The Fair Share Report

20 Stempler Ct

Holmdel, NJ 07871

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.

Step 1 · Market value

≈ $652,630

Likely range $589,181 – $696,028, from 12 comparable Holmdel sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

99.74%

The state's official measure of how far Holmdel assessments sit below market value — republished every October, applied town-wide. A $652,630 home should be assessed near $650,933.

Step 3 · Assessed value

$581,400

Set at the last town-wide revaluation and mostly frozen since. That's $69,533 below what the ratio math suggests (10.7%).

Step 4 · The tax rate — same for every Holmdel home

$1.538 per $100 assessed

$1.063 Schools · 69% $0.207 County · 13% $0.268 Town · 17%

This home's own bill implies $1.419 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$8,248/yr
Public schools$5,700
Monmouth County$1,110
Town of Holmdel$1,437
Holmdel average$15,894

This home vs. every recent Holmdel sale · assessed ÷ market

Town median 97.7%
This home · 89.1%

78%113%

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)

AddressSoldPriceSq ftRatio
56 BETHANY ROAD2025-01$590,0001,47992.5%
8 BRENTWOOD ROAD2025-03$729,0001,50092.1%
6 HOMESTEAD PL2025-01$625,0001,500106.0%
901 PALMER AVE2026-03$660,0001,56698.4%
2 ORCHARD AVENUE EAST2026-02$749,9001,69382.5%
9 KNOLLWOOD ROAD2026-03$790,0001,90494.6%
874 HOLMDEL RD2025-02$730,0001,96089.9%
38 BRISTEL RD.2025-05$628,0001,71690.8%
22 WELLER PLACE2026-03$600,0001,78888.5%
11 CHESTNUT RIDGE RD2026-04$870,0002,23696.5%
29 MARIA CT2025-04$585,0001,52999.7%
24 MARIA CT2025-03$545,0001,529103.8%

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Estimates from public records — NJ MOD-IV assessments, SR1A usable sales, and Treasury/DCA rate tables. Your house has a history. Write the next chapter on Plotline →