The Fair Share Report

32 Cir Dr

Rumson, NJ 07760

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

≈ $2,509,104

Likely range $2,042,009 – $2,735,844, from 12 comparable Rumson sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

96.70%

The state's official measure of how far Rumson assessments sit below market value — republished every October, applied town-wide. A $2,509,104 home should be assessed near $2,426,304.

Step 3 · Assessed value

$2,549,400

Set at the last town-wide revaluation and mostly frozen since. That's $123,096 above what the ratio math suggests (5.1%).

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

$1.049 per $100 assessed

$0.594 Schools · 57% $0.210 County · 20% $0.245 Town · 23%

This home's own bill implies $0.939 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$23,950/yr
Public schools$13,562
Monmouth County$4,795
Town of Rumson$5,594
Rumson average$23,692

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

Town median 97.5%
This home · 101.6%

72%130%

Paying about right

This home's ratio lands inside Rumson'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
4 CIRCLE DRIVE2025-04$2,025,0003,32470.8%
34 NAVESINK AVE2025-03$2,800,0003,52892.7%
24 RIVERSIDE DR.2025-05$3,362,0003,59096.3%
7 IVINS PLACE2026-04$2,625,0003,50976.6%
16 HEATHCLIFF ROAD2026-01$2,600,0003,59479.3%
9 PACKER AVENUE2026-04$2,450,0002,91688.7%
2 WOODS END ROAD2025-05$2,500,0003,57091.8%
5 CLOVER LANE2025-02$2,150,0004,18485.5%
17 SAILERS WAY2026-05$2,200,0004,071121.5%
27 FORREST AVENUE2026-03$2,625,0003,70668.0%
137 BINGHAM AVE.2026-02$2,499,9994,34199.2%
85 BUENA VISTA AVENUE2025-02$2,650,0003,993107.1%

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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 →