The Fair Share Report
3 Learn Rd
Knowlton, NJ 07832
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 $364,799 – $481,822, from 12 comparable Knowlton sales in the past 18 months, at this home's 1,502 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Knowlton assessments sit below market value — republished every October, applied town-wide. A $437,646 home should be assessed near $220,005.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $54,105 below what the ratio math suggests (24.6%).
Step 4 · The tax rate — same for every Knowlton home
$2.742 Schools · 64% $1.030 County · 24% $0.499 Town · 12%
Step 5 · The bill
This home vs. every recent Knowlton sale · assessed ÷ market
29%63%
Paying about right
This home's ratio lands inside Knowlton'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 |
|---|---|---|---|---|
| 22 N RIVERVIEW AVE | 2025-12 | $467,200 | 1,502 | 40.3% |
| 148 VAIL RD | 2025-12 | $375,000 | 1,544 | 35.7% |
| 5 PINE TREE LA | 2025-08 | $375,000 | 1,169 | 36.1% |
| 7 NORTH TERRACE RD | 2025-11 | $405,000 | 1,260 | 32.8% |
| 5 NORTH TERRACE RD | 2025-11 | $355,000 | 1,808 | 46.9% |
| 31 RTE 46 | 2025-09 | $400,000 | 1,322 | 37.4% |
| 171 KNOWLTON RD | 2025-03 | $380,000 | 1,942 | 48.3% |
| 55 DELAWARE RD | 2025-11 | $505,000 | 1,450 | 37.7% |
| 119 VAIL RD | 2025-04 | $460,000 | 1,896 | 46.4% |
| 13 SUSQUEHANNA LA | 2025-12 | $475,000 | 1,772 | 37.9% |
| 44 WALNUT RD | 2026-04 | $500,000 | 1,716 | 35.7% |
| 31 HEMLOCK RD | 2025-11 | $490,000 | 1,350 | 38.1% |
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