The Fair Share Report

39 Faison Ln

Fairfield, NJ 08302

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

≈ $230,000

Likely range $100,000 – $265,000, from 12 comparable Fairfield sales in the past 18 months.

Step 2 · The Director's Ratio

83.33%

The state's official measure of how far Fairfield assessments sit below market value — republished every October, applied town-wide. A $230,000 home should be assessed near $191,659.

Step 3 · Assessed value

$115,400

Set at the last town-wide revaluation and mostly frozen since. That's $76,259 below what the ratio math suggests (39.8%).

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

$2.971 per $100 assessed

$1.447 Schools · 49% $1.029 County · 35% $0.495 Town · 17%

Step 5 · The bill

$3,433/yr
Public schools$1,672
Cumberland County$1,189
Town of Fairfield$572
Fairfield average$4,938

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

Town median 87.8%
This home · 50.2%

38%130%

Paying about right

This home's ratio lands inside Fairfield'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
250 BRIDGETON FAIRTON RD2025-05$255,0001,44064.0%
25 RAMAH RD2026-03$75,0001,42466.5%
173 BRIDGETON FAIRTON RD2025-05$265,0001,30853.5%
519 BACK NECK RD2025-03$73,000856135.8%
7 WALDENS DR2025-10$160,0001,864124.6%
217 RAMAH RD2025-02$300,00088874.9%
40 CEDAR LN2025-01$230,0002,085103.4%
313 SHOEMAKER LN2026-01$145,00096088.7%
94 RAMAH RD2025-08$307,0001,38062.7%
16 WALDENS DR2025-12$260,00096053.4%
227 FAIRTON MILLVILLE RD2026-02$150,0001,356103.0%
918 E COMMERCE ST2025-04$100,0001,456169.0%

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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 →