The Fair Share Report
244 Float Ave
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 $394,935 – $470,628, from 12 comparable Stafford sales in the past 18 months, at this home's 1,232 sq ft.
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 $432,449 home should be assessed near $224,225.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $187,175 above what the ratio math suggests (83.5%).
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 $1.271 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%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 $4,910/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 101 TOPSAIL LANE | 2026-01 | $494,000 | 1,248 | 92.8% |
| 224 STORMY ROAD | 2025-03 | $488,000 | 1,209 | 87.1% |
| 1210 RIPPLE AVENUE | 2025-06 | $456,725 | 1,204 | 86.5% |
| 99 DEERFIELD DRIVE | 2025-05 | $390,000 | 1,237 | 79.6% |
| 76 SUMMERHILL DRIVE | 2026-06 | $397,500 | 1,240 | 81.7% |
| 372 NAUTILUS DRIVE | 2026-05 | $525,000 | 1,296 | 91.0% |
| 60 LIGHTHOUSE DRIVE | 2025-03 | $450,000 | 1,178 | 91.6% |
| 1133 BARNACLE DRIVE | 2025-04 | $475,000 | 1,290 | 88.4% |
| 1156 FATHOM AVENUE | 2025-06 | $400,000 | 1,312 | 94.5% |
| 160 GUNWALE ROAD | 2025-05 | $450,000 | 1,282 | 94.5% |
| 133 LONGWOOD DRIVE | 2025-06 | $379,000 | 1,171 | 82.0% |
| 1174 STEAMER AVENUE | 2026-03 | $445,000 | 1,296 | 90.8% |
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