The Fair Share Report

4 E Brook Dr

Holmdel, NJ 07733

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

≈ $1,450,532

Likely range $1,351,738 – $1,683,979, from 12 comparable Holmdel sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

99.74%

The state's official measure of how far Holmdel assessments sit below market value — republished every October, applied town-wide. A $1,450,532 home should be assessed near $1,446,761.

Step 3 · Assessed value

$1,510,000

Set at the last town-wide revaluation and mostly frozen since. That's $63,239 above what the ratio math suggests (4.4%).

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

$1.538 per $100 assessed

$1.063 Schools · 69% $0.207 County · 13% $0.268 Town · 17%

This home's own bill implies $1.395 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$21,070/yr
Public schools$14,563
Monmouth County$2,836
Town of Holmdel$3,672
Holmdel average$15,894

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

Town median 97.7%
This home · 104.1%

84%117%

Paying about right

This home's ratio lands inside Holmdel'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
45 GALLOPING HILL CIRCLE2026-03$1,230,0003,818111.5%
23 STONEY BROOK ROAD2026-05$1,350,0003,94894.7%
17 ASHLEY DR2026-03$1,535,0004,39297.7%
3 OAK TREE LANE2025-06$1,790,0004,15992.0%
8 ASPEN CT2026-02$1,285,0003,96494.4%
11 GOLDSMITH DR2026-02$1,300,0004,888103.4%
76-B TELEGRAPH HILL RD2025-01$1,250,0004,741105.3%
3 FOREST PARK CT2026-02$1,465,0004,01495.7%
2 DORA LANE2025-05$1,500,0004,783101.7%
3 GEORJEAN DRIVE2025-04$1,180,0003,48591.5%
7 PEACH TREELANE2025-01$1,425,0003,69396.2%
7 RED COACH LANE2026-02$1,500,0003,85999.4%

Is this your house?

Run your own report →

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 →