The Fair Share Report

4 Appleton Dr

Hazlet, NJ 07730

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

≈ $664,558

Likely range $493,727 – $766,979, from 12 comparable Hazlet sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

89.47%

The state's official measure of how far Hazlet assessments sit below market value — republished every October, applied town-wide. A $664,558 home should be assessed near $594,580.

Step 3 · Assessed value

$702,600

Set at the last town-wide revaluation and mostly frozen since. That's $108,020 above what the ratio math suggests (18.2%).

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

$1.932 per $100 assessed

$1.274 Schools · 66% $0.222 County · 11% $0.436 Town · 23%

This home's own bill implies $1.785 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$12,540/yr
Public schools$8,269
Monmouth County$1,441
Town of Hazlet$2,830
Hazlet average$9,998

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

Town median 95.6%
This home · 105.7%

77%148%

Paying about right

This home's ratio lands inside Hazlet'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
4 KNOLL TERRACE2025-05$575,0002,218102.6%
13 CRESCI BOULEVARD2026-04$735,0002,13486.6%
3 BELFAST AVENUE2025-04$685,0002,13496.6%
560 BEERS STREET2025-03$495,0002,136145.4%
9 TRALEE ROAD2026-03$642,0002,106100.3%
5 EVERGREEN STREET2025-05$600,0002,01596.0%
16 CRESCI BOULEVARD2025-05$503,0002,201141.4%
54 CRESCI BOULEVARD2026-05$837,0002,00272.0%
4 GALWAY DRIVE2025-05$720,0001,97694.3%
1 EAST JACK STREET2025-05$545,0002,282110.5%
34 HEMLOCK STREET2026-01$730,0002,35191.1%
34 HEMLOCK STREET2025-06$560,0002,351118.7%

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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 →