The Fair Share Report

19 Third St

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

≈ $634,270

Likely range $549,870 – $924,037, 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 $634,270 home should be assessed near $640,042.

Step 3 · Assessed value

$248,900

Set at the last town-wide revaluation and mostly frozen since. That's $391,142 below what the ratio math suggests (61.1%).

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 $1.655 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$4,119/yr
Public schools$2,680
Somerset County$783
Town of Warren$656
Warren average$16,986

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

Town median 92.8%
This home · 39.2%

21%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
6 ELM AVENUE2026-03$800,0001,320100.0%
11 OLD STIRLING ROAD2026-02$465,0001,471119.4%
39 OLD STIRLING ROAD2026-01$750,0001,79285.3%
503 WARRENVILLE ROAD2025-04$875,0001,57698.4%
22 LIVINGSTON AVENUE2026-02$520,0002,13586.1%
91 HILLCREST ROAD2026-03$947,0001,85294.8%
14 STILES ROAD2026-02$775,0002,09292.2%
4 ROCKAGE ROAD2025-04$750,0001,39490.6%
80 REINMAN ROAD2025-01$527,0001,37098.3%
13 INDIAN ROCK ROAD2025-03$625,0001,693101.8%
56 WASHINGTON VALLEY ROAD2025-01$727,0001,76498.3%
15 VALLEY VIEW ROAD2025-05$650,0001,60094.5%

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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 →