The Fair Share Report
4 E Jack St
Hazlet, NJ 07730
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 $498,997 – $685,421, from 12 comparable Hazlet 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 Hazlet assessments sit below market value — republished every October, applied town-wide. A $612,099 home should be assessed near $547,645.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $12,655 above what the ratio math suggests (2.3%).
Step 4 · The tax rate — same for every Hazlet home
$1.274 Schools · 66% $0.222 County · 11% $0.436 Town · 23%
This home's own bill implies $1.797 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Hazlet sale · assessed ÷ market
76%118%
Paying about right
This home's ratio lands inside Hazlet'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 BARRIER DRIVE | 2026-06 | $640,000 | 1,476 | 90.8% |
| 12 FAIRVIEW LANE | 2026-05 | $620,000 | 1,491 | 92.9% |
| 59 HOLLY AVENUE | 2026-06 | $562,000 | 1,504 | 88.9% |
| 11 POPLAR AVENUE | 2026-04 | $460,000 | 1,498 | 99.0% |
| 10 PACIFIC TERRACE | 2025-04 | $445,000 | 1,497 | 118.4% |
| 46 PARK VIEW DRIVE | 2026-03 | $500,000 | 1,368 | 108.4% |
| 3 CORNELL DRIVE | 2026-05 | $676,500 | 1,380 | 82.5% |
| 19 WOODY TERRACE | 2026-02 | $490,000 | 1,344 | 94.1% |
| 93 HAZLET AVENUE | 2025-05 | $400,000 | 1,326 | 111.1% |
| 2024 FLORENCE AVENUE | 2026-05 | $645,000 | 1,352 | 82.5% |
| 23 CORNELL DRIVE | 2026-03 | $710,000 | 1,380 | 86.0% |
| 17 DUBLIN LANE | 2026-05 | $705,000 | 1,540 | 87.5% |
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