The Fair Share Report
44 Compton Ave
Hazlet, NJ 07730
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 $447,762 – $575,814, from 12 comparable Hazlet 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 Hazlet assessments sit below market value — republished every October, applied town-wide. A $501,484 home should be assessed near $448,678.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $61,178 below what the ratio math suggests (13.6%).
Step 4 · The tax rate — same for every Hazlet home
$1.274 Schools · 66% $0.222 County · 11% $0.436 Town · 23%
This home's own bill implies $1.725 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Hazlet sale · assessed ÷ market
62%117%
Keep quiet and enjoy it
This home's assessment ratio sits below the Hazlet pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 1 ROSE TERRACE | 2026-03 | $475,000 | 1,324 | 97.1% |
| 63 SEVENTH STREET | 2025-01 | $450,000 | 1,280 | 104.2% |
| 39 LIBERTY PLACE | 2025-02 | $417,000 | 1,372 | 107.9% |
| 36 DARTMOUTH DRIVE | 2026-06 | $675,000 | 1,320 | 82.4% |
| 57 HUDSON AVENUE | 2025-06 | $420,000 | 1,171 | 105.0% |
| 30 BROWN AVENUE | 2026-06 | $425,000 | 1,078 | 93.7% |
| 18 CEDAR AVENUE | 2026-05 | $562,500 | 1,289 | 93.0% |
| 4 CLARK DRIVE | 2026-03 | $490,000 | 1,222 | 112.1% |
| 34 ELEVENTH STREET | 2025-06 | $440,000 | 1,491 | 98.3% |
| 78 LIBERTY PLACE | 2026-03 | $475,000 | 1,101 | 88.0% |
| 2024 FLORENCE AVENUE | 2026-05 | $645,000 | 1,352 | 82.5% |
| 4 LAFAYETTE DRIVE | 2026-01 | $612,000 | 1,380 | 85.5% |
Is this your house?
Run your own report →