The Fair Share Report

24764 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.

Step 1 · Market value

≈ $482,913

Likely range $426,669 – $518,788, from 12 comparable Mansfield sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

56.72%

The state's official measure of how far Mansfield assessments sit below market value — republished every October, applied town-wide. A $482,913 home should be assessed near $273,908.

Step 3 · Assessed value

$244,300

Set at the last town-wide revaluation and mostly frozen since. That's $29,608 below what the ratio math suggests (10.8%).

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

$3.221 per $100 assessed

$2.211 Schools · 69% $0.502 County · 16% $0.509 Town · 16%

Step 5 · The bill

$7,871/yr
Public schools$5,401
Burlington County$1,226
Town of Mansfield$1,243
Mansfield average$8,256

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

Town median 44.2%
This home · 50.6%

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)

AddressSoldPriceSq ftRatio
24633 EAST MAIN STREET2025-03$345,0001,97648.0%
59 BARBARY LANE2025-06$520,0001,96844.6%
21 WILLOWWOOD COURT2025-07$415,0001,85444.7%
7 VANDEVERE LANE2025-06$470,0002,06050.9%
105 COUNTRY CIRCLE2025-08$440,0001,74041.1%
14 HARRINGTON DRIVE2025-02$515,0001,97445.2%
32 FITZGERALD LANE2025-07$465,0001,84047.9%
2374 OLD YORK ROAD2026-01$575,0001,77545.6%
23 FERNWOOD COURT2026-03$449,0001,69239.2%
43 BARBARY LANE2026-02$530,0002,20447.0%
4 FITZGERALD LANE2025-11$540,0002,20446.1%
11 ASHFORD COURT2025-03$480,0001,85249.8%

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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 →