The Fair Share Report
24564 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 $390,349 – $494,323, 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 $434,514 home should be assessed near $246,456.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $61,456 below what the ratio math suggests (24.9%).
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 |
|---|---|---|---|---|
| 2374 OLD YORK ROAD | 2026-01 | $575,000 | 1,775 | 45.6% |
| 89 LANTERN LANE | 2025-10 | $425,000 | 1,763 | 43.1% |
| 30 DEEP HOLLOW LANE NORTH | 2025-08 | $460,000 | 1,692 | 38.3% |
| 60 VANDEVERE LANE | 2025-02 | $470,000 | 1,844 | 46.3% |
| 80 VANDEVERE LANE | 2025-11 | $450,000 | 1,748 | 47.8% |
| 51 COUNTRY LANE | 2025-12 | $398,000 | 1,944 | 48.8% |
| 40 VANDEVERE LANE | 2025-02 | $440,000 | 1,840 | 51.9% |
| 85 WAGON WHEEL LANE | 2025-10 | $455,000 | 1,954 | 43.0% |
| 49 CHAMBER LANE | 2026-01 | $397,000 | 1,840 | 54.7% |
| 21 NEWTON COURT | 2025-02 | $439,900 | 1,626 | 45.5% |
| 39 SUNSET LANE | 2025-06 | $385,000 | 1,594 | 44.3% |
| 24 ELLINGTON DRIVE | 2025-09 | $405,000 | 1,840 | 53.6% |
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