The Fair Share Report
33 Second St
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $2,465,485 – $2,876,389, from 12 comparable Rumson 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 Rumson assessments sit below market value — republished every October, applied town-wide. A $2,643,868 home should be assessed near $2,556,620.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $521,920 below what the ratio math suggests (20.4%).
Step 4 · The tax rate — same for every Rumson home
$0.594 Schools · 57% $0.210 County · 20% $0.245 Town · 23%
This home's own bill implies $0.914 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Rumson sale · assessed ÷ market
65%116%
Keep quiet and enjoy it
This home's assessment ratio sits below the Rumson pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 80 BINGHAM AVE. | 2026-04 | $2,310,000 | 3,074 | 68.4% |
| 43 BINGHAM AVE. | 2026-06 | $2,675,000 | 2,900 | 69.3% |
| 61 CENTER ST | 2026-04 | $2,410,000 | 3,155 | 107.2% |
| 62 AVE OF TWO RIVERS | 2025-05 | $2,795,000 | 3,310 | 100.2% |
| 33 PARK AVE. | 2026-03 | $2,800,000 | 3,198 | 81.7% |
| 3 MONMOUTH AVENUE | 2026-03 | $1,825,000 | 2,295 | 77.9% |
| 42 RIDGE RD. | 2025-04 | $1,575,000 | 2,163 | 112.9% |
| 10 BAY STREET | 2025-05 | $3,560,000 | 3,453 | 89.5% |
| 34 NAVESINK AVE | 2025-03 | $2,800,000 | 3,528 | 92.7% |
| 46 RIDGE RD. | 2025-02 | $1,575,000 | 3,558 | 111.1% |
| 84 WASHINGTON ST. | 2025-06 | $1,677,000 | 3,108 | 100.0% |
| 90 WASHINGTON ST. | 2026-04 | $2,457,000 | 3,103 | 86.7% |
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