The Fair Share Report

42 Cherry Ln

Hampton, NJ 07860

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

≈ $473,223

Likely range $447,913 – $530,531, from 12 comparable Hampton sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

52.94%

The state's official measure of how far Hampton assessments sit below market value — republished every October, applied town-wide. A $473,223 home should be assessed near $250,524.

Step 3 · Assessed value

$256,500

Set at the last town-wide revaluation and mostly frozen since. That's $5,976 above what the ratio math suggests (2.4%).

Step 4 · The tax rate — same for every Hampton home

$3.494 per $100 assessed

$2.229 Schools · 64% $0.704 County · 20% $0.561 Town · 16%

Step 5 · The bill

$8,965/yr
Public schools$5,719
Sussex County$1,806
Town of Hampton$1,439
Hampton average$8,187

This home vs. every recent Hampton sale · assessed ÷ market

Town median 48.6%
This home · 54.2%

36%67%

Paying about right

This home's ratio lands inside Hampton'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
52 GLENCREST DR2025-11$460,0001,93850.4%
40 CYPRESS DR2025-09$310,0001,86860.7%
24 GLENCREST DR2025-07$488,8291,87445.2%
46 VAIL DR2026-05$555,0002,01247.5%
76 RT 5212026-02$499,0002,05242.5%
24 PLAZA DR2026-04$490,0002,01637.9%
23 FOREST DR2025-10$480,0002,06856.3%
6 WALPACK DR2025-02$425,0002,06445.6%
19 SHORE DR2025-06$500,0001,86460.3%
64 PLOTTS RD2025-08$435,0002,12760.2%
107 RT 5212025-08$445,0001,66061.1%
3 ROSELLI AVE2026-03$505,0001,59745.0%

Is this your house?

Run your own report →

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 →