The Fair Share Report

44 Maple Ave

Flemington, NJ 07079

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

≈ $380,824

Likely range $304,359 – $417,213, from 9 comparable Flemington sales in the past 18 months, at this home's 1,328 sq ft.

Step 2 · The Director's Ratio

100.39%

The state's official measure of how far Flemington assessments sit below market value — republished every October, applied town-wide. A $380,824 home should be assessed near $382,309.

Step 3 · Assessed value

$420,100

Set at the last town-wide revaluation and mostly frozen since. That's $37,791 above what the ratio math suggests (9.9%).

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

$2.735 per $100 assessed

$1.345 Schools · 49% $0.308 County · 11% $1.081 Town · 40%

This home's own bill implies $2.568 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$10,788/yr
Public schools$5,307
Hunterdon County$1,215
Town of Flemington$4,266
Flemington average$10,116

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

Town median 90.4%
This home · 110.3%

76%143%

Looks meaningfully over-assessed

Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (100.00%) — roughly $1,034/yr at stake. NJ appeals are generally due April 1.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
20 ALLEN ST2025-01$362,5001,15297.7%
4 BROWN ST2025-02$270,0001,206103.1%
6 BROWN ST2026-03$200,0001,120130.8%
8 VILLAGE COURT2026-03$565,5001,80086.4%
5 WILLIAM MARTIN WAY2026-01$460,0001,81689.7%
416 GEORGE WILSON BLVD2025-05$390,0001,36090.4%
18 MAPLE AVE2025-02$490,0002,138104.5%
1 WALTERS LANE2026-03$499,0001,71083.5%
20 BROWN ST2025-03$360,00097896.6%

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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 →