The Fair Share Report
45 Brookside Dr
Warren, NJ 07059
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 $1,561,604 – $2,152,485, from 12 comparable Warren 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 Warren assessments sit below market value — republished every October, applied town-wide. A $1,751,844 home should be assessed near $1,767,786.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $148,986 below what the ratio math suggests (8.4%).
Step 4 · The tax rate — same for every Warren home
$1.140 Schools · 65% $0.333 County · 19% $0.279 Town · 16%
This home's own bill implies $1.645 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Warren sale · assessed ÷ market
70%109%
Paying about right
This home's ratio lands inside Warren'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 |
|---|---|---|---|---|
| 102 IRIS COURT | 2026-05 | $675,000 | — | 103.8% |
| 165 JASMINE DRIVE | 2026-04 | $675,000 | — | 93.1% |
| 221 MYRTLE ROAD | 2026-03 | $830,000 | — | 89.9% |
| 15 MUNDY LANE | 2026-05 | $1,550,000 | 4,024 | 82.3% |
| 51 WASHINGTON VALLEY ROAD | 2026-01 | $1,999,999 | 4,703 | 98.0% |
| 20 WHISPERING WAY | 2025-04 | $1,720,000 | 4,321 | 93.3% |
| 1 MEYERS LANE | 2025-06 | $2,550,000 | 5,431 | 83.5% |
| 19 ROBIN ROAD | 2026-01 | $1,404,000 | 4,296 | 85.5% |
| 6 PHYLLIS COURT | 2025-06 | $1,100,000 | 3,735 | 99.8% |
| 6 STONEHEDGE COURT | 2026-04 | $2,485,000 | 3,883 | 81.6% |
| 38 WILLIAM PENN ROAD | 2025-05 | $1,400,000 | 4,980 | 97.2% |
| 12 GREGORY LANE | 2025-04 | $2,400,000 | 5,082 | 97.2% |
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