The Fair Share Report

310 Second 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

≈ $489,227

Likely range $468,827 – $535,929, 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 $489,227 home should be assessed near $363,887.

Step 3 · Assessed value

$329,600

Set at the last town-wide revaluation and mostly frozen since. That's $34,287 below what the ratio math suggests (9.4%).

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

$11,460/yr
Public schools$6,823
Warren County$2,228
Town of Hackettstown$2,409
Hackettstown average$9,665

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

Town median 58.7%
This home · 67.4%

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
309 SECOND ST2025-07$465,0001,38066.8%
211 SEBER RD2025-06$520,0001,64257.2%
204 CHRISTOPHER ST2025-01$205,0001,118151.3%
103 CINDY TERR2026-03$500,0001,57849.4%
306 HURLEY DR2026-05$554,3001,60847.0%
19 SHELLEY DR2025-07$503,0001,63055.3%
516 MONROE ST2026-05$500,0001,42850.4%
6 HERBERT LANE2026-05$498,5001,63053.7%
310 FRANKLIN ST2025-04$450,0001,48857.3%
117 DEERFIELD DR2026-04$532,0001,53450.1%
34 MITCHELL RD2025-08$480,0001,64652.8%
109 E BALDWIN ST2026-05$495,0001,40452.5%

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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 →