The Fair Share Report
2 Pine Ln
Mount Olive, NJ 07836
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 $642,800 – $722,390, from 12 comparable Mount Olive sales in the past 18 months, at this home's 2,214 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Mount Olive assessments sit below market value — republished every October, applied town-wide. A $697,794 home should be assessed near $461,381.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $148,681 below what the ratio math suggests (32.2%).
Step 4 · The tax rate — same for every Mount Olive home
$2.310 Schools · 69% $0.345 County · 10% $0.711 Town · 21%
Step 5 · The bill
This home vs. every recent Mount Olive sale · assessed ÷ market
37%82%
Paying about right
This home's ratio lands inside Mount Olive'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 |
|---|---|---|---|---|
| 8 KEVIN DR | 2025-07 | $725,000 | 2,222 | 54.2% |
| 4 THERESA DR | 2025-04 | $781,000 | 2,464 | 52.4% |
| 18 BRIDLE LN | 2025-06 | $660,000 | 2,302 | 53.7% |
| 3 KERRY PL | 2026-06 | $910,000 | 2,464 | 43.9% |
| 39 COREY RD | 2026-06 | $830,000 | 2,464 | 41.5% |
| 120 ROUTE 206 | 2025-11 | $560,000 | 2,300 | 58.6% |
| 19 BENNINGTON DR | 2025-08 | $781,000 | 2,478 | 48.1% |
| 37 ST JOHNS RD | 2025-11 | $710,000 | 2,246 | 48.4% |
| 7 SCHOOL HOUSE LN | 2025-08 | $820,000 | 2,562 | 50.5% |
| 40 CAMELOT DR | 2025-10 | $675,000 | 2,164 | 50.7% |
| 2 KERRY PL | 2025-09 | $740,000 | 2,409 | 54.2% |
| 164 RIVER RD | 2026-01 | $765,000 | 2,556 | 50.8% |
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