The Fair Share Report

28 Mitchell Rd

Mansfield, NJ 07863

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

≈ $326,968

Likely range $314,798 – $464,228, from 12 comparable Mansfield sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

59.32%

The state's official measure of how far Mansfield assessments sit below market value — republished every October, applied town-wide. A $326,968 home should be assessed near $193,957.

Step 3 · Assessed value

$183,900

Set at the last town-wide revaluation and mostly frozen since. That's $10,057 below what the ratio math suggests (5.2%).

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

$3.563 per $100 assessed

$2.066 Schools · 58% $0.800 County · 22% $0.696 Town · 20%

Step 5 · The bill

$6,552/yr
Public schools$3,800
Warren County$1,472
Town of Mansfield$1,280
Mansfield average$8,672

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

Town median 47.8%
This home · 56.2%

33%75%

Paying about right

This home's ratio lands inside Mansfield'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
343 JANE CHAPEL ROAD2025-03$500,0001,30035.1%
70 CHERRY TREE BEND ROAD2025-12$400,0001,41353.0%
160 CYNTHIA DRIVE2026-05$332,5001,24036.3%
226 RIVA DRIVE2026-05$310,0001,24040.7%
265 RIVA DRIVE2026-04$318,0001,24038.5%
108 MARILYN DRIVE2026-04$315,0001,24038.4%
132 CYNTHIA DRIVE2026-03$221,4501,24052.3%
125 RIVA DRIVE2026-03$236,0001,24054.4%
135 CYNTHIA DRIVE2025-12$320,0001,24036.2%
1337 ROUTE 572025-09$333,0001,07645.1%
168 PORT MURRAY ROAD2026-03$400,0001,10941.6%
23 SLOPE DRIVE2025-10$450,0001,28439.2%

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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 →