The Fair Share Report
3 Opal Rd
Jefferson, NJ 07438
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 $328,478 – $452,050, from 12 comparable Jefferson 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 Jefferson assessments sit below market value — republished every October, applied town-wide. A $431,411 home should be assessed near $300,780.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $89,280 below what the ratio math suggests (29.7%).
Step 4 · The tax rate — same for every Jefferson home
$1.809 Schools · 60% $0.295 County · 10% $0.899 Town · 30%
Step 5 · The bill
This home vs. every recent Jefferson sale · assessed ÷ market
41%86%
Paying about right
This home's ratio lands inside Jefferson'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 |
|---|---|---|---|---|
| 49 NEW YORK AVE | 2026-04 | $500,000 | 1,152 | 47.4% |
| 131 S MARYLAND AVE | 2025-12 | $440,000 | 1,242 | 54.2% |
| 301 ESPANONG RD | 2025-05 | $352,000 | 1,264 | 62.7% |
| 41 HIGH VIEW TRL | 2025-09 | $389,000 | 1,228 | 60.4% |
| 5504 BERKSHIRE VALLEY RD | 2026-03 | $370,000 | 1,278 | 60.5% |
| 152 PENNSYLVANIA AVE | 2025-11 | $455,000 | 1,104 | 51.7% |
| 9 MILLBURN DR | 2025-11 | $410,000 | 1,190 | 51.0% |
| 134 E SHAWNEE TRL | 2025-11 | $360,000 | 1,248 | 62.4% |
| 5453 BERKSHIRE VALLEY RD | 2026-05 | $471,000 | 1,274 | 55.5% |
| 6 ORCHARD RD | 2025-10 | $420,000 | 1,092 | 57.2% |
| 55 LYONS RD | 2026-01 | $450,000 | 1,207 | 62.7% |
| 12 ELK DR | 2025-11 | $409,000 | 1,128 | 63.5% |
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