The Fair Share Report
205 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.
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Step 1 · Market value
Likely range $733,065 – $884,655, from 12 comparable Eagleswood sales in the past 18 months, at this home's 2,762 sq ft.
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 $781,601 home should be assessed near $459,972.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $79,672 below what the ratio math suggests (17.3%).
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%91%
Paying about right
This home's ratio lands inside Eagleswood's normal band. The drift hasn't singled it out — no case for a tax appeal.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 630 BAYVIEW DR | 2026-04 | $900,000 | 2,712 | 60.6% |
| 107 TANGLEWOOD DR. | 2025-07 | $686,800 | 2,380 | 54.7% |
| 109 LAUREL HILL LANE | 2025-06 | $760,000 | 2,640 | 42.6% |
| 6 EAGLE RIDGE LANE | 2026-01 | $700,000 | 2,675 | 50.9% |
| 30 EAGLE RIDGE LANE | 2025-03 | $607,000 | 2,145 | 54.6% |
| 670 JULIAN COURT | 2026-02 | $569,000 | 2,199 | 49.2% |
| 163 SPRAGUE AVE. | 2025-11 | $999,000 | 3,119 | 47.7% |
| 159 SPRAGUE AVE. | 2025-12 | $930,000 | 3,504 | 53.5% |
| 361 RAILROAD AVENUE | 2025-06 | $403,000 | 1,512 | 55.7% |
| 672 JULIAN CT | 2025-06 | $480,000 | 1,792 | 52.4% |
| 14 EAGLE RIDGE LANE | 2025-03 | $700,000 | 1,957 | 46.8% |
| 269 NORTH STREET | 2026-01 | $317,000 | 1,800 | 80.4% |
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