The Fair Share Report

206 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.

Step 1 · Market value

≈ $550,285

Likely range $442,308 – $616,818, 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 $550,285 home should be assessed near $409,302.

Step 3 · Assessed value

$341,700

Set at the last town-wide revaluation and mostly frozen since. That's $67,602 below what the ratio math suggests (16.5%).

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

$11,881/yr
Public schools$7,073
Warren County$2,310
Town of Hackettstown$2,498
Hackettstown average$9,665

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

Town median 58.7%
This home · 62.1%

46%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
802 E PROSPECT ST2026-04$600,0001,93265.9%
5 SEYMOUR TERR2025-11$445,0001,85068.1%
806 E BALDWIN ST2025-11$520,0002,01055.8%
211 SEBER RD2025-06$520,0001,64257.2%
500 E VALLEY VIEW AVE2026-04$570,0001,79562.3%
81 COUNTRYSIDE DR2025-12$508,0001,76660.9%
702 HAMILTON DR2025-10$480,0002,04669.6%
19 SHELLEY DR2025-07$503,0001,63055.3%
3 JAMES CT2025-08$525,0002,41270.0%
309 SECOND ST2025-07$465,0001,38066.8%
306 HURLEY DR2026-05$554,3001,60847.0%
506 WARREN ST2026-01$330,0001,84086.4%

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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 →