The Fair Share Report

4 Devon Ct

Hardyston, NJ 07419

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

≈ $469,822

Likely range $368,268 – $524,382, from 12 comparable Hardyston sales in the past 18 months, at this home's 1,559 sq ft.

Step 2 · The Director's Ratio

97.47%

The state's official measure of how far Hardyston assessments sit below market value — republished every October, applied town-wide. A $469,822 home should be assessed near $457,936.

Step 3 · Assessed value

$547,200

Set at the last town-wide revaluation and mostly frozen since. That's $89,264 above what the ratio math suggests (19.5%).

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

$1.929 per $100 assessed

$1.053 Schools · 55% $0.429 County · 22% $0.446 Town · 23%

This home's own bill implies $1.848 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$10,112/yr
Public schools$5,523
Sussex County$2,250
Town of Hardyston$2,339
Hardyston average$7,564

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

Town median 91.4%
This home · 116.5%

75%154%

Looks meaningfully over-assessed

Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (100.00%) — roughly $1,722/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
30 LAM DR2025-06$544,0001,55990.1%
8 LAM DR2026-05$590,0001,76287.9%
5 CORNWALL CT2026-01$425,3001,55496.1%
5 BRAMBLE CT2026-06$372,0001,57692.1%
38 BOURNE CI2026-06$519,0001,54390.7%
61 BOURNE CI2026-06$475,0001,54396.9%
5 BOURNE CI2025-04$465,0001,54396.9%
28 BOURNE CI2025-05$360,0001,576102.9%
47 HARKER HILL DR2025-05$479,9991,54386.3%
8 CALEB CT2026-02$420,0001,58381.8%
27 EAGLES NEST LN2025-06$360,0001,52499.9%
103 BRACKEN HILL RD2026-04$625,0001,65382.8%

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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 →