The Fair Share Report
39 Summit Rd
Jefferson, NJ 07438
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 $492,827 – $583,278, from 12 comparable Jefferson 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 Jefferson assessments sit below market value — republished every October, applied town-wide. A $544,435 home should be assessed near $379,580.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $30,280 below what the ratio math suggests (8.0%).
Step 4 · The tax rate — same for every Jefferson home
$1.809 Schools · 60% $0.295 County · 10% $0.899 Town · 30%
Step 5 · The bill
This home vs. every recent Jefferson sale · assessed ÷ market
43%86%
Paying about right
This home's ratio lands inside Jefferson'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 |
|---|---|---|---|---|
| 24 HARBOR DR | 2025-04 | $601,000 | 1,780 | 60.8% |
| 12 BENEDICT DR | 2025-06 | $875,000 | 1,708 | 48.8% |
| 7 SHENANDOAH CRES | 2025-12 | $515,000 | 1,600 | 58.4% |
| 10 ABENAKI TRL | 2025-06 | $540,000 | 1,837 | 57.6% |
| 6 ROSEMONT RD | 2025-06 | $515,000 | 1,612 | 66.6% |
| 9 COMMODORE DR | 2025-11 | $495,000 | 1,592 | 59.5% |
| 7 WINONA TRL | 2025-08 | $830,000 | 1,848 | 49.8% |
| 17 HOPI TRL | 2025-09 | $530,000 | 1,689 | 58.8% |
| 95 SCHWARZ BLVD | 2025-02 | $555,000 | 1,672 | 47.5% |
| 150 NEW JERSEY AVE | 2025-07 | $515,000 | 1,824 | 76.8% |
| 111 PROSPECT PT RD | 2025-11 | $285,000 | 1,728 | 96.0% |
| 14 PAWNEE TRL | 2025-06 | $475,000 | 1,584 | 56.8% |
Is this your house?
Run your own report →