The Fair Share Report
41 Lantern Ln
Mansfield, NJ 08022
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 $317,780 – $408,619, from 12 comparable Mansfield 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 Mansfield assessments sit below market value — republished every October, applied town-wide. A $375,121 home should be assessed near $212,769.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $65,769 below what the ratio math suggests (30.9%).
Step 4 · The tax rate — same for every Mansfield home
$2.211 Schools · 69% $0.502 County · 16% $0.509 Town · 16%
Step 5 · The bill
This home vs. every recent Mansfield sale · assessed ÷ market
31%71%
Paying about right
This home's ratio lands inside Mansfield'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 |
|---|---|---|---|---|
| 14 COVERED BRIDGE CIRCLE | 2026-04 | $430,000 | 1,403 | 36.5% |
| 6 LAKE VIEW TERRACE | 2025-08 | $384,000 | 1,392 | 40.6% |
| 33 SUNSET LANE | 2025-10 | $415,000 | 1,403 | 37.9% |
| 49 WAGON WHEEL LANE | 2025-09 | $235,000 | 1,403 | 66.8% |
| 73 DEEP HOLLOW LANE NORTH | 2025-04 | $330,000 | 1,336 | 45.3% |
| 15 GREENBROOK DRIVE | 2025-03 | $450,000 | 1,432 | 38.1% |
| 48 WAGON WHEEL LANE | 2025-08 | $360,000 | 1,403 | 43.6% |
| 62 DEEP HOLLOW LANE NORTH | 2025-09 | $385,000 | 1,336 | 38.9% |
| 89 HORSESHOE LANE SOUTH | 2026-02 | $380,000 | 1,508 | 42.5% |
| 3 COVERED BRIDGE LANE | 2026-04 | $385,000 | 1,403 | 40.8% |
| 118 HILLTOP COURT | 2026-03 | $315,000 | 1,336 | 47.5% |
| 1 WILLOWWOOD COURT | 2025-08 | $418,000 | 1,324 | 35.5% |
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