The Fair Share Report
204 Pine St
Hackettstown, NJ 07840
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 $338,980 – $391,489, from 12 comparable Hackettstown 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 Hackettstown assessments sit below market value — republished every October, applied town-wide. A $359,961 home should be assessed near $267,739.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $83,839 below what the ratio math suggests (31.3%).
Step 4 · The tax rate — same for every Hackettstown home
$2.070 Schools · 60% $0.676 County · 19% $0.731 Town · 21%
Step 5 · The bill
This home vs. every recent Hackettstown sale · assessed ÷ market
42%91%
Keep quiet and enjoy it
This home's assessment ratio sits below the Hackettstown pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 103 CONNIE TERR | 2025-08 | $400,000 | 1,080 | 53.5% |
| 204 CHRISTOPHER ST | 2025-01 | $205,000 | 1,118 | 151.3% |
| 411 HURLEY DR | 2025-05 | $397,000 | 1,104 | 56.5% |
| 624 MADISON ST | 2025-07 | $452,500 | 1,108 | 54.7% |
| 151 COLLEGE VIEW DR | 2025-11 | $480,000 | 1,194 | 59.0% |
| 100 CHARLES ST | 2025-06 | $479,000 | 1,104 | 49.0% |
| 226 ASHLEY AVE | 2025-06 | $410,000 | 1,066 | 52.6% |
| 310 SHARP ST | 2025-10 | $395,000 | 1,152 | 53.3% |
| 128 COLLEGE VIEW DR | 2026-06 | $465,000 | 1,205 | 54.1% |
| 605 HIGH ST | 2025-08 | $395,000 | 1,040 | 54.9% |
| 516 MONROE ST | 2026-05 | $500,000 | 1,428 | 50.4% |
| 109 E BALDWIN ST | 2026-05 | $495,000 | 1,404 | 52.5% |
Is this your house?
Run your own report →