The Fair Share Report

46 Maple Rd

Ringwood, NJ 07070

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

≈ $502,723

Likely range $415,364 – $603,658, from 12 comparable Ringwood sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

57.24%

The state's official measure of how far Ringwood assessments sit below market value — republished every October, applied town-wide. A $502,723 home should be assessed near $287,759.

Step 3 · Assessed value

$192,500

Set at the last town-wide revaluation and mostly frozen since. That's $95,259 below what the ratio math suggests (33.1%).

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

$4.259 per $100 assessed

$2.546 Schools · 60% $0.780 County · 18% $0.933 Town · 22%

Step 5 · The bill

$8,199/yr
Public schools$4,901
Passaic County$1,502
Town of Ringwood$1,796
Ringwood average$12,925

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

Town median 48.7%
This home · 38.3%

26%71%

Paying about right

This home's ratio lands inside Ringwood'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
193 LAKEVIEW AVE2025-05$699,0001,43240.2%
61 VOORHIS PL2025-10$440,0001,27441.3%
38 LAKEVIEW AVE2025-11$275,0001,39374.8%
76 WINDBEAM AVE2025-11$615,0001,42140.2%
66 VOORHIS PL2025-02$220,0001,13286.2%
213 LAKEVIEW AVE2025-11$525,0001,41455.5%
239 SKYLINE LAKES DR2025-12$560,0001,49548.0%
16 WILDWOOD TER2026-04$530,0001,40843.3%
1 SYLVAN LN2025-10$455,0001,50243.5%
3 CANTERBURY RD2025-07$565,0001,15240.4%
219 SKYLINE LAKES DR2025-10$620,0001,30241.3%
520 SKYLINE LAKES DR2025-09$451,0001,41852.1%

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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 →