The Fair Share Report

2 Joyce Ct

Mansfield, NJ 08022

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

≈ $513,012

Likely range $476,512 – $582,926, from 12 comparable Mansfield sales in the past 18 months, at this home's 1,891 sq ft.

Step 2 · The Director's Ratio

56.72%

The state's official measure of how far Mansfield assessments sit below market value — republished every October, applied town-wide. A $513,012 home should be assessed near $290,980.

Step 3 · Assessed value

$283,900

Set at the last town-wide revaluation and mostly frozen since. That's $7,080 below what the ratio math suggests (2.4%).

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

$3.221 per $100 assessed

$2.211 Schools · 69% $0.502 County · 16% $0.509 Town · 16%

Step 5 · The bill

$9,147/yr
Public schools$6,277
Burlington County$1,425
Town of Mansfield$1,445
Mansfield average$8,256

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

Town median 44.2%
This home · 55.3%

32%71%

A touch high — worth watching

This home's ratio sits above most of Mansfield, but doesn't clear NJ's legal appeal line (65.23%).

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

AddressSoldPriceSq ftRatio
59 BARBARY LANE2025-06$520,0001,96844.6%
225 WAGON WHEEL LANE2026-05$435,0001,63539.1%
42 GEORGETOWN ROAD2025-09$623,0002,02137.8%
89 HORSESHOE LANE SOUTH2026-02$380,0001,50842.5%
2 JUNIPER DRIVE2026-02$745,0002,29435.9%
28034 GAUNTS BRIDGE ROAD2026-02$365,0001,64269.5%
26 FITZGERALD LANE2025-04$525,0002,29649.4%
48 SUNSET LANE2026-05$430,0001,52437.9%
22 CLOVERDALE WAY2025-11$750,0002,38050.4%
12 CANDLELIGHT CIRCLE2026-04$395,0001,45640.6%
6 DANNY LANE2025-01$750,0002,43547.4%
4 FIRESIDE CIRCLE2025-05$280,0001,44857.9%

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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 →