The Fair Share Report
40 Third St
Roxbury, NJ 07847
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $432,893 – $635,262, from 12 comparable Roxbury sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Roxbury assessments sit below market value — republished every October, applied town-wide. A $578,952 home should be assessed near $373,135.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $79,735 below what the ratio math suggests (21.4%).
Step 4 · The tax rate — same for every Roxbury home
$1.792 Schools · 64% $0.336 County · 12% $0.693 Town · 25%
Step 5 · The bill
This home vs. every recent Roxbury sale · assessed ÷ market
41%80%
Paying about right
This home's ratio lands inside Roxbury's normal band. The drift hasn't singled it out — no case for a tax appeal.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 31 KING RD | 2025-02 | $850,000 | 1,600 | 53.3% |
| 31 N FIRST AVE | 2025-11 | $550,000 | 1,583 | 44.1% |
| 15 S DELL AVE | 2025-02 | $550,000 | 1,750 | 57.7% |
| 8 CORWIN ST | 2025-10 | $550,100 | 1,664 | 57.8% |
| 29 MAPLEDALE AVE | 2025-12 | $630,000 | 1,452 | 49.9% |
| 31 ST MARY DR | 2026-04 | $580,000 | 1,660 | 52.9% |
| 5 N SECOND AVE, KENVIL | 2025-10 | $373,000 | 1,440 | 70.3% |
| 5 N SECOND AVE, KENVIL | 2025-10 | $310,000 | 1,440 | 84.5% |
| 19 BASS DR | 2026-05 | $662,000 | 1,660 | 51.2% |
| 3 KADEL DR | 2025-05 | $650,000 | 1,720 | 51.6% |
| 20 CORWIN ST | 2026-01 | $390,000 | 1,554 | 63.6% |
| 3 RARITAN AVE | 2025-07 | $540,000 | 1,472 | 56.4% |
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