The Fair Share Report

216 Sharp 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

≈ $389,675

Likely range $350,811 – $430,602, from 12 comparable Hackettstown sales in the past 18 months, at this home's 1,431 sq ft.

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 $389,675 home should be assessed near $289,840.

Step 3 · Assessed value

$254,300

Set at the last town-wide revaluation and mostly frozen since. That's $35,540 below what the ratio math suggests (12.3%).

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

$8,842/yr
Public schools$5,264
Warren County$1,719
Town of Hackettstown$1,859
Hackettstown average$9,665

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

Town median 58.7%
This home · 65.3%

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
138 E PROSPECT ST2025-11$415,0001,52459.0%
210 W PROSPECT ST2025-08$430,0001,42957.2%
511 MONROE ST2025-09$425,0001,59668.0%
315 SHARP ST2025-05$449,0001,63054.6%
310 WARREN ST2025-07$335,0001,65870.8%
41 N MAIN ST2025-11$290,0001,26279.3%
302 GRAND AVE2026-02$455,0001,85663.9%
516 MONROE ST2026-05$500,0001,42850.4%
403 W PLANE ST2025-12$400,0001,44964.5%
425 WILLOW GROVE ST2025-05$427,1251,37249.1%
201 WILLOW GROVE ST2026-01$405,0001,51661.1%
117 CAROL DR2025-09$435,0001,40854.8%

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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 →