The Fair Share Report

30 Third St

Rumson, NJ 07760

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

≈ $2,034,239

Likely range $1,830,622 – $2,264,342, from 12 comparable Rumson sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

96.70%

The state's official measure of how far Rumson assessments sit below market value — republished every October, applied town-wide. A $2,034,239 home should be assessed near $1,967,109.

Step 3 · Assessed value

$1,140,400

Set at the last town-wide revaluation and mostly frozen since. That's $826,709 below what the ratio math suggests (42.0%).

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

$1.049 per $100 assessed

$0.594 Schools · 57% $0.210 County · 20% $0.245 Town · 23%

This home's own bill implies $0.922 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$10,515/yr
Public schools$5,954
Monmouth County$2,105
Town of Rumson$2,456
Rumson average$23,692

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

Town median 97.5%
This home · 56.1%

45%116%

Keep quiet and enjoy it

This home's assessment ratio sits below the Rumson pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

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

AddressSoldPriceSq ftRatio
45 WASHINGTON ST2025-03$1,935,0002,11395.4%
44 FIRST ST./CR.CHURCH ST2025-05$2,100,0002,21693.3%
86 WASHINGTON ST.2025-05$2,100,0002,38099.0%
86 LAFAYETTE STREET2026-03$1,999,9991,99778.7%
27 CENTER STREET2025-01$1,950,0002,460106.9%
29 ROSALIE AVE.2025-05$2,050,0002,546100.0%
41 FORREST AVE.2026-01$1,925,0002,00090.6%
10 CHURCH ST.2025-04$1,392,0002,280100.0%
105 BLACKPOINT RD2025-05$1,669,0002,068109.3%
26 BINGHAM COURT2026-04$2,500,0002,970113.0%
7 BINGHAM COURT2025-03$3,156,7092,97095.2%
3 BINGHAM COURT2025-03$2,700,0002,970100.9%

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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 →