The Fair Share Report

27 Maple St

Helmetta, NJ 08828

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

≈ $365,085

Likely range $336,863 – $410,485, from 12 comparable Helmetta sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

55.50%

The state's official measure of how far Helmetta assessments sit below market value — republished every October, applied town-wide. A $365,085 home should be assessed near $202,622.

Step 3 · Assessed value

$254,500

Set at the last town-wide revaluation and mostly frozen since. That's $51,878 above what the ratio math suggests (25.6%).

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

$3.558 per $100 assessed

$2.120 Schools · 60% $0.601 County · 17% $0.836 Town · 24%

This home's own bill implies $3.460 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$8,805/yr
Public schools$5,248
Middlesex County$1,488
Town of Helmetta$2,069
Helmetta average$7,440

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

Town median 46.6%
This home · 69.7%

36%81%

A touch high — worth watching

This home's ratio sits above most of Helmetta, but doesn't clear NJ's legal appeal line (63.82%).

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
117 MAIN ST2025-05$250,0001,36895.7%
908 MEADOW CT.2026-01$338,0001,19842.4%
26 NORTH SHORE BLVD2025-12$367,00089660.2%
23 OLD FORGE ROAD2026-03$311,2501,29666.1%
45 LAKE AVE2025-09$400,0001,65658.6%
1 WASHINGTON AVE.2025-11$427,0001,05646.6%
1305 STONERIDGE CIR.2026-05$360,0001,19839.8%
312 RAINTREE CT.2026-04$332,0001,19843.2%
1109 STONERIDGE CIR.2025-11$315,0001,19845.5%
303 RAINTREE CT.2025-09$356,0001,19842.4%
907 MEADOW COURT2025-08$318,5001,19845.0%
2701 RIDGEFIELD CT.2025-08$365,0001,19843.2%

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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 →