The Fair Share Report
2 Roy Rd
Fredon, NJ 07860
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 $415,184 – $507,172, from 12 comparable Fredon 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 Fredon assessments sit below market value — republished every October, applied town-wide. A $494,241 home should be assessed near $324,074.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $12,326 above what the ratio math suggests (3.8%).
Step 4 · The tax rate — same for every Fredon home
$2.081 Schools · 66% $0.595 County · 19% $0.483 Town · 15%
Step 5 · The bill
This home vs. every recent Fredon sale · assessed ÷ market
45%86%
A touch high — worth watching
This home's ratio sits above most of Fredon, but doesn't clear NJ's legal appeal line (75.41%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 18 WARNER RD | 2025-06 | $650,000 | 1,974 | 50.4% |
| 48 FREDON-GREENDELL RD | 2025-11 | $555,000 | 2,240 | 62.1% |
| 82 VAN HORN RD | 2025-05 | $469,000 | 1,898 | 57.6% |
| 44 KOHLBOCKER RD | 2025-11 | $350,000 | 2,380 | 89.4% |
| 27 OLD MIDDLEVILLE RD | 2026-05 | $602,000 | 2,486 | 54.9% |
| 13 SEMINOLE CT | 2025-10 | $535,000 | 2,574 | 65.8% |
| 516 RIDGE RD | 2025-12 | $490,000 | 2,208 | 69.7% |
| 11 BETONY CT | 2026-01 | $742,950 | 2,364 | 54.7% |
| 22 TROON DR | 2025-07 | $585,816 | 2,574 | 60.3% |
| 4 TROON DR | 2025-10 | $475,000 | 2,574 | 64.8% |
| 12 SEMINOLE CT | 2025-10 | $490,000 | 2,574 | 63.3% |
| 20 ANDERSON HILL RD | 2026-02 | $510,000 | 2,076 | 64.9% |
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