The Fair Share Report

4 Bells Path

Byram, NJ 07874

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

≈ $316,588

Likely range $297,547 – $383,854, from 12 comparable Byram sales in the past 18 months, at this home's 737 sq ft.

Step 2 · The Director's Ratio

58.12%

The state's official measure of how far Byram assessments sit below market value — republished every October, applied town-wide. A $316,588 home should be assessed near $184,001.

Step 3 · Assessed value

$156,700

Set at the last town-wide revaluation and mostly frozen since. That's $27,301 below what the ratio math suggests (14.8%).

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

$4.018 per $100 assessed

$2.312 Schools · 58% $0.673 County · 17% $1.033 Town · 26%

Step 5 · The bill

$6,298/yr
Public schools$3,624
Sussex County$1,055
Town of Byram$1,619
Byram average$10,398

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

Town median 50.0%
This home · 49.5%

35%72%

Paying about right

This home's ratio lands inside Byram'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
14 LAKE DR W2026-04$400,00076839.1%
84 LEE HILL RD2025-07$249,00076776.1%
155 FOREST LAKE DR2025-05$475,00081638.6%
4 SOUTH LAKE TRAIL2025-03$415,00087848.1%
2 SIDE HILL TRAIL2025-10$433,0001,00844.2%
14 ACORN ST2025-02$390,00096648.1%
19 LAUREL TRAIL2025-04$341,00082840.4%
15 STONY BROOK RD2025-08$357,00086152.3%
111 NORTH SHORE RD2026-04$365,00060036.5%
314 RT 2062025-04$200,00096078.3%
75 GLENSIDE TRAIL2025-08$345,00070449.2%
31 BELTON ST2025-07$510,0001,06644.1%

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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 →