The Fair Share Report
313 Second St
Trenton, NJ 08043
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $132,410 – $222,529, from 12 comparable Trenton sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Trenton assessments sit below market value — republished every October, applied town-wide. A $168,443 home should be assessed near $90,168.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $34,768 below what the ratio math suggests (38.6%).
Step 4 · The tax rate — same for every Trenton home
$1.198 Schools · 20% $0.929 County · 16% $3.762 Town · 64%
Step 5 · The bill
This home vs. every recent Trenton sale · assessed ÷ market
19%67%
Paying about right
This home's ratio lands inside Trenton's normal band. The drift hasn't singled it out — no case for a tax appeal.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 521 EMORY AVE | 2025-01 | $250,000 | 1,484 | 31.8% |
| 760 CENTRE ST | 2025-03 | $100,000 | 1,482 | 41.6% |
| 22 TYRELL AVE | 2025-04 | $150,000 | 1,418 | 20.4% |
| 227 PASSAIC ST | 2025-02 | $170,000 | 1,464 | 25.8% |
| 807 S BROAD ST | 2025-03 | $150,000 | 1,620 | 44.9% |
| 307 CUMMINGS AVE | 2025-04 | $210,000 | 1,488 | 29.2% |
| 1016 GENESEE ST | 2025-04 | $350,000 | 1,490 | 36.0% |
| 791 SECOND ST | 2025-10 | $197,000 | 1,444 | 23.6% |
| 616 WHITTAKER AVE | 2025-02 | $152,000 | 1,614 | 31.4% |
| 139 HOUGHTON AVE | 2025-08 | $95,000 | 1,568 | 30.3% |
| 156 KENT ST | 2026-06 | $205,000 | 1,470 | 23.7% |
| 111 FULTON ST | 2025-01 | $169,000 | 1,518 | 27.7% |
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