The Fair Share Report

41 Springbrook Dr

Long Hill, NJ 07933

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

≈ $742,937

Likely range $662,312 – $879,501, from 12 comparable Long Hill sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

87.94%

The state's official measure of how far Long Hill assessments sit below market value — republished every October, applied town-wide. A $742,937 home should be assessed near $653,339.

Step 3 · Assessed value

$652,800

Set at the last town-wide revaluation and mostly frozen since. That's $539 below what the ratio math suggests (0.1%).

Step 4 · The tax rate — same for every Long Hill home

$2.201 per $100 assessed

$1.367 Schools · 62% $0.250 County · 11% $0.585 Town · 27%

This home's own bill implies $1.934 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$12,627/yr
Public schools$7,839
Morris County$1,434
Town of Long Hill$3,355
Long Hill average$13,699

This home vs. every recent Long Hill sale · assessed ÷ market

Town median 83.9%
This home · 87.9%

66%105%

Paying about right

This home's ratio lands inside Long Hill's normal band. The drift hasn't singled it out — no case for a tax appeal.

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

AddressSoldPriceSq ftRatio
55 CARLTON RD2026-06$950,0001,94871.3%
172 CLOVER HILL RD2025-05$855,0001,89074.5%
61 MORRISTOWN RD2025-04$720,0002,05191.3%
1165 LONG HILL RD2025-03$665,0001,89293.1%
5 FOREST DR2026-04$837,0002,16369.5%
580 HERITAGE RD2026-06$945,0002,11477.3%
22 CIRCLE DR2025-05$800,0002,23885.0%
209 NORTHFIELD RD2026-06$985,0002,31667.7%
50 COTTAGE PL2026-01$785,0002,13986.8%
100 COTTAGE PL2025-06$970,0002,19279.6%
705 MEYERSVILLE RD2025-04$998,0002,46678.5%
56 E RAYBURN RD2026-05$857,0002,51378.8%

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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 →