The Fair Share Report
3 Highview Rd
Fredon, NJ 07860
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 $533,395 – $656,361, from 12 comparable Fredon 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 Fredon assessments sit below market value — republished every October, applied town-wide. A $631,767 home should be assessed near $414,250.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $17,950 below what the ratio math suggests (4.3%).
Step 4 · The tax rate — same for every Fredon home
$2.081 Schools · 66% $0.595 County · 19% $0.483 Town · 15%
Step 5 · The bill
This home vs. every recent Fredon sale · assessed ÷ market
45%81%
Paying about right
This home's ratio lands inside Fredon's normal band. The drift hasn't singled it out — no case for a tax appeal.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 4 TROON DR | 2025-10 | $475,000 | 2,574 | 64.8% |
| 12 SEMINOLE CT | 2025-10 | $490,000 | 2,574 | 63.3% |
| 22 TROON DR | 2025-07 | $585,816 | 2,574 | 60.3% |
| 13 SEMINOLE CT | 2025-10 | $535,000 | 2,574 | 65.8% |
| 3 SPYGLASS HILL | 2025-07 | $700,000 | 3,170 | 58.7% |
| 16 LONG HILL RD | 2025-07 | $715,000 | 3,130 | 59.8% |
| 32 PLAYERS BLVD | 2025-10 | $725,000 | 2,618 | 59.4% |
| 470 RIDGE RD | 2025-01 | $510,000 | 2,246 | 58.5% |
| 5 AUGUSTA CT | 2026-01 | $648,000 | 3,508 | 63.7% |
| 11 BETONY CT | 2026-01 | $742,950 | 2,364 | 54.7% |
| 20 SCENIC DR | 2025-07 | $715,000 | 2,389 | 52.6% |
| 5 SCENIC DR | 2026-01 | $375,000 | 1,908 | 81.2% |
Is this your house?
Run your own report →