The Fair Share Report
2 Templer Way
Hazlet, NJ 07730
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 $549,553 – $685,509, from 12 comparable Hazlet 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 Hazlet assessments sit below market value — republished every October, applied town-wide. A $588,439 home should be assessed near $526,476.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $89,324 above what the ratio math suggests (17.0%).
Step 4 · The tax rate — same for every Hazlet home
$1.274 Schools · 66% $0.222 County · 11% $0.436 Town · 23%
This home's own bill implies $1.771 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Hazlet sale · assessed ÷ market
77%118%
Paying about right
This home's ratio lands inside Hazlet'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 |
|---|---|---|---|---|
| 7 MEADOW COURT | 2026-04 | $731,000 | 1,828 | 81.9% |
| 9 DUTCH LANE | 2025-01 | $425,000 | 1,704 | 102.3% |
| 16 DUTCH LANE | 2025-05 | $435,000 | 1,728 | 93.9% |
| 6 LILLIAN DRIVE | 2025-04 | $585,000 | 1,646 | 104.3% |
| 15 JANINE PLACE | 2026-02 | $713,000 | 1,881 | 80.3% |
| 6 BROOKLAWN DRIVE | 2025-01 | $560,000 | 1,595 | 101.4% |
| 17 DUBLIN LANE | 2026-05 | $705,000 | 1,540 | 87.5% |
| 16 LISA DRIVE | 2025-01 | $620,000 | 1,870 | 95.8% |
| 10 CEDAR AVENUE | 2025-04 | $685,000 | 1,697 | 85.8% |
| 308 STONE ROAD | 2026-03 | $667,900 | 1,932 | 89.2% |
| 16 MOAK DRIVE | 2026-02 | $651,000 | 1,950 | 89.6% |
| 36 FIELDCREST WAY | 2025-02 | $430,000 | 1,680 | 110.8% |
Is this your house?
Run your own report →