The Fair Share Report

2 Pine Pl

Warren, NJ 07059

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

≈ $652,844

Likely range $574,421 – $875,087, from 12 comparable Warren sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

100.91%

The state's official measure of how far Warren assessments sit below market value — republished every October, applied town-wide. A $652,844 home should be assessed near $658,785.

Step 3 · Assessed value

$45,700

Set at the last town-wide revaluation and mostly frozen since. That's $613,085 below what the ratio math suggests (93.1%).

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

$1.752 per $100 assessed

$1.140 Schools · 65% $0.333 County · 19% $0.279 Town · 16%

This home's own bill implies $1.648 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$753/yr
Public schools$490
Somerset County$143
Town of Warren$120
Warren average$16,986

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

Town median 92.8%
This home · 7.0%

0%109%

Keep quiet and enjoy it

This home's assessment ratio sits below the Warren pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

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

AddressSoldPriceSq ftRatio
11 OLD STIRLING ROAD2026-02$465,0001,471119.4%
91 HILLCREST ROAD2026-03$947,0001,85294.8%
39 OLD STIRLING ROAD2026-01$750,0001,79285.3%
80 REINMAN ROAD2025-01$527,0001,37098.3%
6 ELM AVENUE2026-03$800,0001,320100.0%
4 CALDWELL PLACE2025-02$655,0001,13096.1%
14 STILES ROAD2026-02$775,0002,09292.2%
4 KALMAN COURT2025-02$1,075,0002,30496.3%
26 GATES AVENUE2026-01$760,0001,89784.7%
503 WARRENVILLE ROAD2025-04$875,0001,57698.4%
22 LIVINGSTON AVENUE2026-02$520,0002,13586.1%
5 THORESEN ROAD2026-01$750,0002,479103.6%

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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 →