The Fair Share Report
33 Hampton Rd
Chatham, NJ 07503
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 $1,304,210 – $1,805,917, from 12 comparable Chatham sales in the past 18 months, at this home's 2,788 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Chatham assessments sit below market value — republished every October, applied town-wide. A $1,546,427 home should be assessed near $1,026,982.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $124,782 below what the ratio math suggests (12.2%).
Step 4 · The tax rate — same for every Chatham home
$1.370 Schools · 65% $0.330 County · 16% $0.403 Town · 19%
Step 5 · The bill
This home vs. every recent Chatham sale · assessed ÷ market
43%82%
Paying about right
This home's ratio lands inside Chatham'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 |
|---|---|---|---|---|
| 23 PARK VIEW RD | 2025-07 | $1,810,023 | 2,795 | 50.3% |
| 128 CANDACE LN | 2025-08 | $1,750,000 | 2,683 | 42.8% |
| 27 STONEWYCK DR | 2025-04 | $1,750,000 | 2,969 | 52.7% |
| 62 CANDACE LN | 2025-03 | $1,940,000 | 2,995 | 54.8% |
| 535 FAIRMOUNT AVE | 2026-05 | $1,326,000 | 2,684 | 52.7% |
| 93 ORMONT RD | 2025-11 | $985,000 | 2,703 | 71.0% |
| 72 HURON DR | 2026-04 | $2,300,000 | 2,891 | 48.0% |
| 630 FAIRMOUNT AVE | 2025-01 | $1,373,600 | 2,920 | 58.5% |
| 48 SUNSET DR | 2025-01 | $1,300,000 | 2,779 | 53.0% |
| 70 HAMPTON RD | 2026-01 | $1,745,000 | 3,146 | 65.0% |
| 70 HAMPTON RD | 2024-12 | $1,320,000 | 3,146 | 85.9% |
| 81 HURON DR | 2026-04 | $1,710,000 | 2,675 | 62.6% |
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