The Fair Share Report
405 Springbrook Trl
Byram, NJ 07871
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 $359,927 – $436,527, from 12 comparable Byram sales in the past 18 months, at this home's 1,196 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Byram assessments sit below market value — republished every October, applied town-wide. A $381,261 home should be assessed near $221,589.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $5,789 below what the ratio math suggests (2.6%).
Step 4 · The tax rate — same for every Byram home
$2.312 Schools · 58% $0.673 County · 17% $1.033 Town · 26%
Step 5 · The bill
This home vs. every recent Byram sale · assessed ÷ market
36%72%
Paying about right
This home's ratio lands inside Byram'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 |
|---|---|---|---|---|
| 165 GLENSIDE TRAIL | 2026-04 | $415,000 | 1,379 | 50.3% |
| 159 GLENSIDE TRAIL | 2026-06 | $450,000 | 1,248 | 48.4% |
| 50 SHERWOOD FOREST DR | 2025-02 | $460,000 | 1,196 | 49.9% |
| 1 KNUTE DR | 2025-01 | $463,900 | 1,310 | 51.7% |
| 6 MAUGTAUG TRAIL | 2025-09 | $316,000 | 1,109 | 46.8% |
| 10 CARLSON LN | 2025-10 | $383,000 | 994 | 45.8% |
| 6 BROAD AVE | 2025-05 | $485,000 | 1,060 | 44.0% |
| 18 CRANBERRY LEDGE RD | 2025-09 | $370,000 | 1,568 | 59.7% |
| 23 TAMARACK RD | 2024-12 | $460,000 | 1,443 | 52.1% |
| 9 NEWTON AVE | 2026-04 | $515,000 | 1,411 | 51.3% |
| 19 HEMLOCK RD | 2025-07 | $395,000 | 1,548 | 53.2% |
| 32 BROAD AVE | 2025-07 | $470,000 | 1,534 | 47.0% |
Is this your house?
Run your own report →