The Fair Share Report

4 Post Rd

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

≈ $3,544,529

Likely range $3,322,033 – $4,009,750, from 12 comparable Rumson sales in the past 18 months, at this home's 6,306 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 $3,544,529 home should be assessed near $3,427,560.

Step 3 · Assessed value

$3,459,100

Set at the last town-wide revaluation and mostly frozen since. That's $31,540 above what the ratio math suggests (0.9%).

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 $0.923 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$31,929/yr
Public schools$18,080
Monmouth County$6,392
Town of Rumson$7,457
Rumson average$23,692

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

Town median 97.5%
This home · 97.6%

72%116%

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
58 BUENA VISTA AVE.2025-03$3,900,0006,369114.9%
20 SOMERSET DRIVE2025-05$3,400,0006,454105.2%
44 WARDELL AVENUE2025-02$3,075,0005,736102.4%
39 OAKES ROAD2026-01$3,499,0006,225100.0%
8 WOODS END ROAD2025-05$2,407,0005,490109.9%
4 AZALEA LANE2025-05$3,940,0004,85489.9%
129 AVE OF TWO RIVERS2026-01$4,500,0007,07797.5%
143 BINGHAM AVE.2026-05$5,200,0006,13692.5%
136 AVE OF TWO RIVERS2025-04$3,550,0005,508105.0%
132 AVE OF TWO RIVERS2026-04$4,025,0005,64277.1%
20 HARTSHORNE LN2025-06$3,450,0006,155103.1%
15 HARBOR DRIVE2026-05$4,620,0007,746105.9%

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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 →