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.
This home's full record →Check another house →
Step 1 · Market value
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
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
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
$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
This home vs. every recent Long Hill sale · assessed ÷ market
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 55 CARLTON RD | 2026-06 | $950,000 | 1,948 | 71.3% |
| 172 CLOVER HILL RD | 2025-05 | $855,000 | 1,890 | 74.5% |
| 61 MORRISTOWN RD | 2025-04 | $720,000 | 2,051 | 91.3% |
| 1165 LONG HILL RD | 2025-03 | $665,000 | 1,892 | 93.1% |
| 5 FOREST DR | 2026-04 | $837,000 | 2,163 | 69.5% |
| 580 HERITAGE RD | 2026-06 | $945,000 | 2,114 | 77.3% |
| 22 CIRCLE DR | 2025-05 | $800,000 | 2,238 | 85.0% |
| 209 NORTHFIELD RD | 2026-06 | $985,000 | 2,316 | 67.7% |
| 50 COTTAGE PL | 2026-01 | $785,000 | 2,139 | 86.8% |
| 100 COTTAGE PL | 2025-06 | $970,000 | 2,192 | 79.6% |
| 705 MEYERSVILLE RD | 2025-04 | $998,000 | 2,466 | 78.5% |
| 56 E RAYBURN RD | 2026-05 | $857,000 | 2,513 | 78.8% |
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