The Fair Share Report
27 E Main St
Flemington, NJ 08822
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 $567,465 – $722,529, from 7 comparable Flemington sales in the past 18 months, at this home's 2,476 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Flemington assessments sit below market value — republished every October, applied town-wide. A $580,880 home should be assessed near $583,145.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $146,845 below what the ratio math suggests (25.2%).
Step 4 · The tax rate — same for every Flemington home
$1.345 Schools · 49% $0.308 County · 11% $1.081 Town · 40%
This home's own bill implies $2.568 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Flemington sale · assessed ÷ market
55%110%
Keep quiet and enjoy it
This home's assessment ratio sits below the Flemington 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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 52 PARK AVE | 2026-04 | $720,000 | 3,069 | 81.1% |
| 18 MAPLE AVE | 2025-02 | $490,000 | 2,138 | 104.5% |
| 25 MINE ST | 2026-01 | $580,000 | 2,992 | 97.4% |
| 8 VILLAGE COURT | 2026-03 | $565,500 | 1,800 | 86.4% |
| 44 MAPLE AVE | 2026-06 | $515,000 | 1,328 | 81.6% |
| 5 WILLIAM MARTIN WAY | 2026-01 | $460,000 | 1,816 | 89.7% |
| 1 WALTERS LANE | 2026-03 | $499,000 | 1,710 | 83.5% |
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