The Fair Share Report
47 Lyons Rd
Jefferson, NJ 07438
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 $603,529 – $725,612, from 12 comparable Jefferson 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 Jefferson assessments sit below market value — republished every October, applied town-wide. A $658,923 home should be assessed near $459,401.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $97,201 below what the ratio math suggests (21.2%).
Step 4 · The tax rate — same for every Jefferson home
$1.809 Schools · 60% $0.295 County · 10% $0.899 Town · 30%
Step 5 · The bill
This home vs. every recent Jefferson sale · assessed ÷ market
43%86%
Paying about right
This home's ratio lands inside Jefferson'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 |
|---|---|---|---|---|
| 76 NOTCH RD | 2025-04 | $612,500 | 2,166 | 75.1% |
| 16 COLONIAL CIR | 2025-10 | $599,000 | 2,038 | 58.1% |
| 128 CHINCOPEE RD | 2025-11 | $1,900,000 | 2,160 | 58.4% |
| 20 WINDJAMMER DR | 2026-05 | $680,000 | 2,246 | 59.7% |
| 14 WINDJAMMER DR | 2025-07 | $760,000 | 2,101 | 57.7% |
| 11 OVERHILL TER | 2025-02 | $735,000 | 2,396 | 62.4% |
| 95 SCHOOLHOUSE RD | 2025-08 | $705,000 | 2,124 | 51.9% |
| 7 TOPSAIL DR | 2025-11 | $720,000 | 2,332 | 57.9% |
| 5 FRANCINE PL | 2025-07 | $648,000 | 1,984 | 57.7% |
| 2 SANDY PT DR | 2025-06 | $900,000 | 2,104 | 51.2% |
| 19 DANBURY LN | 2026-03 | $560,000 | 2,128 | 58.5% |
| 5 PARK LN | 2026-04 | $630,000 | 1,902 | 67.0% |
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