The Fair Share Report

306 E Plane 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

≈ $569,964

Likely range $429,594 – $589,789, from 12 comparable Hackettstown sales in the past 18 months (home size estimated from assessor data — range widened).

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 $569,964 home should be assessed near $423,939.

Step 3 · Assessed value

$295,000

Set at the last town-wide revaluation and mostly frozen since. That's $128,939 below what the ratio math suggests (30.4%).

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

$10,257/yr
Public schools$6,106
Warren County$1,994
Town of Hackettstown$2,156
Hackettstown average$9,665

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

Town median 58.7%
This home · 51.8%

45%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
506 WARREN ST2026-01$330,0001,84086.4%
500 E VALLEY VIEW AVE2026-04$570,0001,79562.3%
5 SEYMOUR TERR2025-11$445,0001,85068.1%
802 E PROSPECT ST2026-04$600,0001,93265.9%
81 COUNTRYSIDE DR2025-12$508,0001,76660.9%
306 HURLEY DR2026-05$554,3001,60847.0%
5 VICTOR CT2025-10$520,0001,67051.6%
19 SHELLEY DR2025-07$503,0001,63055.3%
105 COLLEGE VIEW DR2026-05$430,0001,82169.0%
105 PLEASANT VIEW RD2025-08$572,0001,72854.3%
302 GRAND AVE2026-02$455,0001,85663.9%
150 COLLEGE VIEW DR2026-02$590,0001,76249.2%

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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 →