The Fair Share Report
20 Ely Rd
Holmdel, NJ 07733
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 $956,488 – $1,374,943, from 12 comparable Holmdel 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 Holmdel assessments sit below market value — republished every October, applied town-wide. A $1,089,594 home should be assessed near $1,086,761.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $22,139 above what the ratio math suggests (2.0%).
Step 4 · The tax rate — same for every Holmdel home
$1.063 Schools · 69% $0.207 County · 13% $0.268 Town · 17%
This home's own bill implies $1.410 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Holmdel sale · assessed ÷ market
75%121%
Paying about right
This home's ratio lands inside Holmdel'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 |
|---|---|---|---|---|
| 2 DEERCREST DR | 2025-01 | $850,000 | 2,721 | 102.4% |
| 6 PARTRIDGE RUN | 2025-04 | $1,295,000 | 2,837 | 90.7% |
| 2 OVERLOOK DRIVE | 2025-05 | $810,000 | 2,580 | 107.1% |
| 10 GOLDSMITH DR | 2026-04 | $1,259,056 | 2,726 | 90.7% |
| 9 LONGVIEW DRIVE | 2025-05 | $1,260,000 | 2,721 | 103.7% |
| 6 ARMAND COURT | 2025-04 | $991,500 | 2,882 | 96.3% |
| 6 FLORA DR | 2026-04 | $1,477,500 | 2,515 | 72.3% |
| 3 EMORY PLACE | 2025-04 | $1,063,000 | 3,223 | 99.0% |
| 6 BERKSHIRE COURT | 2025-04 | $1,150,000 | 2,958 | 101.0% |
| 4 PADDOCK CT | 2025-05 | $1,350,500 | 2,802 | 87.6% |
| 6 STONEHENGE DR | 2025-04 | $820,000 | 2,412 | 103.9% |
| 4 DOUGLAS DR | 2026-05 | $1,100,000 | 3,095 | 99.2% |
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