The Fair Share Report

36 Augusta Dr

Mansfield, NJ 08022

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 1 · Market value

≈ $354,868

Likely range $329,617 – $395,377, from 12 comparable Mansfield sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

56.72%

The state's official measure of how far Mansfield assessments sit below market value — republished every October, applied town-wide. A $354,868 home should be assessed near $201,281.

Step 3 · Assessed value

$116,200

Set at the last town-wide revaluation and mostly frozen since. That's $85,081 below what the ratio math suggests (42.3%).

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

$3.221 per $100 assessed

$2.211 Schools · 69% $0.502 County · 16% $0.509 Town · 16%

This home's own bill implies $3.007 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$3,494/yr
Public schools$2,398
Burlington County$544
Town of Mansfield$552
Mansfield average$8,256

This home vs. every recent Mansfield sale · assessed ÷ market

Town median 44.2%
This home · 32.7%

24%71%

Keep quiet and enjoy it

This home's assessment ratio sits below the Mansfield 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)

AddressSoldPriceSq ftRatio
3 COVERED BRIDGE LANE2026-04$385,0001,40340.8%
212 WAGON WHEEL LANE2026-03$312,5001,40350.3%
3 COVERED BRIDGE CIRCLE2025-10$370,0001,40342.5%
49 WAGON WHEEL LANE2025-09$235,0001,40366.8%
15 GREENBROOK DRIVE2025-03$450,0001,43238.1%
48 WAGON WHEEL LANE2025-08$360,0001,40343.6%
14 COVERED BRIDGE CIRCLE2026-04$430,0001,40336.5%
33 SUNSET LANE2025-10$415,0001,40337.9%
117 CARRIAGE HILL COURT2026-04$355,0001,39243.9%
14 CARRIAGE HILL LANE2025-06$350,0001,39244.5%
245 WAGON WHEEL LANE2025-05$337,0001,27843.6%
8 PINE BROOK COURT2025-03$332,5001,39246.9%

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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 →