The Fair Share Report

209 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

≈ $436,526

Likely range $295,730 – $494,160, 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 $436,526 home should be assessed near $324,688.

Step 3 · Assessed value

$215,700

Set at the last town-wide revaluation and mostly frozen since. That's $108,988 below what the ratio math suggests (33.6%).

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

$7,500/yr
Public schools$4,465
Warren County$1,458
Town of Hackettstown$1,577
Hackettstown average$9,665

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

Town median 58.7%
This home · 49.4%

38%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
128 COLLEGE VIEW DR2026-06$465,0001,20554.1%
151 COLLEGE VIEW DR2025-11$480,0001,19459.0%
347 WILLOW GROVE ST2025-07$332,5001,37263.9%
117 CAROL DR2025-09$435,0001,40854.8%
411 HURLEY DR2025-05$397,0001,10456.5%
2 LAURIE TERR2026-02$360,0001,38663.5%
605 HIGH ST2025-08$395,0001,04054.9%
105 BROOK DR2025-04$270,0001,08062.7%
108 MANOR DR2025-04$255,0001,51268.2%
128 BROOK DR2025-08$260,0001,08056.3%
425 WILLOW GROVE ST2025-05$427,1251,37249.1%
108 CAROL DR2025-04$494,0001,44455.9%

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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 →