The Fair Share Report

304 Sharp St

Hackettstown, NJ 07840

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

≈ $613,610

Likely range $529,985 – $627,757, from 12 comparable Hackettstown sales in the past 18 months, at this home's 2,630 sq ft.

Step 2 · The Director's Ratio

74.38%

The state's official measure of how far Hackettstown assessments sit below market value — republished every October, applied town-wide. A $613,610 home should be assessed near $456,403.

Step 3 · Assessed value

$376,200

Set at the last town-wide revaluation and mostly frozen since. That's $80,203 below what the ratio math suggests (17.6%).

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

$3.477 per $100 assessed

$2.070 Schools · 60% $0.676 County · 19% $0.731 Town · 21%

Step 5 · The bill

$13,080/yr
Public schools$7,787
Warren County$2,543
Town of Hackettstown$2,750
Hackettstown average$9,665

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

Town median 58.7%
This home · 61.3%

46%91%

Paying about right

This home's ratio lands inside Hackettstown's normal band. The drift hasn't singled it out — no case for a tax appeal.

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

AddressSoldPriceSq ftRatio
205 WARREN ST2026-01$411,0002,46472.8%
510 CENTER ST2025-12$720,0003,08656.0%
646 WASHINGTON ST2025-04$430,0002,85864.0%
310 W MOORE ST2025-06$550,0002,32564.6%
412 W PLANE ST2026-01$600,0002,84960.6%
508 HAMILTON DR2026-01$571,5002,37262.5%
234 PARK AVE2025-02$550,0002,64053.6%
3 JAMES CT2025-08$525,0002,41270.0%
50 SCENIC CT2025-03$631,8002,49759.4%
702 HAMILTON DR2025-10$480,0002,04669.6%
104 HARVEY ST2026-05$399,0001,98056.4%
602 E BALDWIN ST2025-06$496,0002,07865.4%

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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 →