The Fair Share Report
424 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 $318,171 – $487,660, from 12 comparable Byram sales in the past 18 months, at this home's 1,074 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 $391,999 home should be assessed near $227,830.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $54,130 below what the ratio math suggests (23.8%).
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
30%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% |
| 10 CARLSON LN | 2025-10 | $383,000 | 994 | 45.8% |
| 6 BROAD AVE | 2025-05 | $485,000 | 1,060 | 44.0% |
| 9 NEWTON AVE | 2026-04 | $515,000 | 1,411 | 51.3% |
| 6 MAUGTAUG TRAIL | 2025-09 | $316,000 | 1,109 | 46.8% |
| 10 CRANBERRY LEDGE RD | 2025-07 | $390,000 | 1,056 | 42.9% |
| 6 KA-TON-AH TRAIL | 2025-08 | $235,000 | 1,027 | 55.4% |
| 6 BEECH ST | 2025-05 | $347,000 | 1,060 | 54.3% |
| 4 HARBOR VIEW DR | 2025-10 | $425,000 | 936 | 50.0% |
| 4 HARBOR VIEW DR | 2025-06 | $200,000 | 936 | 106.3% |
| 159 GLENSIDE TRAIL | 2026-06 | $450,000 | 1,248 | 48.4% |
| 19 DIVISION LN | 2025-10 | $710,000 | 1,267 | 27.1% |
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