The Fair Share Report

2 N Slope

Union, NJ 08809

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

≈ $335,000

Likely range $315,000 – $355,000, from 12 comparable Union sales in the past 18 months, at this home's 1,275 sq ft.

Step 2 · The Director's Ratio

86.66%

The state's official measure of how far Union assessments sit below market value — republished every October, applied town-wide. A $335,000 home should be assessed near $290,311.

Step 3 · Assessed value

$245,700

Set at the last town-wide revaluation and mostly frozen since. That's $44,611 below what the ratio math suggests (15.4%).

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

$2.196 per $100 assessed

$1.570 Schools · 72% $0.386 County · 18% $0.239 Town · 11%

Step 5 · The bill

$5,398/yr
Public schools$3,861
Hunterdon County$949
Town of Union$588
Union average$10,880

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

Town median 80.8%
This home · 73.3%

61%105%

Paying about right

This home's ratio lands inside Union'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
94 NORTH SLOPE2026-04$350,0001,27568.2%
57 OVERLOOK DRIVE2026-06$355,0001,27569.2%
41 OVERLOOK DR2025-11$315,0001,27576.6%
87 OVERLOOK DR2025-06$325,0001,27573.1%
1 NORTH SLOPE2025-06$335,0001,27571.2%
47 OVERLOOK DR2025-05$385,0001,27563.8%
32 HILLSIDE CT2025-11$385,0001,23363.3%
3 NORTH SLOPE2025-10$345,0001,23370.7%
16 WESTWAY2025-08$330,0001,23373.9%
74 OVERLOOK DR2025-04$315,0001,23376.5%
648 MAIN ST PATTENBURG2025-04$300,0001,224116.5%
4 THE CRESCENT2026-03$265,0001,06977.2%

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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 →