The Fair Share Report

4 Willowbrook 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

≈ $2,717,787

Likely range $2,269,464 – $3,290,321, 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 $2,717,787 home should be assessed near $2,628,100.

Step 3 · Assessed value

$3,317,900

Set at the last town-wide revaluation and mostly frozen since. That's $689,800 above what the ratio math suggests (26.2%).

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 $0.944 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$31,306/yr
Public schools$17,727
Monmouth County$6,267
Town of Rumson$7,312
Rumson average$23,692

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

Town median 97.5%
This home · 122.1%

72%152%

Looks meaningfully over-assessed

Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (100.00%) — roughly $7,236/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
46 RIDGE RD.2025-02$1,575,0003,558111.1%
10 RIDGE ROAD2026-06$3,900,0003,48970.7%
77 WATERMAN AVE.2026-05$2,990,0003,692115.3%
135 RIDGE ROAD2026-05$4,251,3224,09785.8%
10 BAY STREET2025-05$3,560,0003,45389.5%
85 BUENA VISTA AVENUE2025-02$2,650,0003,993107.1%
19 BELLEVUE AVE.2025-05$2,825,0004,045100.0%
41 BUENA VISTA AVE2025-04$2,450,0004,071100.0%
34 NAVESINK AVE2025-03$2,800,0003,52892.7%
2 WOODS END ROAD2025-05$2,500,0003,57091.8%
4 AZALEA LANE2025-05$3,940,0004,85489.9%
2 BROOKSIDE DRIVE2025-05$2,800,0004,307106.0%

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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 →