The Fair Share Report
29 Ward Ave
Rumson, NJ 07760
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 2 · The Director's Ratio
The state's official measure of how far Rumson assessments sit below market value — republished every October, applied town-wide.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since.
Step 4 · The tax rate — same for every Rumson home
$0.594 Schools · 57% $0.210 County · 20% $0.245 Town · 23%
This home's own bill implies $0.913 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
The record, in full
Not enough closely-comparable recent sales in Rumson for a fairness verdict — the town's current median assessment ratio is 97.5%.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 15 N WARD AVENUE | 2026-04 | $8,500,000 | — | 57.0% |
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