The Fair Share Report

4 Maple Ave

Rumson, NJ 07760

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

≈ $1,030,313

Likely range $985,713 – $1,217,647, from 12 comparable Rumson sales in the past 18 months, at this home's 1,380 sq ft.

Step 2 · The Director's Ratio

96.70%

The state's official measure of how far Rumson assessments sit below market value — republished every October, applied town-wide. A $1,030,313 home should be assessed near $996,313.

Step 3 · Assessed value

$1,158,100

Set at the last town-wide revaluation and mostly frozen since. That's $161,787 above what the ratio math suggests (16.2%).

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

$1.049 per $100 assessed

$0.594 Schools · 57% $0.210 County · 20% $0.245 Town · 23%

This home's own bill implies $0.947 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$10,967/yr
Public schools$6,210
Monmouth County$2,196
Town of Rumson$2,561
Rumson average$23,692

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

Town median 97.5%
This home · 112.4%

72%123%

Paying about right

This home's ratio lands inside Rumson'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
76 BINGHAM AVE.2025-01$1,099,0001,472104.0%
6 THIRD ST.2026-04$909,0001,222108.1%
66 LAFAYETTE ST.2025-06$999,9991,400106.8%
10 BRUCE PLACE2026-03$948,50077.5%
19 MAPLEWOOD AVE.2026-05$1,145,0001,63995.6%
39 ALLEN ST.2026-06$1,500,0001,59277.8%
5 OAKWOOD LANE2025-04$1,200,0001,36082.7%
14 CHURCH ST.2026-04$1,500,0001,39078.5%
21 LINCOLN AVE.2026-04$1,113,0001,16189.5%
12 PARMLY ST.2026-04$900,0001,147102.4%
1 ROSALIE AVE.2026-04$1,250,0001,44482.5%
1 ROSALIE AVE.2026-03$999,9991,444103.1%

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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 →