The Fair Share Report
20 Patrick Dr
Stafford, NJ 08050
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 $371,684 – $512,610, from 12 comparable Stafford 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 Stafford assessments sit below market value — republished every October, applied town-wide. A $416,338 home should be assessed near $215,871.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $676,629 above what the ratio math suggests (313.4%).
Step 4 · The tax rate — same for every Stafford home
$1.048 Schools · 40% $0.603 County · 23% $0.972 Town · 37%
This home's own bill implies $1.042 per $100 — well off the general rate. That usually means the town revalued since the last bill.
Step 5 · The bill
This home vs. every recent Stafford sale · assessed ÷ market
78%246%
Looks meaningfully over-assessed
Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (59.63%) — roughly $17,748/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 120 LONGWOOD DRIVE | 2025-03 | $390,000 | 1,593 | 97.9% |
| 129 YEOMAN ROAD | 2026-03 | $460,000 | 1,629 | 108.3% |
| 1137 HAWSER AVENUE | 2025-03 | $370,000 | 1,619 | 130.7% |
| 1306 PAUL BLVD | 2025-06 | $1,200,000 | 1,609 | 83.9% |
| 993 STARBOARD AVENUE | 2025-03 | $405,000 | 1,568 | 104.4% |
| 1164 WINDLASS DRIVE | 2026-01 | $465,000 | 1,544 | 97.8% |
| 105 HATCH LANE | 2025-05 | $485,000 | 1,493 | 90.0% |
| 53 LOOKOUT DRIVE | 2026-05 | $385,000 | 1,618 | 101.7% |
| 30 LOOKOUT DRIVE | 2025-05 | $419,999 | 1,606 | 91.7% |
| 183 COMPASS ROAD | 2025-06 | $474,299 | 1,717 | 98.4% |
| 1505 FORECASTLE AVENUE | 2025-05 | $476,000 | 1,524 | 97.9% |
| 16 NEWPORT ROAD | 2026-04 | $384,900 | 1,720 | 103.7% |
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