The Fair Share Report
4 Brookside Rd
Netcong, 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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $412,721 – $515,900, from 12 comparable Netcong 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 Netcong assessments sit below market value — republished every October, applied town-wide. A $471,769 home should be assessed near $328,021.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $73,121 below what the ratio math suggests (22.3%).
Step 4 · The tax rate — same for every Netcong home
$2.168 Schools · 63% $0.290 County · 8% $0.989 Town · 29%
Step 5 · The bill
This home vs. every recent Netcong sale · assessed ÷ market
40%85%
Paying about right
This home's ratio lands inside Netcong'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 |
|---|---|---|---|---|
| 5 LOCUST ST | 2025-08 | $450,000 | 1,339 | 55.3% |
| 5 HILLSIDE AVE | 2025-09 | $465,000 | 1,288 | 53.4% |
| 23 HIGHLAND AVE | 2025-07 | $315,000 | 1,248 | 76.0% |
| 5 DOGWOOD RD | 2026-05 | $460,000 | 1,368 | 63.3% |
| 28 HILLSIDE AVE | 2026-06 | $500,000 | 1,440 | 48.0% |
| 6 BROOKSIDE RD | 2025-04 | $444,500 | 1,012 | 54.9% |
| 5 MCMULLEN ST | 2025-12 | $525,000 | 1,732 | 53.3% |
| 98 MAIN ST | 2025-12 | $525,000 | 1,422 | 42.9% |
| 86 WILTOP RD | 2025-04 | $457,000 | 1,072 | 61.2% |
| 33 LEDGEWOOD AVE | 2025-01 | $375,000 | 1,344 | 53.2% |
| 79 WILTOP RD | 2025-10 | $567,825 | 1,608 | 51.5% |
| 1 TOGNO ST | 2025-04 | $535,000 | 1,495 | 63.3% |
Is this your house?
Run your own report →