The Fair Share Report
3 Wayne Dr
Mansfield, NJ 08022
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.
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Step 1 · Market value
Likely range $499,965 – $721,931, from 12 comparable Mansfield 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 Mansfield assessments sit below market value — republished every October, applied town-wide. A $595,963 home should be assessed near $338,030.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $36,230 below what the ratio math suggests (10.7%).
Step 4 · The tax rate — same for every Mansfield home
$2.211 Schools · 69% $0.502 County · 16% $0.509 Town · 16%
Step 5 · The bill
This home vs. every recent Mansfield sale · assessed ÷ market
32%71%
Paying about right
This home's ratio lands inside Mansfield'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 |
|---|---|---|---|---|
| 42 GEORGETOWN ROAD | 2025-09 | $623,000 | 2,021 | 37.8% |
| 2 JUNIPER DRIVE | 2026-02 | $745,000 | 2,294 | 35.9% |
| 26 FITZGERALD LANE | 2025-04 | $525,000 | 2,296 | 49.4% |
| 2375 KINKORA ROAD | 2026-04 | $245,000 | 2,160 | 80.7% |
| 22 CLOVERDALE WAY | 2025-11 | $750,000 | 2,380 | 50.4% |
| 6 DANNY LANE | 2025-01 | $750,000 | 2,435 | 47.4% |
| 59 BARBARY LANE | 2025-06 | $520,000 | 1,968 | 44.6% |
| 28034 GAUNTS BRIDGE ROAD | 2026-02 | $365,000 | 1,642 | 69.5% |
| 3 COUNTRY HOUSE WAY | 2025-10 | $874,000 | 2,563 | 43.8% |
| 38 MANSFIELD ROAD EAST | 2025-01 | $500,000 | 2,784 | 68.5% |
| 59 BIRMINGHAM DRIVE | 2025-10 | $750,000 | 2,622 | 42.5% |
| 35 SOUTH HOCKEY DRIVE | 2025-04 | $770,000 | 3,088 | 53.3% |
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