The Fair Share Report

19 Mitchell Ave

Warren, NJ 07059

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

≈ $935,521

Likely range $810,664 – $1,040,798, from 12 comparable Warren sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

100.91%

The state's official measure of how far Warren assessments sit below market value — republished every October, applied town-wide. A $935,521 home should be assessed near $944,034.

Step 3 · Assessed value

$693,600

Set at the last town-wide revaluation and mostly frozen since. That's $250,434 below what the ratio math suggests (26.5%).

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

$1.752 per $100 assessed

$1.140 Schools · 65% $0.333 County · 19% $0.279 Town · 16%

This home's own bill implies $1.648 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$11,434/yr
Public schools$7,440
Somerset County$2,173
Town of Warren$1,821
Warren average$16,986

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

Town median 92.8%
This home · 74.1%

61%109%

Keep quiet and enjoy it

This home's assessment ratio sits below the Warren 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
26 GATES AVENUE2026-01$760,0001,89784.7%
16 FAIRFIELD AVENUE2025-02$850,0002,28696.6%
5 THORESEN ROAD2026-01$750,0002,479103.6%
31 JOHNS DR2025-06$1,195,0002,88795.4%
5 STONY BROOK DRIVE2025-03$821,5002,44195.1%
4 KALMAN COURT2025-02$1,075,0002,30496.3%
59 FERGUSON ROAD2026-03$850,0002,54484.0%
56 FERGUSON ROAD2025-03$630,0002,382103.9%
22 LIVINGSTON AVENUE2026-02$520,0002,13586.1%
6 GENTRY DRIVE2026-03$980,0002,42886.6%
16 UPPER WARREN WAY2025-01$815,0002,303103.5%
14 STILES ROAD2026-02$775,0002,09292.2%

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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 →