The Fair Share Report

247 Fairview Ave

Hampton, NJ 07860

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.

Step 1 · Market value

≈ $330,000

Likely range $298,000 – $365,000, from 12 comparable Hampton sales in the past 18 months.

Step 2 · The Director's Ratio

52.94%

The state's official measure of how far Hampton assessments sit below market value — republished every October, applied town-wide. A $330,000 home should be assessed near $174,702.

Step 3 · Assessed value

$3,600

Set at the last town-wide revaluation and mostly frozen since. That's $171,102 below what the ratio math suggests (97.9%).

Step 4 · The tax rate — same for every Hampton home

$3.494 per $100 assessed

$2.229 Schools · 64% $0.704 County · 20% $0.561 Town · 16%

Step 5 · The bill

$126/yr
Public schools$80
Sussex County$25
Town of Hampton$20
Hampton average$8,187

This home vs. every recent Hampton sale · assessed ÷ market

Town median 48.6%
This home · 1.1%

0%67%

Keep quiet and enjoy it

This home's assessment ratio sits below the Hampton pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
28 PEREGRINE PT2026-04$330,0001,21842.9%
22 PEREGRINE PT2026-01$298,0001,28250.8%
6 PELICAN PT2025-08$305,0001,21845.2%
1 PELICAN PT2026-05$365,0001,56955.6%
44 PEREGRINE PT2025-08$376,0001,56946.2%
13 CARDINAL LN2026-01$305,0001,38354.5%
43 RHEA RUN2026-01$280,0001,14254.1%
44 EAGLE DR2025-06$360,0001,38347.6%
47 RHEA RUN2026-04$369,0001,22243.3%
17 RHEA RUN2025-10$320,0001,22248.6%
4 CARDINAL LN2025-08$345,0001,38350.2%
32 RHEA RUN2026-03$305,0001,38358.7%

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Estimates from public records — NJ MOD-IV assessments, SR1A usable sales, and Treasury/DCA rate tables. Your house has a history. Write the next chapter on Plotline →