The Fair Share Report
22 E Main St
Flemington, NJ 07450
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $616,052 – $680,881, from 6 comparable Flemington sales in the past 18 months, at this home's 2,688 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Flemington assessments sit below market value — republished every October, applied town-wide. A $630,616 home should be assessed near $633,075.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $94,675 below what the ratio math suggests (15.0%).
Step 4 · The tax rate — same for every Flemington home
$1.345 Schools · 49% $0.308 County · 11% $1.081 Town · 40%
This home's own bill implies $1.311 per $100 — well off the general rate. That usually means the town revalued since the last bill.
Step 5 · The bill
This home vs. every recent Flemington sale · assessed ÷ market
74%110%
Paying about right
This home's ratio lands inside Flemington'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 |
|---|---|---|---|---|
| 52 PARK AVE | 2026-04 | $720,000 | 3,069 | 81.1% |
| 25 MINE ST | 2026-01 | $580,000 | 2,992 | 97.4% |
| 18 MAPLE AVE | 2025-02 | $490,000 | 2,138 | 104.5% |
| 44 MAPLE AVE | 2026-06 | $515,000 | 1,328 | 81.6% |
| 8 VILLAGE COURT | 2026-03 | $565,500 | 1,800 | 86.4% |
| 5 WILLIAM MARTIN WAY | 2026-01 | $460,000 | 1,816 | 89.7% |
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