The Fair Share Report

4 Maple St

Andover, NJ 07860

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

≈ $402,824

Likely range $358,054 – $503,859, from 9 comparable Andover sales in the past 18 months, at this home's 1,712 sq ft.

Step 2 · The Director's Ratio

70.38%

The state's official measure of how far Andover assessments sit below market value — republished every October, applied town-wide. A $402,824 home should be assessed near $283,508.

Step 3 · Assessed value

$193,000

Set at the last town-wide revaluation and mostly frozen since. That's $90,508 below what the ratio math suggests (31.9%).

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

$3.300 per $100 assessed

$2.100 Schools · 64% $0.603 County · 18% $0.596 Town · 18%

Step 5 · The bill

$6,369/yr
Public schools$4,054
Sussex County$1,164
Town of Andover$1,151
Andover average$7,893

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

Town median 55.9%
This home · 47.9%

33%86%

Keep quiet and enjoy it

This home's assessment ratio sits below the Andover pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
6 PROSPECT ST2025-02$400,0001,70057.1%
5 RAILROAD AVE2025-12$385,0001,62056.2%
3 SMITH ST2026-01$450,0001,52948.5%
8 BRIGHTON AVE2025-12$439,0002,20855.9%
15 BRIGHTON AVE2025-07$430,0002,05659.9%
54 LENAPE RD2025-09$410,0001,92055.8%
7 BRIGHTON AVE2025-06$520,0002,49746.9%
191 LINDLEY CT2026-06$310,00098463.2%
8 BRANDON CT2025-08$700,0002,25655.4%

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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 →