The Fair Share Report
47 Kill Rd
Knowlton, NJ 07832
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 $578,315 – $749,287, from 12 comparable Knowlton 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 Knowlton assessments sit below market value — republished every October, applied town-wide. A $701,271 home should be assessed near $352,529.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $11,829 below what the ratio math suggests (3.4%).
Step 4 · The tax rate — same for every Knowlton home
$2.742 Schools · 64% $1.030 County · 24% $0.499 Town · 12%
Step 5 · The bill
This home vs. every recent Knowlton sale · assessed ÷ market
30%64%
Paying about right
This home's ratio lands inside Knowlton'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 |
|---|---|---|---|---|
| 53 AUBLE RD | 2025-04 | $645,000 | 3,400 | 48.5% |
| 14 MEADOW RIDGE ROAD | 2025-03 | $678,000 | 3,030 | 50.4% |
| 15 MT PLEASANT RD | 2026-06 | $525,000 | 3,141 | 67.5% |
| 12 MEADOW RIDGE ROAD | 2025-06 | $710,000 | 2,995 | 46.6% |
| 95 AUBLE RD | 2026-01 | $725,000 | 3,207 | 56.5% |
| 22 KOECK RD | 2025-04 | $595,000 | 3,488 | 46.0% |
| 26 COUNTRYSIDE RD | 2025-03 | $540,000 | 2,318 | 50.0% |
| 78 LIME KILN RD | 2025-12 | $925,000 | 3,352 | 40.4% |
| 113 STONY BROOK RD | 2026-05 | $600,000 | 2,850 | 41.2% |
| 8 WOODRUFF WAY | 2025-12 | $580,000 | 2,546 | 48.8% |
| 1 WORTHINGTON ROAD | 2026-03 | $710,000 | 3,408 | 49.4% |
| 8 BRANDS RD | 2025-01 | $635,000 | 2,527 | 46.5% |
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