The Fair Share Report
20 Lerro Rd
Oldmans, NJ 08067
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 2 · The Director's Ratio
The state's official measure of how far Oldmans assessments sit below market value — republished every October, applied town-wide.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since.
Step 4 · The tax rate — same for every Oldmans home
$1.223 Schools · 45% $1.279 County · 47% $0.197 Town · 7%
Step 5 · The bill
The record, in full
Not enough closely-comparable recent sales in Oldmans for a fairness verdict — the town's current median assessment ratio is 72.1%.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 118 POINTERS-AUBURN RD | 2025-12 | $475,000 | 2,112 | 48.6% |
| 85 NEW RD | 2025-10 | $360,000 | 1,752 | 48.4% |
| 52 PEDRICKTN-WOODSTN RD | 2024-12 | $400,000 | 2,282 | 79.0% |
| 7 NICOLE CIRCLE | 2025-09 | $620,000 | — | 80.5% |
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