The Fair Share Report

19 Patrick Dr

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

≈ $706,512

Likely range $465,225 – $988,637, 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 $706,512 home should be assessed near $366,326.

Step 3 · Assessed value

$931,300

Set at the last town-wide revaluation and mostly frozen since. That's $564,974 above what the ratio math suggests (154.2%).

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 $1.117 per $100 — well off the general rate. That usually means the town revalued since the last bill.

Step 5 · The bill

$10,403/yr
Public schools$4,156
Ocean County$2,391
Town of Stafford$3,855
Stafford average$7,775

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

Town median 95.4%
This home · 131.8%

78%206%

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 $14,819/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
140 MORTON DRIVE2025-02$735,0001,80697.2%
168 MERMAID DRIVE2025-03$428,0001,69298.8%
924 JANE DRIVE2025-03$835,0001,58491.8%
100 HOPE LANE2025-06$680,0001,774111.0%
1034 BUCCANEER LANE2026-03$400,0001,648101.3%
11 MARY JEANNE LANE2025-05$950,0001,873102.4%
304 MORRIS BLVD2026-05$1,165,0001,63883.2%
47 HENRY DRIVE2026-05$1,100,0001,73688.1%
115 MARY ALICE ROAD2026-05$769,9991,60091.7%
1038 WHITECAP AVENUE2026-02$465,0001,59889.0%
247 JENNINGS ROAD2026-03$475,0001,738103.0%
152 ANITA DRIVE2025-05$905,0001,665101.6%

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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 →