The Fair Share Report

236 Float Ave

Stafford, NJ 08008

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

≈ $446,939

Likely range $424,064 – $533,287, from 12 comparable Stafford sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

51.85%

The state's official measure of how far Stafford assessments sit below market value — republished every October, applied town-wide. A $446,939 home should be assessed near $231,738.

Step 3 · Assessed value

$404,200

Set at the last town-wide revaluation and mostly frozen since. That's $172,462 above what the ratio math suggests (74.4%).

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

$2.623 per $100 assessed

$1.048 Schools · 40% $0.603 County · 23% $0.972 Town · 37%

This home's own bill implies $1.215 per $100 — well off the general rate. That usually means the town revalued since the last bill.

Step 5 · The bill

$4,910/yr
Public schools$1,962
Ocean County$1,129
Town of Stafford$1,820
Stafford average$7,775

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

Town median 95.4%
This home · 90.4%

70%114%

Looks meaningfully over-assessed

Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (59.63%) — roughly $4,524/yr at stake. NJ appeals are generally due April 1.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
1190 GALLEY AVENUE2025-03$390,0001,42293.5%
1079 HELM AVENUE2026-01$442,5001,43898.2%
157 RODMAN DRIVE2025-01$640,0001,429103.6%
1199 CANAL AVENUE2025-03$370,0001,392100.4%
1165 BARNACLE DRIVE2025-02$402,7501,45694.9%
1108 RUDDER AVENUE2025-04$426,1001,39297.3%
464 MORRIS BLVD2025-02$999,9991,36878.8%
391 LIGHTHOUSE DRIVE2026-05$525,0001,43280.1%
273 PRIVATEER ROAD2026-02$424,9001,35995.2%
491 CORAL LANE2026-05$455,0001,34488.3%
144 RODMAN DRIVE2025-02$560,0001,522132.0%
1090 VESSEL LANE2025-05$464,0001,313102.9%

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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 →