The Fair Share Report

19 E St

Ringwood, NJ 07456

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

≈ $310,944

Likely range $302,960 – $335,078, from 12 comparable Ringwood sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

57.24%

The state's official measure of how far Ringwood assessments sit below market value — republished every October, applied town-wide. A $310,944 home should be assessed near $177,984.

Step 3 · Assessed value

$4,800

Set at the last town-wide revaluation and mostly frozen since. That's $173,184 below what the ratio math suggests (97.3%).

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

$4.259 per $100 assessed

$2.546 Schools · 60% $0.780 County · 18% $0.933 Town · 22%

Step 5 · The bill

$204/yr
Public schools$122
Passaic County$37
Town of Ringwood$45
Ringwood average$12,925

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

Town median 48.7%
This home · 1.5%

0%71%

Keep quiet and enjoy it

This home's assessment ratio sits below the Ringwood pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

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

AddressSoldPriceSq ftRatio
17 MT GLEN RD2025-07$405,00072646.6%
93 UPPER LAKEVIEW AVE2025-06$400,00082863.8%
468 SKYLINE LAKES DR2025-01$389,00086447.9%
45 WINDBEAM AVE2025-06$385,00083748.5%
212 LAKEVIEW AVE2025-06$435,00072845.6%
10 PEQUOT RD2025-09$350,00079254.6%
18 SYLVAN LN2025-03$375,00089647.1%
354 SKYLINE LAKES DR2025-12$425,00092541.5%
78 WOODLAND RD2026-05$300,00095068.1%
117 LAKEVIEW AVE2025-08$440,00089939.7%
13 RIDGE PL2025-09$525,00096041.7%
48 OLIVER PL2026-05$472,5001,04044.5%

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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 →