The Fair Share Report

2 Patrick Dr

Union, NJ 08867

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

≈ $454,746

Likely range $420,572 – $502,881, from 12 comparable Union sales in the past 18 months (home size estimated from assessor data — range widened).

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 $454,746 home should be assessed near $394,083.

Step 3 · Assessed value

$430,100

Set at the last town-wide revaluation and mostly frozen since. That's $36,017 above what the ratio math suggests (9.1%).

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

$9,449/yr
Public schools$6,759
Hunterdon County$1,662
Town of Union$1,029
Union average$10,880

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

Town median 80.8%
This home · 94.6%

61%108%

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
217 VAN SYCKELS RD2026-04$525,0001,92875.5%
617 ROUTE 5792025-12$700,0002,02763.3%
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%
92 COUNTRY ACRES DR2025-12$485,0002,244117.0%
32 HILLSIDE CT2025-11$385,0001,23363.3%
3 NORTH SLOPE2025-10$345,0001,23370.7%
16 WESTWAY2025-08$330,0001,23373.9%

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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 →