The Fair Share Report

20 Trinity Pl

Warren, NJ 07059

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

≈ $1,786,136

Likely range $1,594,207 – $2,093,439, from 12 comparable Warren sales in the past 18 months, at this home's 4,878 sq ft.

Step 2 · The Director's Ratio

100.91%

The state's official measure of how far Warren assessments sit below market value — republished every October, applied town-wide. A $1,786,136 home should be assessed near $1,802,390.

Step 3 · Assessed value

$2,125,000

Set at the last town-wide revaluation and mostly frozen since. That's $322,610 above what the ratio math suggests (17.9%).

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

$1.752 per $100 assessed

$1.140 Schools · 65% $0.333 County · 19% $0.279 Town · 16%

This home's own bill implies $1.646 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$34,968/yr
Public schools$22,753
Somerset County$6,646
Town of Warren$5,569
Warren average$16,986

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

Town median 92.8%
This home · 119.0%

77%139%

Looks meaningfully over-assessed

Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (100.00%) — roughly $5,652/yr at stake. NJ appeals are generally due April 1.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
38 WILLIAM PENN ROAD2025-05$1,400,0004,98097.2%
19 ROBIN ROAD2026-01$1,404,0004,29685.5%
6 THISTLE LANE2026-05$2,595,0005,55481.3%
2 WILLOW WOODS TRAIL2026-03$1,960,0005,89392.8%
20 WHISPERING WAY2025-04$1,720,0004,32193.3%
6 STONEHEDGE COURT2026-04$2,485,0003,88381.6%
22 OLD DUTCH ROAD2026-02$1,520,0004,16282.6%
22 QUAIL RUN2025-06$1,635,0004,16589.6%
1 MEYERS LANE2025-06$2,550,0005,43183.5%
15 QUAIL RUN2026-06$2,175,0005,94080.2%
15 THISTLE LANE2025-05$1,900,0006,21796.7%
18 NORTH ROAD2026-03$995,0003,77199.0%

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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 →