The Fair Share Report
25 Beech St
Byram, NJ 07874
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 $461,350 – $523,231, from 12 comparable Byram sales in the past 18 months, at this home's 1,802 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Byram assessments sit below market value — republished every October, applied town-wide. A $486,188 home should be assessed near $282,572.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $10,728 above what the ratio math suggests (3.8%).
Step 4 · The tax rate — same for every Byram home
$2.312 Schools · 58% $0.673 County · 17% $1.033 Town · 26%
Step 5 · The bill
This home vs. every recent Byram sale · assessed ÷ market
36%72%
A touch high — worth watching
This home's ratio sits above most of Byram, but doesn't clear NJ's legal appeal line (66.84%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 39 SHERWOOD FOREST DR | 2025-01 | $439,000 | 1,786 | 51.2% |
| 3 ROGER DR | 2026-02 | $495,000 | 1,856 | 53.3% |
| 52 RIVER RD | 2026-01 | $485,000 | 1,820 | 51.5% |
| 23 RIVER RD | 2025-06 | $489,000 | 1,910 | 49.2% |
| 62 SHERWOOD FOREST DR | 2025-01 | $452,500 | 1,724 | 49.9% |
| 15 MT HEIGHTS DR | 2025-08 | $483,000 | 1,900 | 56.0% |
| 24 GLEN COVE RD | 2025-03 | $470,000 | 1,742 | 45.9% |
| 3 KNUTE DR | 2025-12 | $485,000 | 1,756 | 52.1% |
| 200 LAKE DR | 2025-04 | $560,000 | 1,458 | 49.9% |
| 22 MT HEIGHTS DR | 2026-04 | $554,000 | 1,660 | 37.7% |
| 22 MT HEIGHTS DR | 2025-06 | $482,000 | 1,660 | 43.3% |
| 34 BROOKWOOD DR | 2025-09 | $410,000 | 1,456 | 49.8% |
Is this your house?
Run your own report →