The Fair Share Report
279 Float Ave
Stafford, NJ 08050
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 $488,292 – $912,974, from 12 comparable Stafford sales in the past 18 months, at this home's 1,800 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Stafford assessments sit below market value — republished every October, applied town-wide. A $603,704 home should be assessed near $313,021.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $112,279 above what the ratio math suggests (35.9%).
Step 4 · The tax rate — same for every Stafford home
$1.048 Schools · 40% $0.603 County · 23% $0.972 Town · 37%
This home's own bill implies $1.296 per $100 — well off the general rate. That usually means the town revalued since the last bill.
Step 5 · The bill
This home vs. every recent Stafford sale · assessed ÷ market
41%114%
Keep quiet and enjoy it
This home's assessment ratio sits below the Stafford 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 |
|---|---|---|---|---|
| 248 MIZZEN AVENUE | 2026-02 | $545,000 | 1,800 | 75.7% |
| 208 TORPEDO ROAD | 2025-02 | $475,000 | 1,751 | 94.3% |
| 179 WILLIAM COOK BLVD | 2026-06 | $899,500 | 1,758 | 83.4% |
| 100 HOPE LANE | 2025-06 | $680,000 | 1,774 | 111.0% |
| 11 MARY JEANNE LANE | 2025-05 | $950,000 | 1,873 | 102.4% |
| 1646 MILL CREEK ROAD | 2026-01 | $700,000 | 1,880 | 113.0% |
| 47 HENRY DRIVE | 2026-05 | $1,100,000 | 1,736 | 88.1% |
| 168 MERMAID DRIVE | 2025-03 | $428,000 | 1,692 | 98.8% |
| 140 MORTON DRIVE | 2025-02 | $735,000 | 1,806 | 97.2% |
| 1015 BARNACLE DRIVE | 2026-02 | $415,000 | 1,920 | 101.9% |
| 1066 DRIFTWOOD AVENUE | 2025-06 | $652,000 | 1,944 | 84.8% |
| 1951 MILL CREEK ROAD | 2026-05 | $1,650,150 | 1,766 | 84.8% |
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