The Fair Share Report
237 Commodore Rd
Stafford, NJ 08050
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 $510,190 – $617,328, from 12 comparable Stafford 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 Stafford assessments sit below market value — republished every October, applied town-wide. A $565,297 home should be assessed near $293,106.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $295,494 above what the ratio math suggests (100.8%).
Step 4 · The tax rate — same for every Stafford home
$1.048 Schools · 40% $0.603 County · 23% $0.972 Town · 37%
This home's own bill implies $1.329 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 Stafford sale · assessed ÷ market
78%121%
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 $7,751/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 257 WAVE ROAD | 2026-01 | $600,000 | 2,089 | 91.3% |
| 366 MERMAID DRIVE | 2025-03 | $560,000 | 2,168 | 102.3% |
| 268 PULLEY AVENUE | 2025-03 | $515,000 | 2,066 | 96.6% |
| 1034 SAILOR DRIVE | 2025-03 | $580,000 | 2,054 | 90.1% |
| 124 BARRACUDA ROAD | 2025-03 | $760,000 | 2,221 | 85.8% |
| 148 COMPASS ROAD | 2026-04 | $645,000 | 2,205 | 91.8% |
| 148 COMPASS ROAD | 2025-05 | $420,000 | 2,205 | 141.0% |
| 272 CLIPPER ROAD | 2025-01 | $725,000 | 2,238 | 105.9% |
| 205 INLET AVENUE | 2025-05 | $498,000 | 2,092 | 102.0% |
| 9 OCEAN BREEZE COURT | 2025-06 | $530,000 | 1,952 | 90.4% |
| 767 BUCCANEER LANE | 2026-06 | $625,000 | 2,008 | 87.5% |
| 1063 TREASURE AVENUE | 2025-02 | $560,000 | 2,163 | 93.5% |
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