The Fair Share Report

4 Aster Blvd

Warren, NJ 07059

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

≈ $769,450

Likely range $741,197 – $973,175, from 12 comparable Warren sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

100.91%

The state's official measure of how far Warren assessments sit below market value — republished every October, applied town-wide. A $769,450 home should be assessed near $776,452.

Step 3 · Assessed value

$176,900

Set at the last town-wide revaluation and mostly frozen since. That's $599,552 below what the ratio math suggests (77.2%).

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

$1.752 per $100 assessed

$1.140 Schools · 65% $0.333 County · 19% $0.279 Town · 16%

Step 5 · The bill

$3,080/yr
Public schools$2,004
Somerset County$585
Town of Warren$490
Warren average$16,986

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

Town median 92.8%
This home · 23.0%

13%109%

Keep quiet and enjoy it

This home's assessment ratio sits below the Warren pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
28 DAHLIA DRIVE2026-06$990,00095.8%
8 PERIWINKLE LANE2025-05$925,00089.7%
8 HYSSOP DRIVE2025-03$882,50092.3%
47 BROOKSIDE DRIVE2026-04$750,0001,86488.7%
91 HILLCREST ROAD2026-03$947,0001,85294.8%
26 GATES AVENUE2026-01$760,0001,89784.7%
39 OLD STIRLING ROAD2026-01$750,0001,79285.3%
56 WASHINGTON VALLEY ROAD2025-01$727,0001,76498.3%
9 RED HILL ROAD2026-05$999,9992,02084.6%
13 INDIAN ROCK ROAD2025-03$625,0001,693101.8%
5 MARIGOLD COURT2026-06$860,00092.7%
4 MARIGOLD COURT2026-03$875,00092.3%

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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 →