The Fair Share Report

31 Beech St

Byram, NJ 07874

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

≈ $508,970

Likely range $468,425 – $576,096, from 12 comparable Byram sales in the past 18 months, at this home's 1,988 sq ft.

Step 2 · The Director's Ratio

58.12%

The state's official measure of how far Byram assessments sit below market value — republished every October, applied town-wide. A $508,970 home should be assessed near $295,813.

Step 3 · Assessed value

$252,400

Set at the last town-wide revaluation and mostly frozen since. That's $43,413 below what the ratio math suggests (14.7%).

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

$4.018 per $100 assessed

$2.312 Schools · 58% $0.673 County · 17% $1.033 Town · 26%

This home's own bill implies $3.920 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$9,894/yr
Public schools$5,693
Sussex County$1,657
Town of Byram$2,544
Byram average$10,398

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

Town median 50.0%
This home · 49.6%

36%72%

Paying about right

This home's ratio lands inside Byram'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
17 BROOKWOOD DR2026-02$575,0001,95344.3%
30 CRESCENT DR NO2025-02$459,0001,94852.0%
23 RIVER RD2025-06$489,0001,91049.2%
52 RIVER RD2026-01$485,0001,82051.5%
15 MT HEIGHTS DR2025-08$483,0001,90056.0%
9 HUNTERS LN2025-05$450,5151,95452.1%
28 ACORN ST2026-02$500,0001,73245.6%
34 WINDING WAY2025-09$395,0001,74854.1%
3 ROGER DR2026-02$495,0001,85653.3%
72 NORTH SHORE RD2025-07$440,0001,87459.1%
39 SHERWOOD FOREST DR2025-01$439,0001,78651.2%
2 CABIN SPRING TRAIL2025-10$462,5001,59639.3%

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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 →