The Fair Share Report
369 Middle Rd
Hazlet, NJ 07730
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 $406,867 – $654,981, from 12 comparable Hazlet 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 Hazlet assessments sit below market value — republished every October, applied town-wide. A $582,948 home should be assessed near $521,564.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $6,864 below what the ratio math suggests (1.3%).
Step 4 · The tax rate — same for every Hazlet home
$1.274 Schools · 66% $0.222 County · 11% $0.436 Town · 23%
This home's own bill implies $1.769 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Hazlet sale · assessed ÷ market
73%132%
Paying about right
This home's ratio lands inside Hazlet'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 |
|---|---|---|---|---|
| 16 DUTCH LANE | 2025-05 | $435,000 | 1,728 | 93.9% |
| 9 DUTCH LANE | 2025-01 | $425,000 | 1,704 | 102.3% |
| 8 ASHLEIGH DRIVE | 2025-01 | $690,000 | 1,741 | 92.9% |
| 13 DUTCH LANE | 2026-02 | $525,000 | 1,536 | 68.6% |
| 7 WINDSOR COURT | 2025-05 | $712,000 | 1,736 | 94.1% |
| 7 MEADOW COURT | 2026-04 | $731,000 | 1,828 | 81.9% |
| 74 BETHANY ROAD | 2025-02 | $500,000 | 1,824 | 103.2% |
| 36 FIELDCREST WAY | 2025-02 | $430,000 | 1,680 | 110.8% |
| 97 LAUREL AVENUE | 2025-06 | $590,000 | 1,964 | 103.0% |
| 8 DEVONSHIRE DRIVE | 2025-03 | $615,000 | 1,767 | 92.1% |
| 47 ANGELA CIRCLE | 2025-04 | $665,000 | 1,937 | 90.4% |
| 51 ANGELA CIRCLE | 2026-02 | $685,000 | 1,977 | 88.6% |
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