The Fair Share Report

21 Third St

Freehold, NJ 08753

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

≈ $333,750

Likely range $290,533 – $413,183, from 12 comparable Freehold sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

94.54%

The state's official measure of how far Freehold assessments sit below market value — republished every October, applied town-wide. A $333,750 home should be assessed near $315,527.

Step 3 · Assessed value

$321,700

Set at the last town-wide revaluation and mostly frozen since. That's $6,173 above what the ratio math suggests (2.0%).

Step 4 · The tax rate — same for every Freehold home

$2.004 per $100 assessed

$1.037 Schools · 52% $0.196 County · 10% $0.771 Town · 38%

This home's own bill implies $1.496 per $100 — well off the general rate. That usually means the town revalued since the last bill.

Step 5 · The bill

$4,812/yr
Public schools$2,490
Monmouth County$471
Town of Freehold$1,851
Freehold average$8,838

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

Town median 97.3%
This home · 96.4%

72%123%

Paying about right

This home's ratio lands inside Freehold'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
87 PARK AVE2026-02$400,00085074.1%
124 COURT ST2025-03$599,99986478.2%
3 LENOIR AVE2026-01$386,0001,036100.0%
82 BANNARD ST2025-05$385,00092497.8%
45 BOND STREET2025-06$430,00086493.2%
12-14 FACTORY STREET2025-05$705,00092069.2%
49 HELEN AVE2026-05$525,00088887.8%
15 AVENUE A2026-04$400,0001,14280.7%
13 CONOVER STREET2026-04$320,000816101.2%
15 FULTON STREET2025-05$520,0001,11292.7%
29 UNION AVENUE2025-06$325,0001,152124.5%
68 WEST GEORGE STREET2026-01$535,0001,153102.4%

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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 →