The Fair Share Report

3 Risler St

Stockton, NJ 08559

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

≈ $525,000

Likely range $469,900 – $630,000, from 5 comparable Stockton sales in the past 18 months.

Step 2 · The Director's Ratio

91.24%

The state's official measure of how far Stockton assessments sit below market value — republished every October, applied town-wide. A $525,000 home should be assessed near $479,010.

Step 3 · Assessed value

$527,900

Set at the last town-wide revaluation and mostly frozen since. That's $48,890 above what the ratio math suggests (10.2%).

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

$2.054 per $100 assessed

$1.175 Schools · 57% $0.386 County · 19% $0.493 Town · 24%

Step 5 · The bill

$10,848/yr
Public schools$6,206
Hunterdon County$2,039
Town of Stockton$2,604
Stockton average$9,845

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

Town median 79.6%
This home · 100.6%

67%118%

A touch high — worth watching

This home's ratio sits above most of Stockton, but doesn't clear NJ's legal appeal line (100.00%).

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
2 BROAD STREET2025-12$630,0001,76080.0%
7 N. MAIN STREET2025-10$525,0001,60979.3%
5 FERRY STREET2026-05$535,0001,29671.5%
7 OLD PRALLSVILLE RD2025-05$400,0001,05096.0%
13 S. MAIN STREET2026-06$469,9001,61277.5%

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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 →