The Fair Share Report
2 Pine St
Jefferson, NJ 07849
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 $393,134 – $501,497, from 12 comparable Jefferson sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Jefferson assessments sit below market value — republished every October, applied town-wide. A $445,117 home should be assessed near $310,336.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $55,336 below what the ratio math suggests (17.8%).
Step 4 · The tax rate — same for every Jefferson home
$1.809 Schools · 60% $0.295 County · 10% $0.899 Town · 30%
Step 5 · The bill
This home vs. every recent Jefferson sale · assessed ÷ market
43%86%
Paying about right
This home's ratio lands inside Jefferson'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 |
|---|---|---|---|---|
| 237 PROSPECT PT RD | 2026-02 | $510,000 | 1,392 | 47.4% |
| 71 ROOSEVELT AVE | 2025-05 | $480,000 | 1,288 | 50.6% |
| 645 BERKSHIRE VALLEY RD | 2025-09 | $370,000 | 1,305 | 70.2% |
| 301 ESPANONG RD | 2025-05 | $352,000 | 1,264 | 62.7% |
| 5509 BERKSHIRE VALLEY RD | 2025-03 | $477,100 | 1,288 | 60.3% |
| 12 LEDGEWOOD RD | 2025-05 | $455,000 | 1,496 | 58.5% |
| 18 MARINE TER | 2026-03 | $435,000 | 1,212 | 57.6% |
| 10 FERNWOOD AVE | 2025-05 | $480,000 | 1,440 | 56.5% |
| 52 E SHAWNEE TRL | 2025-02 | $500,000 | 1,506 | 54.0% |
| 9 MILLBURN DR | 2025-11 | $410,000 | 1,190 | 51.0% |
| 54 WINONA TRL | 2026-03 | $175,000 | 1,142 | 107.6% |
| 19 CHOCTAW TRL | 2025-08 | $464,000 | 1,489 | 74.3% |
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