The Fair Share Report

38 Windbeam Loop

Ringwood, NJ 07456

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

≈ $615,060

Likely range $548,804 – $653,426, from 12 comparable Ringwood sales in the past 18 months, at this home's 2,278 sq ft.

Step 2 · The Director's Ratio

57.24%

The state's official measure of how far Ringwood assessments sit below market value — republished every October, applied town-wide. A $615,060 home should be assessed near $352,060.

Step 3 · Assessed value

$291,900

Set at the last town-wide revaluation and mostly frozen since. That's $60,160 below what the ratio math suggests (17.1%).

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

$4.259 per $100 assessed

$2.546 Schools · 60% $0.780 County · 18% $0.933 Town · 22%

Step 5 · The bill

$12,432/yr
Public schools$7,432
Passaic County$2,277
Town of Ringwood$2,723
Ringwood average$12,925

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

Town median 48.7%
This home · 47.5%

36%71%

Paying about right

This home's ratio lands inside Ringwood's normal band. The drift hasn't singled it out — no case for a tax appeal.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
8 PROGRESS PL2026-03$500,0002,22453.5%
27 BEAR MTN RD2026-05$621,0002,30049.5%
86 KRAFT PL2025-12$535,0002,09653.5%
348 CONKLINTOWN RD2026-01$475,0002,04857.3%
76 CATHERINE CT2025-06$635,6002,41144.5%
69 BUENA VISTA DR2026-06$694,0002,55443.5%
10 JOSEPH LN2025-09$820,0002,59543.1%
68 MARCIA RD2026-04$612,4442,13347.3%
191 BUENA VISTA DR2025-01$605,0002,53649.3%
24 FOUNTAIN DR2026-02$545,0001,90048.8%
54 ALTA VISTA DR2025-09$520,0001,92448.8%
4 DOLORES DR2025-10$620,0002,40752.3%

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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 →