The Fair Share Report
3 Ruby Dr
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 $285,195 – $361,928, 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 $319,461 home should be assessed near $222,728.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $40,528 below what the ratio math suggests (18.2%).
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
43%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 |
|---|---|---|---|---|
| 14 LAUREL DR | 2025-01 | $360,000 | 780 | 44.8% |
| 125 WILDWOOD RD | 2025-05 | $500,000 | 777 | 45.0% |
| 3 MEADOW LN | 2025-01 | $289,000 | 735 | 63.8% |
| 1 SISCO LN | 2025-10 | $360,000 | 788 | 65.2% |
| 142 SCHWARZ BLVD | 2025-03 | $380,000 | 800 | 63.2% |
| 45 W SHAWNEE TRL | 2026-03 | $165,000 | 704 | 92.5% |
| 94 WILDWOOD RD | 2025-06 | $370,000 | 745 | 44.1% |
| 7 SHAWNEE PKWY | 2025-01 | $337,900 | 788 | 56.0% |
| 58 RACCOON ISLAND RD | 2025-10 | $560,000 | 800 | 49.2% |
| 13 COVE RD | 2025-05 | $296,000 | 756 | 50.0% |
| 29 MOQUIS TRL | 2025-07 | $310,000 | 880 | 70.5% |
| 23 OLD WOODLAND TRL | 2026-06 | $370,000 | 918 | 45.1% |
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