The Fair Share Report
188 Forge Rd
Eagleswood, NJ 08092
The town adjusts for market price changes once a year — but only based on the average price change of all homes in the area. This report checks whether this house's assessment kept pace.
This home's payments are about right
It sits inside Eagleswood's normal range — market price changes haven't singled it out. No case for a tax appeal.
Step 1 · Market value
Likely range $411,780 – $595,692, from 12 comparable Eagleswood sales in the past 18 months, at this home's 1,936 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Eagleswood assessments sit below market value — republished every October, applied town-wide. A $518,571 home should be assessed near $305,179.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $96,079 below what the ratio math suggests (31.5%).
Step 4 · The tax rate — same for every Eagleswood home
$2.013 Schools · 67% $0.497 County · 17% $0.476 Town · 16%
Step 5 · The bill
This home vs. every recent Eagleswood sale · assessed ÷ market
30%91%
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 269 NORTH STREET | 2026-01 | $317,000 | 1,800 | 80.4% |
| 269 NORTH STREET | 2025-09 | $200,000 | 1,800 | 127.5% |
| 361 RAILROAD AVENUE | 2025-06 | $403,000 | 1,512 | 55.7% |
| 107 TANGLEWOOD DR. | 2025-07 | $686,800 | 2,380 | 54.7% |
| 672 JULIAN CT | 2025-06 | $480,000 | 1,792 | 52.4% |
| 30 EAGLE RIDGE LANE | 2025-03 | $607,000 | 2,145 | 54.6% |
| 576 DOCK ROAD | 2025-09 | $400,000 | 1,300 | 85.2% |
| 14 EAGLE RIDGE LANE | 2025-03 | $700,000 | 1,957 | 46.8% |
| 122 DIVISION STREET | 2025-09 | $325,000 | 1,528 | 68.4% |
| 488 DOCK ROAD | 2025-09 | $710,000 | 1,600 | 49.3% |
| 670 JULIAN COURT | 2026-02 | $569,000 | 2,199 | 49.2% |
| 126 BARTLETT AVENUE | 2026-03 | $365,000 | 1,666 | 62.3% |
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