The Fair Share Report

22 Maple Dr

Hazlet, NJ 07730

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

≈ $534,451

Likely range $471,839 – $678,940, from 12 comparable Hazlet sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

89.47%

The state's official measure of how far Hazlet assessments sit below market value — republished every October, applied town-wide. A $534,451 home should be assessed near $478,173.

Step 3 · Assessed value

$518,700

Set at the last town-wide revaluation and mostly frozen since. That's $40,527 above what the ratio math suggests (8.5%).

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

$1.932 per $100 assessed

$1.274 Schools · 66% $0.222 County · 11% $0.436 Town · 23%

This home's own bill implies $1.762 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$9,139/yr
Public schools$6,026
Monmouth County$1,050
Town of Hazlet$2,062
Hazlet average$9,998

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

Town median 95.6%
This home · 97.1%

71%117%

Paying about right

This home's ratio lands inside Hazlet'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
125 SIXTH STREET2026-02$304,0001,692110.3%
8 NEWMAN STREET2025-03$335,0001,784143.0%
659 HOLMDEL ROAD2026-05$485,0001,765105.7%
557B LLOYD ROAD2026-02$505,0001,72079.2%
3 LARSEN LANE2025-06$640,0002,156106.6%
25 GERALD TERRACE2026-06$630,0001,81894.0%
20 CORNELL DRIVE2026-04$662,0001,76297.0%
4 DEER STREET2025-02$575,0001,886101.3%
8 ASHLEIGH DRIVE2025-01$690,0001,74192.9%
611 SOUTH LAUREL AVENUE2026-05$685,0001,83082.1%
116 HUDSON AVENUE2026-06$540,0001,66384.5%
20 FIFTH STREET2025-03$479,0002,059101.8%

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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 →