The Fair Share Report

31 John St

Helmetta, NJ 08828

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

≈ $419,018

Likely range $394,925 – $477,905, from 12 comparable Helmetta sales in the past 18 months, at this home's 1,512 sq ft.

Step 2 · The Director's Ratio

55.50%

The state's official measure of how far Helmetta assessments sit below market value — republished every October, applied town-wide. A $419,018 home should be assessed near $232,555.

Step 3 · Assessed value

$243,900

Set at the last town-wide revaluation and mostly frozen since. That's $11,345 above what the ratio math suggests (4.9%).

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

$3.558 per $100 assessed

$2.120 Schools · 60% $0.601 County · 17% $0.836 Town · 24%

Step 5 · The bill

$8,678/yr
Public schools$5,172
Middlesex County$1,466
Town of Helmetta$2,040
Helmetta average$7,440

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

Town median 46.6%
This home · 58.2%

36%69%

Paying about right

This home's ratio lands inside Helmetta'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
42 JOHN STREET2026-06$485,0001,46040.1%
4 HOLLY MANOR COURT2025-08$445,0001,39147.2%
24 HOLLY HOUSE DRIVE2026-01$525,0001,66141.9%
37 RAILROAD AVENUE2026-06$257,5001,02662.1%
45 LAKE AVE2025-09$400,0001,65658.6%
38 JOHN ST2025-08$280,0001,07258.3%
23 OLD FORGE ROAD2026-03$311,2501,29666.1%
10 HOLLY MANOR COURT2025-11$530,0001,81248.5%
1305 STONERIDGE CIR.2026-05$360,0001,19839.8%
312 RAINTREE CT.2026-04$332,0001,19843.2%
1109 STONERIDGE CIR.2025-11$315,0001,19845.5%
303 RAINTREE CT.2025-09$356,0001,19842.4%

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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 →