The Fair Share Report
22 Spring Rd
Jefferson, NJ 07849
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 $390,489 – $475,639, from 12 comparable Jefferson 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 Jefferson assessments sit below market value — republished every October, applied town-wide. A $429,477 home should be assessed near $299,431.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $106,331 below what the ratio math suggests (35.5%).
Step 4 · The tax rate — same for every Jefferson home
$1.809 Schools · 60% $0.295 County · 10% $0.899 Town · 30%
Step 5 · The bill
This home vs. every recent Jefferson sale · assessed ÷ market
35%86%
Keep quiet and enjoy it
This home's assessment ratio sits below the Jefferson pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 152 PENNSYLVANIA AVE | 2025-11 | $455,000 | 1,104 | 51.7% |
| 16 VENETIAN DR | 2025-04 | $425,000 | 1,088 | 68.6% |
| 8 PEQUOT TRL | 2026-02 | $535,000 | 1,096 | 61.6% |
| 82 E SHAWNEE TRL | 2025-10 | $540,000 | 1,040 | 47.5% |
| 7 BEAVER PT TRL | 2025-11 | $480,000 | 1,098 | 53.7% |
| 20 N NEW JERSEY AVE | 2025-08 | $415,000 | 1,032 | 72.2% |
| 49 NEW YORK AVE | 2026-04 | $500,000 | 1,152 | 47.4% |
| 131 S MARYLAND AVE | 2025-12 | $440,000 | 1,242 | 54.2% |
| 19 MARINE TER | 2025-07 | $420,000 | 914 | 53.0% |
| 5504 BERKSHIRE VALLEY RD | 2026-03 | $370,000 | 1,278 | 60.5% |
| 41 HIGH VIEW TRL | 2025-09 | $389,000 | 1,228 | 60.4% |
| 9 MILLBURN DR | 2025-11 | $410,000 | 1,190 | 51.0% |
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