The Fair Share Report

29 Maple Ave

Netcong, NJ 07857

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

≈ $466,083

Likely range $425,530 – $544,367, from 12 comparable Netcong sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

69.53%

The state's official measure of how far Netcong assessments sit below market value — republished every October, applied town-wide. A $466,083 home should be assessed near $324,068.

Step 3 · Assessed value

$258,400

Set at the last town-wide revaluation and mostly frozen since. That's $65,668 below what the ratio math suggests (20.3%).

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

$3.447 per $100 assessed

$2.168 Schools · 63% $0.290 County · 8% $0.989 Town · 29%

Step 5 · The bill

$8,907/yr
Public schools$5,602
Morris County$749
Town of Netcong$2,556
Netcong average$9,163

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

Town median 54.9%
This home · 55.4%

40%85%

Paying about right

This home's ratio lands inside Netcong'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
97-99 ALLEN ST2025-02$502,0001,52051.8%
81 STOLL ST2025-11$450,0001,56753.5%
33 LEDGEWOOD AVE2025-01$375,0001,34453.2%
98 MAIN ST2025-12$525,0001,42242.9%
45 STOLL ST2025-09$485,0001,68053.7%
REAR COLLEGE RD2025-05$375,0001,53660.1%
26 MAPLE AVE2026-02$335,0001,45269.4%
31 DELL AVE2025-08$520,0001,73653.5%
49 ALLEN ST2026-06$442,5001,38457.3%
33 DELL AVE2025-01$375,0001,75080.9%
28 HILLSIDE AVE2026-06$500,0001,44048.0%
23 LEDGEWOOD AVE2025-12$550,0001,83744.9%

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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 →