The Fair Share Report
22 Maple Ave
Flemington, NJ 08826
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 $334,845 – $429,161, from 9 comparable Flemington sales in the past 18 months (home size estimated from assessor data — range widened).
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 $386,272 home should be assessed near $387,778.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $25,978 below what the ratio math suggests (6.7%).
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 $2.567 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Flemington sale · assessed ÷ market
76%113%
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 |
|---|---|---|---|---|
| 416 GEORGE WILSON BLVD | 2025-05 | $390,000 | 1,360 | 90.4% |
| 4 BROWN ST | 2025-02 | $270,000 | 1,206 | 103.1% |
| 20 BROWN ST | 2025-03 | $360,000 | 978 | 96.6% |
| 32 COPPERMINE VILLAGE | 2025-06 | $460,000 | 1,758 | 83.9% |
| 6 BROWN ST | 2026-03 | $200,000 | 1,120 | 130.8% |
| 1 WALTERS LANE | 2026-03 | $499,000 | 1,710 | 83.5% |
| 5 WILLIAM MARTIN WAY | 2026-01 | $460,000 | 1,816 | 89.7% |
| 44 MAPLE AVE | 2026-06 | $515,000 | 1,328 | 81.6% |
| 20 ALLEN ST | 2025-01 | $362,500 | 1,152 | 97.7% |
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