The Fair Share Report

33 Ely Rd

Holmdel, NJ 07733

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 2 · The Director's Ratio

99.74%

The state's official measure of how far Holmdel assessments sit below market value — republished every October, applied town-wide.

Step 3 · Assessed value

$3,832,400

Set at the last town-wide revaluation and mostly frozen since.

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

$1.538 per $100 assessed

$1.063 Schools · 69% $0.207 County · 13% $0.268 Town · 17%

This home's own bill implies $1.390 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$53,282/yr
Public schools$36,826
Monmouth County$7,171
Town of Holmdel$9,284
Holmdel average$15,894

The record, in full

Not enough closely-comparable recent sales in Holmdel for a fairness verdict — the town's current median assessment ratio is 97.7%.

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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 →