The Fair Share Report
24873 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 $407,414 – $430,500, 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 $419,835 home should be assessed near $238,130.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $45,030 below what the ratio math suggests (18.9%).
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 |
|---|---|---|---|---|
| 28034 GAUNTS BRIDGE ROAD | 2026-02 | $365,000 | 1,642 | 69.5% |
| 2374 OLD YORK ROAD | 2026-01 | $575,000 | 1,775 | 45.6% |
| 7 WILLOWWOOD COURT | 2025-10 | $410,000 | 1,560 | 46.0% |
| 103 CARRIAGE HILL COURT | 2026-04 | $415,000 | 1,526 | 45.7% |
| 12 DEEP HOLLOW LANE NORTH | 2025-04 | $415,000 | 1,536 | 42.5% |
| 225 WAGON WHEEL LANE | 2026-05 | $435,000 | 1,635 | 39.1% |
| 12 CANDLELIGHT CIRCLE | 2026-04 | $395,000 | 1,456 | 40.6% |
| 104 LAKE VIEW COURT | 2025-08 | $415,000 | 1,456 | 42.2% |
| 4 FIRESIDE CIRCLE | 2025-05 | $280,000 | 1,448 | 57.9% |
| 11 COVERED BRIDGE CIRCLE | 2026-03 | $417,000 | 1,513 | 38.8% |
| 2 WINDMILL COURT | 2026-04 | $336,500 | 1,415 | 47.1% |
| 23 FERNWOOD COURT | 2026-03 | $449,000 | 1,692 | 39.2% |
Is this your house?
Run your own report →