The Fair Share Report
2 Brown Dr
Byram, NJ 07874
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $406,936 – $548,553, from 12 comparable Byram sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Byram assessments sit below market value — republished every October, applied town-wide. A $471,194 home should be assessed near $273,858.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $33,458 below what the ratio math suggests (12.2%).
Step 4 · The tax rate — same for every Byram home
$2.312 Schools · 58% $0.673 County · 17% $1.033 Town · 26%
Step 5 · The bill
This home vs. every recent Byram sale · assessed ÷ market
36%72%
Paying about right
This home's ratio lands inside Byram's normal band. The drift hasn't singled it out — no case for a tax appeal.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 20 LAKE VIEW DR | 2026-06 | $585,000 | 1,674 | 39.1% |
| 2 CABIN SPRING TRAIL | 2025-10 | $462,500 | 1,596 | 39.3% |
| 9 RICHMOND RD | 2025-12 | $395,000 | 1,576 | 69.0% |
| 52 RIVER RD | 2026-01 | $485,000 | 1,820 | 51.5% |
| 39 SHERWOOD FOREST DR | 2025-01 | $439,000 | 1,786 | 51.2% |
| 74 SLEEPY HOLLOW RD | 2026-05 | $430,000 | 1,680 | 50.5% |
| 74 SLEEPY HOLLOW RD | 2025-12 | $251,250 | 1,680 | 86.4% |
| 22 MT HEIGHTS DR | 2026-04 | $554,000 | 1,660 | 37.7% |
| 22 MT HEIGHTS DR | 2025-06 | $482,000 | 1,660 | 43.3% |
| 62 SHERWOOD FOREST DR | 2025-01 | $452,500 | 1,724 | 49.9% |
| 28 ACORN ST | 2026-02 | $500,000 | 1,732 | 45.6% |
| 17 BROOKWOOD DR | 2026-02 | $575,000 | 1,953 | 44.3% |
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