The Fair Share Report
47 Windbeam Loop
Ringwood, NJ 07456
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 $633,458 – $744,316, from 12 comparable Ringwood sales in the past 18 months, at this home's 2,651 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Ringwood assessments sit below market value — republished every October, applied town-wide. A $698,870 home should be assessed near $400,033.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $5,967 above what the ratio math suggests (1.5%).
Step 4 · The tax rate — same for every Ringwood home
$2.546 Schools · 60% $0.780 County · 18% $0.933 Town · 22%
Step 5 · The bill
This home vs. every recent Ringwood sale · assessed ÷ market
36%71%
A touch high — worth watching
This home's ratio sits above most of Ringwood, but doesn't clear NJ's legal appeal line (65.83%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 7 LE BOUN BLVD | 2026-05 | $605,000 | 2,756 | 53.9% |
| 4 WANAQUE TER | 2025-05 | $686,000 | 2,637 | 45.7% |
| 4 DOLORES DR | 2025-10 | $620,000 | 2,407 | 52.3% |
| 191 BUENA VISTA DR | 2025-01 | $605,000 | 2,536 | 49.3% |
| 50 ROGER CT | 2026-04 | $750,000 | 2,970 | 47.3% |
| 58 BEARFORT TER | 2025-04 | $750,000 | 2,704 | 54.6% |
| 76 CATHERINE CT | 2025-06 | $635,600 | 2,411 | 44.5% |
| 320 STONETOWN RD | 2025-07 | $698,105 | 2,340 | 42.0% |
| 8 BLACK ROCK TER | 2025-06 | $782,500 | 2,787 | 45.4% |
| 10 JOSEPH LN | 2025-09 | $820,000 | 2,595 | 43.1% |
| 111 BUENA VISTA DR | 2025-08 | $480,000 | 2,377 | 64.3% |
| 30 SERPENTINE RD | 2025-06 | $705,000 | 2,324 | 49.8% |
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