The Fair Share Report
389 Springbrook Trl
Byram, NJ 07871
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 $171,616 – $390,625, from 12 comparable Byram sales in the past 18 months, at this home's 750 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Byram assessments sit below market value — republished every October, applied town-wide. A $287,748 home should be assessed near $167,239.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $3,439 below what the ratio math suggests (2.1%).
Step 4 · The tax rate — same for every Byram home
$2.312 Schools · 58% $0.673 County · 17% $1.033 Town · 26%
Step 5 · The bill
This home vs. every recent Byram sale · assessed ÷ market
36%101%
Paying about right
This home's ratio lands inside Byram'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 |
|---|---|---|---|---|
| 84 LEE HILL RD | 2025-07 | $249,000 | 767 | 76.1% |
| 14 LAKE DR W | 2026-04 | $400,000 | 768 | 39.1% |
| 19 LAUREL TRAIL | 2025-04 | $341,000 | 828 | 40.4% |
| 218 LACKAWANNA DR | 2025-11 | $345,000 | 572 | 50.3% |
| 9 LAUREL TRAIL | 2025-09 | $175,000 | 816 | 73.3% |
| 6 KA-TON-AH TRAIL | 2025-08 | $235,000 | 1,027 | 55.4% |
| 314 RT 206 | 2025-04 | $200,000 | 960 | 78.3% |
| 75 GLENSIDE TRAIL | 2025-08 | $345,000 | 704 | 49.2% |
| 10 CRANBERRY LEDGE RD | 2025-07 | $390,000 | 1,056 | 42.9% |
| 111 NORTH SHORE RD | 2026-04 | $365,000 | 600 | 36.5% |
| 7 LA-BO-GA TRAIL | 2025-06 | $310,000 | 808 | 40.9% |
| 129 NORTH SHORE RD | 2025-10 | $550,000 | 1,034 | 46.6% |
Is this your house?
Run your own report →