The Fair Share Report
399 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 $408,291 – $493,606, from 12 comparable Byram 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 Byram assessments sit below market value — republished every October, applied town-wide. A $461,646 home should be assessed near $268,309.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $5,291 above what the ratio math suggests (2.0%).
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%72%
A touch high — worth watching
This home's ratio sits above most of Byram, but doesn't clear NJ's legal appeal line (66.84%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 165 GLENSIDE TRAIL | 2026-04 | $415,000 | 1,379 | 50.3% |
| 9 NEWTON AVE | 2026-04 | $515,000 | 1,411 | 51.3% |
| 18 CRANBERRY LEDGE RD | 2025-09 | $370,000 | 1,568 | 59.7% |
| 37 BROOKWOOD RD | 2025-07 | $525,000 | 1,684 | 45.4% |
| 67 SLEEPY HOLLOW RD | 2025-08 | $540,000 | 1,962 | 55.7% |
| 1 LEE HILL RD | 2025-09 | $560,000 | 1,744 | 45.6% |
| 52 TAMARACK RD | 2025-10 | $615,000 | 2,268 | 55.0% |
| 23 TAMARACK RD | 2024-12 | $460,000 | 1,443 | 52.1% |
| 19 HEMLOCK RD | 2025-07 | $395,000 | 1,548 | 53.2% |
| 32 BROAD AVE | 2025-07 | $470,000 | 1,534 | 47.0% |
| 133 ROSEVILLE RD | 2025-11 | $477,325 | 1,542 | 52.4% |
| 194 GLENSIDE TRAIL | 2025-07 | $370,000 | 1,273 | 58.5% |
Is this your house?
Run your own report →