The Fair Share Report
204 Forge Rd
Eagleswood, NJ 08092
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 $251,325 – $468,056, from 12 comparable Eagleswood 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 Eagleswood assessments sit below market value — republished every October, applied town-wide. A $396,070 home should be assessed near $233,087.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $88,713 above what the ratio math suggests (38.1%).
Step 4 · The tax rate — same for every Eagleswood home
$2.013 Schools · 67% $0.497 County · 17% $0.476 Town · 16%
Step 5 · The bill
This home vs. every recent Eagleswood sale · assessed ÷ market
36%133%
Looks meaningfully over-assessed
Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (67.68%) — roughly $2,650/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 576 DOCK ROAD | 2025-09 | $400,000 | 1,300 | 85.2% |
| 361 RAILROAD AVENUE | 2025-06 | $403,000 | 1,512 | 55.7% |
| 488 DOCK ROAD | 2025-09 | $710,000 | 1,600 | 49.3% |
| 172 SILVER LAKE DRIVE | 2025-05 | $450,000 | 1,356 | 38.8% |
| 672 JULIAN CT | 2025-06 | $480,000 | 1,792 | 52.4% |
| 137 THOMAS AVENUE | 2026-03 | $290,000 | 1,578 | 70.2% |
| 122 DIVISION STREET | 2025-09 | $325,000 | 1,528 | 68.4% |
| 158 FORGE ROAD | 2025-10 | $377,650 | 1,512 | 48.3% |
| 269 NORTH STREET | 2026-01 | $317,000 | 1,800 | 80.4% |
| 269 NORTH STREET | 2025-09 | $200,000 | 1,800 | 127.5% |
| 110 QUAIL LANE | 2025-08 | $460,000 | 1,542 | 43.9% |
| 227 RAILROAD AVENUE | 2026-05 | $168,000 | 940 | 84.2% |
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