The Fair Share Report

4 Robin 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

≈ $2,751,092

Likely range $2,294,365 – $3,110,888, from 12 comparable Rumson sales in the past 18 months (home size estimated from assessor data — range widened).

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 $2,751,092 home should be assessed near $2,660,306.

Step 3 · Assessed value

$2,474,400

Set at the last town-wide revaluation and mostly frozen since. That's $185,906 below what the ratio math suggests (7.0%).

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 $0.914 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$22,607/yr
Public schools$12,801
Monmouth County$4,526
Town of Rumson$5,280
Rumson average$23,692

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

Town median 97.5%
This home · 89.9%

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
34 NAVESINK AVE2025-03$2,800,0003,52892.7%
9 PACKER AVENUE2026-04$2,450,0002,91688.7%
17 WARREN STREET2025-01$1,525,0002,663103.8%
4 CIRCLE DRIVE2025-04$2,025,0003,32470.8%
9 N CHERRY LANE2026-06$2,351,0002,64276.8%
27 FORREST AVENUE2026-03$2,625,0003,70668.0%
4 OAKWOOD LANE2026-05$2,496,5002,55879.0%
10 BAY STREET2025-05$3,560,0003,45389.5%
17 BINGHAM AVENUE2026-02$2,550,0003,317104.1%
62 AVE OF TWO RIVERS2025-05$2,795,0003,310100.2%
43 BINGHAM AVE.2026-06$2,675,0002,90069.3%
46 RIDGE RD.2025-02$1,575,0003,558111.1%

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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 →