The Fair Share Report
304 Float Ave
Stafford, NJ 08050
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 $589,735 – $1,028,704, from 12 comparable Stafford sales in the past 18 months, at this home's 2,222 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Stafford assessments sit below market value — republished every October, applied town-wide. A $648,128 home should be assessed near $336,054.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $150,746 above what the ratio math suggests (44.9%).
Step 4 · The tax rate — same for every Stafford home
$1.048 Schools · 40% $0.603 County · 23% $0.972 Town · 37%
This home's own bill implies $1.313 per $100 — well off the general rate. That usually means the town revalued since the last bill.
Step 5 · The bill
This home vs. every recent Stafford sale · assessed ÷ market
42%114%
Keep quiet and enjoy it
This home's assessment ratio sits below the Stafford 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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 174 RUTGERS AVENUE | 2025-03 | $590,000 | 2,223 | 90.1% |
| 1611 MILL CREEK ROAD | 2026-01 | $1,100,000 | 2,220 | 99.8% |
| 303 SOUTH LAKESHORE DRIVE | 2026-02 | $600,000 | 2,057 | 75.4% |
| 190 RUTGERS AVENUE | 2025-04 | $580,000 | 2,112 | 91.6% |
| 215 MORRIS BLVD | 2025-05 | $1,250,000 | 2,006 | 88.8% |
| 121 PATTIEJOE LANE | 2025-05 | $860,000 | 2,298 | 114.1% |
| 118 NORTH LAKESHORE DRIVE | 2026-03 | $625,000 | 2,526 | 100.5% |
| 1066 DRIFTWOOD AVENUE | 2025-06 | $652,000 | 1,944 | 84.8% |
| 592 SHARK LANE | 2025-05 | $627,000 | 2,256 | 90.0% |
| 772 JANE DRIVE | 2026-03 | $625,000 | 2,080 | 83.3% |
| 1015 BARNACLE DRIVE | 2026-02 | $415,000 | 1,920 | 101.9% |
| 8 MURIEL DRIVE | 2025-06 | $1,200,000 | 2,252 | 98.1% |
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