The Fair Share Report

189 Mitchell Rd

Mansfield, NJ 07863

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

≈ $518,281

Likely range $442,933 – $593,068, from 12 comparable Mansfield sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

59.32%

The state's official measure of how far Mansfield assessments sit below market value — republished every October, applied town-wide. A $518,281 home should be assessed near $307,444.

Step 3 · Assessed value

$251,800

Set at the last town-wide revaluation and mostly frozen since. That's $55,644 below what the ratio math suggests (18.1%).

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

$3.563 per $100 assessed

$2.066 Schools · 58% $0.800 County · 22% $0.696 Town · 20%

Step 5 · The bill

$8,972/yr
Public schools$5,204
Warren County$2,015
Town of Mansfield$1,753
Mansfield average$8,672

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

Town median 47.8%
This home · 48.6%

33%75%

Paying about right

This home's ratio lands inside Mansfield's normal band. The drift hasn't singled it out — no case for a tax appeal.

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

AddressSoldPriceSq ftRatio
11 MEADOW LANE2025-09$530,0001,84649.1%
5 FLEMMING PLACE2025-04$660,0001,91745.2%
1397 ROUTE 572025-10$480,0002,14448.6%
1 KENLEY WAY2025-05$700,0002,14845.6%
410 MOUNT BETHEL ROAD2026-06$485,0002,01655.3%
6 RIDGLEY STREET2025-11$680,0002,23448.6%
21 SLOPE DRIVE2026-04$510,0001,84642.5%
17 MEADOW LANE2025-12$505,0001,84641.9%
45 SLOPE DRIVE2025-05$440,0001,84647.5%
20 SLOPE DRIVE2025-02$104,0001,846211.9%
346 ROCKPORT ROAD2026-04$750,0002,40841.2%
21 HIGHLAND AVENUE2025-12$440,0001,82052.8%

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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 →