORRIS BLVD2026-05$1,200,0002,32891.6%
80 BRYCE LANE2026-05$467,5002,52389.6%
175 BARRACUDA ROAD2026-02$680,0002,43794.4%
72 HENRY DRIVE2025-01$1,825,0002,43473.5%
114 BRYCE LANE2025-03$425,0002,52399.0%
224 NAUTILUS DRIVE2025-04$670,0002,33196.7%
296 NEPTUNE DRIVE2026-01$585,0002,318104.5%
254 OUTBOARD AVENUE2025-05$750,0002,37789.0%
584 CORAL LANE2026-05$649,9992,34482.1%

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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 →