The Fair Share Report

3 E Jack St

Hazlet, NJ 07730

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

≈ $566,520

Likely range $531,632 – $659,122, from 12 comparable Hazlet sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

89.47%

The state's official measure of how far Hazlet assessments sit below market value — republished every October, applied town-wide. A $566,520 home should be assessed near $506,865.

Step 3 · Assessed value

$576,500

Set at the last town-wide revaluation and mostly frozen since. That's $69,635 above what the ratio math suggests (13.7%).

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

$1.932 per $100 assessed

$1.274 Schools · 66% $0.222 County · 11% $0.436 Town · 23%

This home's own bill implies $1.803 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$10,395/yr
Public schools$6,854
Monmouth County$1,194
Town of Hazlet$2,346
Hazlet average$9,998

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

Town median 95.6%
This home · 101.8%

77%117%

Paying about right

This home's ratio lands inside Hazlet'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
12 FAIRVIEW LANE2026-05$620,0001,49192.9%
59 HOLLY AVENUE2026-06$562,0001,50488.9%
5 BARRIER DRIVE2026-06$640,0001,47690.8%
11 POPLAR AVENUE2026-04$460,0001,49899.0%
6 BROOKLAWN DRIVE2025-01$560,0001,595101.4%
17 DUBLIN LANE2026-05$705,0001,54087.5%
10 PACIFIC TERRACE2025-04$445,0001,497118.4%
6 LILLIAN DRIVE2025-04$585,0001,646104.3%
21 OREGON AVENUE2026-01$620,0001,649103.7%
46 PARK VIEW DRIVE2026-03$500,0001,368108.4%
3 CORNELL DRIVE2026-05$676,5001,38082.5%
21 HEMLOCK STREET2026-01$615,0001,531100.3%

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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 →