The Fair Share Report
32 Spring Rd
Jefferson, NJ 07849
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 $207,059 – $317,852, from 12 comparable Jefferson sales in the past 18 months, at this home's 640 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Jefferson assessments sit below market value — republished every October, applied town-wide. A $285,000 home should be assessed near $198,702.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $111,398 above what the ratio math suggests (56.1%).
Step 4 · The tax rate — same for every Jefferson home
$1.809 Schools · 60% $0.295 County · 10% $0.899 Town · 30%
Step 5 · The bill
This home vs. every recent Jefferson sale · assessed ÷ market
43%155%
Looks meaningfully over-assessed
Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (80.18%) — roughly $3,345/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 58 E SHORE RD | 2025-12 | $285,000 | 640 | 56.4% |
| 32 RESERVOIR RD | 2025-04 | $261,000 | 567 | 50.6% |
| 94 WILDWOOD RD | 2025-06 | $370,000 | 745 | 44.1% |
| ROCKAWAY RD | 2025-12 | $357,000 | 610 | 55.1% |
| 7 PINE ST | 2025-02 | $260,000 | 672 | 62.2% |
| 86 W SHAWNEE TRL | 2025-07 | $355,000 | 594 | 48.9% |
| 25 GARNET DR | 2025-08 | $275,000 | 850 | 57.9% |
| 61 PEQUOT TRL | 2025-12 | $230,000 | 808 | 81.2% |
| 1 BEAVER TER | 2026-04 | $490,000 | 707 | 41.5% |
| 14 MOUNTAIN VIEW TRL | 2026-01 | $210,000 | 796 | 81.3% |
| 3 MEADOW LN | 2025-01 | $289,000 | 735 | 63.8% |
| 719 BERKSHIRE VALLEY RD | 2024-12 | $195,000 | 696 | 98.0% |
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