The Fair Share Report

43 Rumson Rd

Rumson, NJ 07760

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

≈ $2,835,765

Likely range $2,546,401 – $3,413,016, from 12 comparable Rumson sales in the past 18 months, at this home's 4,712 sq ft.

Step 2 · The Director's Ratio

96.70%

The state's official measure of how far Rumson assessments sit below market value — republished every October, applied town-wide. A $2,835,765 home should be assessed near $2,742,185.

Step 3 · Assessed value

$2,405,700

Set at the last town-wide revaluation and mostly frozen since. That's $336,485 below what the ratio math suggests (12.3%).

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

$1.049 per $100 assessed

$0.594 Schools · 57% $0.210 County · 20% $0.245 Town · 23%

This home's own bill implies $0.919 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$22,107/yr
Public schools$12,518
Monmouth County$4,426
Town of Rumson$5,163
Rumson average$23,692

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

Town median 97.5%
This home · 84.8%

65%116%

Paying about right

This home's ratio lands inside Rumson'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
20 HARTSHORNE LN2025-06$3,450,0006,155103.1%
6 POMPANO RD2025-05$2,625,0004,282107.8%
78 BELLEVUE AVE.2026-04$2,499,0004,73786.6%
4 AZALEA LANE2025-05$3,940,0004,85489.9%
7 SAILERS WAY2025-01$2,670,0004,46799.5%
137 BINGHAM AVE.2026-02$2,499,9994,34199.2%
45 WARDELL AVENUE2026-03$3,350,0004,62575.1%
5 CLOVER LANE2025-02$2,150,0004,18485.5%
2 BROOKSIDE DRIVE2025-05$2,800,0004,307106.0%
13 BUTTONWOOD LANE2026-06$4,825,0005,28482.7%
136 AVE OF TWO RIVERS2025-04$3,550,0005,508105.0%
17 SAILERS WAY2026-05$2,200,0004,071121.5%

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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 →