The Fair Share Report
242 Forge Rd
Eagleswood, NJ 08092
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 $963,149 – $1,221,644, from 6 comparable Eagleswood 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 Eagleswood assessments sit below market value — republished every October, applied town-wide. A $1,078,682 home should be assessed near $634,804.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $83,404 below what the ratio math suggests (13.1%).
Step 4 · The tax rate — same for every Eagleswood home
$2.013 Schools · 67% $0.497 County · 17% $0.476 Town · 16%
Step 5 · The bill
This home vs. every recent Eagleswood sale · assessed ÷ market
36%91%
Paying about right
This home's ratio lands inside Eagleswood's normal band. The drift hasn't singled it out — no case for a tax appeal.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 109 LAUREL HILL LANE | 2025-06 | $760,000 | 2,640 | 42.6% |
| 630 BAYVIEW DR | 2026-04 | $900,000 | 2,712 | 60.6% |
| 159 SPRAGUE AVE. | 2025-12 | $930,000 | 3,504 | 53.5% |
| 163 SPRAGUE AVE. | 2025-11 | $999,000 | 3,119 | 47.7% |
| 199 COX AVENUE | 2025-09 | $499,000 | 3,786 | 68.3% |
| 6 EAGLE RIDGE LANE | 2026-01 | $700,000 | 2,675 | 50.9% |
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