The Fair Share Report
24681 E Main St
Mansfield, NJ 08022
The town adjusts for market price changes once a year — but only based on the average price change of all homes in the area. This report checks whether this house's assessment kept pace.
This home's payments are about right
It sits inside Mansfield's normal range — market price changes haven't singled it out. No case for a tax appeal.
Step 1 · Market value
Likely range $216,407 – $303,358, 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 $268,440 home should be assessed near $152,259.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $46,559 below what the ratio math suggests (30.6%).
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
29%71%
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 15 MEADOWWOOD COURT | 2025-07 | $345,000 | 1,192 | 36.8% |
| 243 WAGON WHEEL LANE | 2026-03 | $375,000 | 1,192 | 34.3% |
| 9 FERNWOOD COURT | 2025-08 | $410,000 | 1,235 | 41.8% |
| 11 FERNWOOD COURT | 2025-08 | $237,000 | 1,192 | 54.5% |
| 304 HILLTOP LANE EAST | 2025-02 | $325,000 | 1,192 | 39.0% |
| 21 MEADOWWOOD COURT | 2025-05 | $325,000 | 898 | 34.6% |
| 211 WAGON WHEEL LANE | 2025-08 | $280,000 | 1,278 | 52.5% |
| 65 LAKE VIEW TERRACE | 2025-09 | $350,000 | 1,192 | 36.5% |
| 123 CHESTNUT HILL LANE | 2025-08 | $345,000 | 1,312 | 38.5% |
| 111 CARRIAGE HILL COURT | 2025-08 | $245,000 | 1,312 | 54.4% |
| 175 ATLANTIC AVENUE | 2026-02 | $315,000 | 1,980 | 37.3% |
| 3 DEEP HOLLOW LANE NORTH | 2026-04 | $375,000 | 1,336 | 39.9% |
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