The Fair Share Report

201 E Moore St

Hackettstown, NJ 07876

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

≈ $323,844

Likely range $267,259 – $407,857, from 12 comparable Hackettstown sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

74.38%

The state's official measure of how far Hackettstown assessments sit below market value — republished every October, applied town-wide. A $323,844 home should be assessed near $240,875.

Step 3 · Assessed value

$189,100

Set at the last town-wide revaluation and mostly frozen since. That's $51,775 below what the ratio math suggests (21.5%).

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

$3.477 per $100 assessed

$2.070 Schools · 60% $0.676 County · 19% $0.731 Town · 21%

Step 5 · The bill

$6,575/yr
Public schools$3,914
Warren County$1,278
Town of Hackettstown$1,382
Hackettstown average$9,665

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

Town median 58.7%
This home · 58.4%

41%91%

Paying about right

This home's ratio lands inside Hackettstown'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
204 CHRISTOPHER ST2025-01$205,0001,118151.3%
522 W VALLEY VIEW AVE2025-12$340,0001,16758.6%
128 BROOK DR2025-08$260,0001,08056.3%
105 BROOK DR2025-04$270,0001,08062.7%
310 SHARP ST2025-10$395,0001,15253.3%
226 ASHLEY AVE2025-06$410,0001,06652.6%
215 GRAND AVE2025-02$285,0001,39969.2%
41 N MAIN ST2025-11$290,0001,26279.3%
309 SECOND ST2025-07$465,0001,38066.8%
624 MADISON ST2025-07$452,5001,10854.7%
533 W VALLEY VIEW AVE2025-11$390,0001,38458.7%
403 W PLANE ST2025-12$400,0001,44964.5%

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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 →