The Fair Share Report

290 Mansfield Rd E

Mansfield, NJ 08022

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

≈ $412,710

Likely range $379,556 – $442,711, from 12 comparable Mansfield sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

56.72%

The state's official measure of how far Mansfield assessments sit below market value — republished every October, applied town-wide. A $412,710 home should be assessed near $234,089.

Step 3 · Assessed value

$252,800

Set at the last town-wide revaluation and mostly frozen since. That's $18,711 above what the ratio math suggests (8.0%).

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

$3.221 per $100 assessed

$2.211 Schools · 69% $0.502 County · 16% $0.509 Town · 16%

This home's own bill implies $3.123 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$7,895/yr
Public schools$5,418
Burlington County$1,230
Town of Mansfield$1,247
Mansfield average$8,256

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

Town median 44.2%
This home · 61.3%

32%72%

A touch high — worth watching

This home's ratio sits above most of Mansfield, but doesn't clear NJ's legal appeal line (65.23%).

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

AddressSoldPriceSq ftRatio
12 CANDLELIGHT CIRCLE2026-04$395,0001,45640.6%
4 FIRESIDE CIRCLE2025-05$280,0001,44857.9%
89 HORSESHOE LANE SOUTH2026-02$380,0001,50842.5%
2374 OLD YORK ROAD2026-01$575,0001,77545.6%
225 WAGON WHEEL LANE2026-05$435,0001,63539.1%
48 SUNSET LANE2026-05$430,0001,52437.9%
62 DEEP HOLLOW LANE NORTH2025-09$385,0001,33638.9%
90 WAGON WHEEL LANE2026-03$410,0001,51339.7%
306 HILLTOP LANE EAST2026-05$347,0001,31239.2%
30 HILLTOP LANE WEST2025-10$355,0001,31240.5%
14 COVERED BRIDGE CIRCLE2026-04$430,0001,40336.5%
28034 GAUNTS BRIDGE ROAD2026-02$365,0001,64269.5%

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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 →