The Fair Share Report

24 Appleton 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

≈ $494,248

Likely range $435,131 – $553,174, 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 $494,248 home should be assessed near $442,204.

Step 3 · Assessed value

$505,600

Set at the last town-wide revaluation and mostly frozen since. That's $63,396 above what the ratio math suggests (14.3%).

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 $1.739 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$8,795/yr
Public schools$5,799
Monmouth County$1,011
Town of Hazlet$1,985
Hazlet average$9,998

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

Town median 95.6%
This home · 102.3%

77%122%

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
102 STONE ROAD2026-04$450,0001,20098.4%
42 PARK VIEW DRIVE2026-05$565,0001,228102.4%
4 CLARK DRIVE2026-03$490,0001,222112.1%
267 MIDDLE ROAD2025-05$526,0001,17694.7%
1 MONTEREY DRIVE2025-05$490,0001,289105.1%
28 NEVADA DRIVE2026-02$450,0001,320111.2%
8 LYNN BOULEVARD2026-01$489,0001,126110.0%
18 CEDAR AVENUE2026-05$562,5001,28993.0%
93 HAZLET AVENUE2025-05$400,0001,326111.1%
10 GIBSON DRIVE2025-05$555,0001,334100.4%
8 BROOKLAWN DRIVE2025-04$547,9001,348100.8%
19 WOODY TERRACE2026-02$490,0001,34494.1%

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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 →