The Fair Share Report
3 Allocco Dr
Holmdel, NJ 07733
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 $612,889 – $748,644, from 12 comparable Holmdel sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Holmdel assessments sit below market value — republished every October, applied town-wide. A $671,577 home should be assessed near $669,831.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $190,169 above what the ratio math suggests (28.4%).
Step 4 · The tax rate — same for every Holmdel home
$1.063 Schools · 69% $0.207 County · 13% $0.268 Town · 17%
This home's own bill implies $1.390 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Holmdel sale · assessed ÷ market
84%146%
Looks meaningfully over-assessed
Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (100.00%) — roughly $2,925/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 5 ROBIN RD | 2025-01 | $600,000 | 1,507 | 124.2% |
| 2 ORCHARD AVENUE EAST | 2026-02 | $749,900 | 1,693 | 82.5% |
| 1 FLORA DR | 2026-03 | $980,000 | 1,858 | 89.6% |
| 1 GALES CT | 2025-04 | $854,000 | 2,116 | 97.0% |
| 11 MOUNT DRIVE | 2026-06 | $1,200,000 | 2,304 | 89.7% |
| 9 KNOLLWOOD ROAD | 2026-03 | $790,000 | 1,904 | 94.6% |
| 4 ROSEDALE TER | 2026-06 | $875,000 | 2,316 | 100.6% |
| 8 DONNER ST | 2025-05 | $850,000 | 2,275 | 110.3% |
| 6 HOMESTEAD PL | 2025-01 | $625,000 | 1,500 | 106.0% |
| 6 DEERCREST DR | 2025-01 | $989,900 | 2,334 | 92.3% |
| 8 BRENTWOOD ROAD | 2025-03 | $729,000 | 1,500 | 92.1% |
| 38 BRISTEL RD. | 2025-05 | $628,000 | 1,716 | 90.8% |
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