The Fair Share Report
34 Pine St
Franklin, NJ 08322
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 $241,492 – $345,172, from 12 comparable Franklin 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 Franklin assessments sit below market value — republished every October, applied town-wide. A $312,535 home should be assessed near $182,645.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $44,045 below what the ratio math suggests (24.1%).
Step 4 · The tax rate — same for every Franklin home
$2.153 Schools · 58% $0.732 County · 20% $0.856 Town · 23%
Step 5 · The bill
This home vs. every recent Franklin sale · assessed ÷ market
35%74%
Paying about right
This home's ratio lands inside Franklin'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 |
|---|---|---|---|---|
| 26 SHIREEN TER | 2025-05 | $300,000 | 1,242 | 53.3% |
| 3164 DUTCH MILL RD | 2025-07 | $295,000 | 1,144 | 42.1% |
| 2569 HARDING HWY | 2025-12 | $180,000 | 1,173 | 58.4% |
| 2356 STANTON AVE | 2026-03 | $280,000 | 1,104 | 47.8% |
| 796 PORCHTOWN RD | 2025-08 | $325,000 | 1,144 | 49.1% |
| 1355 HARDING HWY | 2025-12 | $295,325 | 1,107 | 47.9% |
| 632 TANGER AVE | 2025-09 | $330,000 | 1,348 | 47.5% |
| 275 DELAWARE AVE | 2025-01 | $140,000 | 1,008 | 89.8% |
| 32 FIFTH ST | 2026-03 | $402,000 | 1,432 | 45.3% |
| 32 CERTAIN AVE | 2025-05 | $299,900 | 1,150 | 51.1% |
| 2952 TUCKAHOE RD | 2025-03 | $311,500 | 996 | 41.4% |
| 80 HALE AVE | 2026-04 | $308,000 | 1,480 | 43.3% |
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