The Fair Share Report
4 E View Dr
Readington, NJ 08889
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 $759,251 – $949,926, from 12 comparable Readington sales in the past 18 months, at this home's 2,748 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Readington assessments sit below market value — republished every October, applied town-wide. A $850,638 home should be assessed near $590,598.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $2,898 below what the ratio math suggests (0.5%).
Step 4 · The tax rate — same for every Readington home
$1.708 Schools · 61% $0.506 County · 18% $0.584 Town · 21%
Step 5 · The bill
This home vs. every recent Readington sale · assessed ÷ market
48%85%
Paying about right
This home's ratio lands inside Readington'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 |
|---|---|---|---|---|
| 80 VAN CLEEF DR | 2026-05 | $820,000 | 2,657 | 72.5% |
| 14 CAPTAIN'S WOODS RD | 2025-05 | $840,000 | 2,430 | 61.8% |
| 8 GOVERNOR RD | 2026-05 | $930,000 | 2,540 | 55.4% |
| 31 ABRAHAM RD | 2026-05 | $911,000 | 2,943 | 62.6% |
| 54 VAN CLEEF DR | 2025-06 | $800,000 | 2,567 | 68.4% |
| 17 EBERSOHL CIR | 2026-03 | $550,000 | 2,244 | 67.5% |
| 13 FERNWOOD CT | 2026-01 | $649,000 | 2,244 | 70.2% |
| 26 EBERSOHL CIR | 2025-11 | $685,000 | 2,244 | 54.2% |
| 15 FERNWOOD CT | 2025-09 | $603,000 | 2,244 | 72.8% |
| 18 FERNWOOD CT | 2025-03 | $620,000 | 2,244 | 60.0% |
| 6 MILLSTONE LN | 2025-03 | $940,000 | 3,440 | 65.5% |
| 32 VAN CLEEF DR | 2025-08 | $796,000 | 2,468 | 69.1% |
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