The Fair Share Report
331 Reading Ave
Barrington, NJ 08007
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 $285,158 – $482,931, from 12 comparable Barrington sales in the past 18 months, at this home's 1,810 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Barrington assessments sit below market value — republished every October, applied town-wide. A $352,837 home should be assessed near $199,247.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $9,947 below what the ratio math suggests (5.0%).
Step 4 · The tax rate — same for every Barrington home
$2.600 Schools · 52% $0.997 County · 20% $1.402 Town · 28%
Step 5 · The bill
This home vs. every recent Barrington sale · assessed ÷ market
32%72%
Paying about right
This home's ratio lands inside Barrington'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 |
|---|---|---|---|---|
| 125 ALBANY AVE | 2025-05 | $285,000 | 1,809 | 54.7% |
| 325 READING AVE | 2025-03 | $225,000 | 1,478 | 67.9% |
| 202 READING AVE | 2025-11 | $290,000 | 1,573 | 65.5% |
| 415 READING AVE | 2025-01 | $335,000 | 1,611 | 55.7% |
| 106 ALBANY AVE | 2026-03 | $350,000 | 1,515 | 37.0% |
| 407 KINGSTON AVE | 2025-12 | $460,000 | 1,616 | 43.0% |
| 525 AUSTIN AVE | 2025-01 | $350,888 | 1,800 | 48.2% |
| 300 COPLEY RD | 2026-03 | $535,000 | 1,845 | 38.3% |
| 111 TRENTON AVENUE | 2025-06 | $451,004 | 1,732 | 46.6% |
| 400 READING AVE | 2026-04 | $375,000 | 2,380 | 63.3% |
| 233 HAINES AVE | 2025-11 | $365,000 | 1,368 | 46.1% |
| 1000 CLEMENTS BRIDGE RD | 2024-12 | $168,000 | 1,596 | 106.3% |
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