The Fair Share Report
24539 E Main St
Mansfield, NJ 08022
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 $405,052 – $469,318, from 12 comparable Mansfield 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 Mansfield assessments sit below market value — republished every October, applied town-wide. A $440,990 home should be assessed near $250,130.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $31,830 below what the ratio math suggests (12.7%).
Step 4 · The tax rate — same for every Mansfield home
$2.211 Schools · 69% $0.502 County · 16% $0.509 Town · 16%
Step 5 · The bill
This home vs. every recent Mansfield sale · assessed ÷ market
32%71%
Paying about right
This home's ratio lands inside Mansfield'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 |
|---|---|---|---|---|
| 87 CHAMBER LANE | 2025-11 | $480,000 | 1,702 | 43.6% |
| 23 FERNWOOD COURT | 2026-03 | $449,000 | 1,692 | 39.2% |
| 30 DEEP HOLLOW LANE NORTH | 2025-08 | $460,000 | 1,692 | 38.3% |
| 105 COUNTRY CIRCLE | 2025-08 | $440,000 | 1,740 | 41.1% |
| 80 VANDEVERE LANE | 2025-11 | $450,000 | 1,748 | 47.8% |
| 89 LANTERN LANE | 2025-10 | $425,000 | 1,763 | 43.1% |
| 26 ANDREA DRIVE | 2026-03 | $510,000 | 1,659 | 39.2% |
| 2374 OLD YORK ROAD | 2026-01 | $575,000 | 1,775 | 45.6% |
| 28034 GAUNTS BRIDGE ROAD | 2026-02 | $365,000 | 1,642 | 69.5% |
| 225 WAGON WHEEL LANE | 2026-05 | $435,000 | 1,635 | 39.1% |
| 21 NEWTON COURT | 2025-02 | $439,900 | 1,626 | 45.5% |
| 49 CHAMBER LANE | 2026-01 | $397,000 | 1,840 | 54.7% |
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