The Fair Share Report

4 Third St

Stafford, NJ 08050

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

≈ $503,571

Likely range $454,790 – $616,763, from 12 comparable Stafford sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

51.85%

The state's official measure of how far Stafford assessments sit below market value — republished every October, applied town-wide. A $503,571 home should be assessed near $261,102.

Step 3 · Assessed value

$423,800

Set at the last town-wide revaluation and mostly frozen since. That's $162,698 above what the ratio math suggests (62.3%).

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

$2.623 per $100 assessed

$1.048 Schools · 40% $0.603 County · 23% $0.972 Town · 37%

This home's own bill implies $1.149 per $100 — well off the general rate. That usually means the town revalued since the last bill.

Step 5 · The bill

$4,871/yr
Public schools$1,946
Ocean County$1,120
Town of Stafford$1,805
Stafford average$7,775

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

Town median 95.4%
This home · 84.2%

63%114%

Looks meaningfully over-assessed

Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (59.63%) — roughly $4,268/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
25 STAFFORD AVENUE2025-03$535,0001,34476.0%
26 LITTLEWORTH MILL ROAD2026-01$430,0001,47699.6%
76 JENNIE DRIVE2026-06$1,126,0001,53081.0%
1466 MAIN STREET2026-04$362,0001,26277.5%
44 MARK DRIVE2025-03$875,0001,37278.9%
160 LEHIGH AVENUE2025-02$450,0001,34487.4%
242 CENTER STREET2025-04$561,0001,82480.1%
242 OUTBOARD AVENUE2026-03$485,0001,51182.9%
112 GUNWALE ROAD2026-05$526,0001,49486.7%
105 HATCH LANE2025-05$485,0001,49390.0%
927 BEACH HAVEN W BLVD2026-01$520,0001,428128.6%
159 SPINNAKER AVENUE2026-03$469,0001,52095.7%

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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 →