The Fair Share Report
24669 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 $396,671 – $479,146, 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 $465,505 home should be assessed near $264,034.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $23,834 below what the ratio math suggests (9.0%).
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%
A touch high — worth watching
This home's ratio sits above most of Mansfield, but doesn't clear NJ's legal appeal line (65.23%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 24633 EAST MAIN STREET | 2025-03 | $345,000 | 1,976 | 48.0% |
| 175 ATLANTIC AVENUE | 2026-02 | $315,000 | 1,980 | 37.3% |
| 32 FITZGERALD LANE | 2025-07 | $465,000 | 1,840 | 47.9% |
| 24 ELLINGTON DRIVE | 2025-09 | $405,000 | 1,840 | 53.6% |
| 49 CHAMBER LANE | 2026-01 | $397,000 | 1,840 | 54.7% |
| 11 ASHFORD COURT | 2025-03 | $480,000 | 1,852 | 49.8% |
| 40 VANDEVERE LANE | 2025-02 | $440,000 | 1,840 | 51.9% |
| 60 VANDEVERE LANE | 2025-02 | $470,000 | 1,844 | 46.3% |
| 87 CHAMBER LANE | 2025-11 | $480,000 | 1,702 | 43.6% |
| 14 HARRINGTON DRIVE | 2025-02 | $515,000 | 1,974 | 45.2% |
| 80 VANDEVERE LANE | 2025-11 | $450,000 | 1,748 | 47.8% |
| 21 WILLOWWOOD COURT | 2025-07 | $415,000 | 1,854 | 44.7% |
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