The Fair Share Report
4 Georgetown Rd
Mansfield, NJ 08022
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 $336,613 – $401,338, from 12 comparable Mansfield 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 Mansfield assessments sit below market value — republished every October, applied town-wide. A $359,846 home should be assessed near $204,105.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $3,295 above what the ratio math suggests (1.6%).
Step 4 · The tax rate — same for every Mansfield home
$2.211 Schools · 69% $0.502 County · 16% $0.509 Town · 16%
Step 5 · The bill
This home vs. every recent Mansfield sale · assessed ÷ market
32%71%
A touch high — worth watching
This home's ratio sits above most of Mansfield, but doesn't clear NJ's legal appeal line (65.23%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 2 WINDMILL COURT | 2026-04 | $336,500 | 1,415 | 47.1% |
| 19 FERNWOOD COURT | 2025-12 | $400,000 | 1,400 | 39.2% |
| 4 FIRESIDE CIRCLE | 2025-05 | $280,000 | 1,448 | 57.9% |
| 12 CANDLELIGHT CIRCLE | 2026-04 | $395,000 | 1,456 | 40.6% |
| 104 LAKE VIEW COURT | 2025-08 | $415,000 | 1,456 | 42.2% |
| 14 WINDMILL COURT | 2025-04 | $360,000 | 1,374 | 42.8% |
| 3 DEEP HOLLOW LANE NORTH | 2026-04 | $375,000 | 1,336 | 39.9% |
| 117 CARRIAGE HILL COURT | 2026-04 | $355,000 | 1,392 | 43.9% |
| 6 LAKE VIEW TERRACE | 2025-08 | $384,000 | 1,392 | 40.6% |
| 107 CARRIAGE HILL COURT | 2025-07 | $335,000 | 1,392 | 46.5% |
| 14 CARRIAGE HILL LANE | 2025-06 | $350,000 | 1,392 | 44.5% |
| 24 LAKE VIEW TERRACE | 2025-05 | $342,500 | 1,392 | 45.5% |
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