The Fair Share Report

47 Maple Ave

Netcong, NJ 07834

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

≈ $558,905

Likely range $375,964 – $635,211, from 12 comparable Netcong sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

69.53%

The state's official measure of how far Netcong assessments sit below market value — republished every October, applied town-wide. A $558,905 home should be assessed near $388,607.

Step 3 · Assessed value

$312,100

Set at the last town-wide revaluation and mostly frozen since. That's $76,507 below what the ratio math suggests (19.7%).

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

$3.447 per $100 assessed

$2.168 Schools · 63% $0.290 County · 8% $0.989 Town · 29%

Step 5 · The bill

$10,758/yr
Public schools$6,766
Morris County$905
Town of Netcong$3,087
Netcong average$9,163

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

Town median 54.9%
This home · 55.8%

40%88%

Paying about right

This home's ratio lands inside Netcong'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
33 DELL AVE2025-01$375,0001,75080.9%
4 DELL AVE2025-01$280,0002,010103.0%
31 DELL AVE2025-08$520,0001,73653.5%
102 WILTOP RD2026-03$335,0001,86383.4%
81 STOLL ST2025-11$450,0001,56753.5%
23 LEDGEWOOD AVE2025-12$550,0001,83744.9%
9-11 STOLL ST2025-11$647,0002,28846.1%
41 COLLEGE RD2025-08$670,0001,81254.9%
45 STOLL ST2025-09$485,0001,68053.7%
78 KOCLAS DR2026-03$333,0001,73679.5%
1 TOGNO ST2025-04$535,0001,49563.3%
79 WILTOP RD2025-10$567,8251,60851.5%

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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 →