The Fair Share Report

4 Second St

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

≈ $2,702,381

Likely range $2,512,193 – $2,937,493, 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 $2,702,381 home should be assessed near $2,613,202.

Step 3 · Assessed value

$1,917,800

Set at the last town-wide revaluation and mostly frozen since. That's $695,402 below what the ratio math suggests (26.6%).

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 $0.912 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$17,489/yr
Public schools$9,903
Monmouth County$3,501
Town of Rumson$4,085
Rumson average$23,692

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

Town median 97.5%
This home · 71.0%

60%116%

Keep quiet and enjoy it

This home's assessment ratio sits below the Rumson 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
80 BINGHAM AVE.2026-04$2,310,0003,07468.4%
33 PARK AVE.2026-03$2,800,0003,19881.7%
10 BAY STREET2025-05$3,560,0003,45389.5%
43 BINGHAM AVE.2026-06$2,675,0002,90069.3%
62 AVE OF TWO RIVERS2025-05$2,795,0003,310100.2%
61 CENTER ST2026-04$2,410,0003,155107.2%
34 NAVESINK AVE2025-03$2,800,0003,52892.7%
46 RIDGE RD.2025-02$1,575,0003,558111.1%
84 WASHINGTON ST.2025-06$1,677,0003,108100.0%
90 WASHINGTON ST.2026-04$2,457,0003,10386.7%
39 WASHINGTON AVENUE2026-03$2,300,0003,13995.2%
42 RIDGE RD.2025-04$1,575,0002,163112.9%

Is this your house?

Run your own report →

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 →