The Fair Share Report

39 Oakes Rd

Rumson, NJ 07760

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

≈ $3,811,823

Likely range $3,279,362 – $4,012,119, from 12 comparable Rumson sales in the past 18 months, at this home's 6,225 sq ft.

Step 2 · The Director's Ratio

96.70%

The state's official measure of how far Rumson assessments sit below market value — republished every October, applied town-wide. A $3,811,823 home should be assessed near $3,686,033.

Step 3 · Assessed value

$3,500,000

Set at the last town-wide revaluation and mostly frozen since. That's $186,033 below what the ratio math suggests (5.0%).

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

$1.049 per $100 assessed

$0.594 Schools · 57% $0.210 County · 20% $0.245 Town · 23%

Step 5 · The bill

$37,597/yr
Public schools$21,290
Monmouth County$7,527
Town of Rumson$8,781
Rumson average$23,692

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

Town median 97.5%
This home · 91.8%

72%116%

Paying about right

This home's ratio lands inside Rumson'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
58 BUENA VISTA AVE.2025-03$3,900,0006,369114.9%
20 SOMERSET DRIVE2025-05$3,400,0006,454105.2%
129 AVE OF TWO RIVERS2026-01$4,500,0007,07797.5%
0 WILSON CIRCLE2026-02$7,200,0005,854103.2%
23 SHERATON LANE2026-04$3,900,0007,319125.8%
143 BINGHAM AVE.2026-05$5,200,0006,13692.5%
136 AVE OF TWO RIVERS2025-04$3,550,0005,508105.0%
44 WARDELL AVENUE2025-02$3,075,0005,736102.4%
47 BELLEVUE AVENUE2025-04$5,600,0007,57896.8%
3 POPOMORA DRIVE2025-03$2,400,0005,174100.1%
8 WOODS END ROAD2025-05$2,407,0005,490109.9%
4 SAILERS WAY2025-06$4,067,0008,408103.3%

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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 →