The Fair Share Report

2652 Rt 206

Springfield, NJ 08060

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

≈ $418,221

Likely range $351,900 – $458,385, from 12 comparable Springfield sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

57.52%

The state's official measure of how far Springfield assessments sit below market value — republished every October, applied town-wide. A $418,221 home should be assessed near $240,561.

Step 3 · Assessed value

$175,700

Set at the last town-wide revaluation and mostly frozen since. That's $64,861 below what the ratio math suggests (27.0%).

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

$3.372 per $100 assessed

$1.943 Schools · 58% $0.554 County · 16% $0.874 Town · 26%

Step 5 · The bill

$5,925/yr
Public schools$3,415
Burlington County$974
Town of Springfield$1,536
Springfield average$9,414

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

Town median 48.5%
This home · 42.0%

33%96%

Paying about right

This home's ratio lands inside Springfield'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
34 APPLEGATE ROAD2026-03$415,0001,54649.6%
27719 MT PLEASANT RD2025-07$520,0001,58751.3%
931 JACKS MT HOLLY RD2025-10$369,0001,61135.7%
2707 MONMOUTH ROAD2026-04$458,0001,82639.0%
240 BURRS ROAD2025-07$508,0002,18846.7%
13 WYNWOOD DRIVE2025-12$549,0002,32845.8%
224 WARNER ROAD2025-02$425,0001,17036.0%
137 ACCESS HWY2025-10$563,0001,96047.0%
2149 JACKS JOBSTOWN RD2025-01$372,5001,32649.5%
317 JULIUSTOWN RD2026-04$460,00093645.3%
343 JULIUSTOWN RD2025-03$450,0002,14263.4%
1843 JACKS JOBSTOWN RD2025-11$150,00096090.1%

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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 →