The Fair Share Report

2 Brookside Dr

Rumson, NJ 07760

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

≈ $2,592,029

Likely range $2,272,154 – $3,016,106, from 12 comparable Rumson sales in the past 18 months, at this home's 4,307 sq ft.

Step 2 · The Director's Ratio

96.70%

The state's official measure of how far Rumson assessments sit below market value — republished every October, applied town-wide. A $2,592,029 home should be assessed near $2,506,492.

Step 3 · Assessed value

$2,967,300

Set at the last town-wide revaluation and mostly frozen since. That's $460,808 above what the ratio math suggests (18.4%).

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

$1.049 per $100 assessed

$0.594 Schools · 57% $0.210 County · 20% $0.245 Town · 23%

This home's own bill implies $0.706 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$20,937/yr
Public schools$11,856
Monmouth County$4,191
Town of Rumson$4,890
Rumson average$23,692

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

Town median 97.5%
This home · 114.5%

72%136%

Paying about right

This home's ratio lands inside Rumson'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
7 SAILERS WAY2025-01$2,670,0004,46799.5%
19 BELLEVUE AVE.2025-05$2,825,0004,045100.0%
85 BUENA VISTA AVENUE2025-02$2,650,0003,993107.1%
41 BUENA VISTA AVE2025-04$2,450,0004,071100.0%
78 BELLEVUE AVE.2026-04$2,499,0004,73786.6%
17 SAILERS WAY2026-05$2,200,0004,071121.5%
5 CLOVER LANE2025-02$2,150,0004,18485.5%
16 HEATHCLIFF ROAD2026-01$2,600,0003,59479.3%
137 BINGHAM AVE.2026-02$2,499,9994,34199.2%
2 WOODS END ROAD2025-05$2,500,0003,57091.8%
3 POPOMORA DRIVE2025-03$2,400,0005,174100.1%
45 WARDELL AVENUE2026-03$3,350,0004,62575.1%

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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 →