The Fair Share Report

48 Maple Rd

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.

Step 1 · Market value

≈ $477,991

Likely range $434,009 – $607,584, 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 $477,991 home should be assessed near $273,602.

Step 3 · Assessed value

$206,200

Set at the last town-wide revaluation and mostly frozen since. That's $67,402 below what the ratio math suggests (24.6%).

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

$8,782/yr
Public schools$5,250
Passaic County$1,608
Town of Ringwood$1,924
Ringwood average$12,925

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

Town median 48.7%
This home · 43.1%

28%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
38 LAKEVIEW AVE2025-11$275,0001,39374.8%
76 WINDBEAM AVE2025-11$615,0001,42140.2%
390 LAKEVIEW AVE2026-05$450,0001,41052.3%
213 LAKEVIEW AVE2025-11$525,0001,41455.5%
61 VOORHIS PL2025-10$440,0001,27441.3%
129 SKYLINE LAKES DR2025-02$650,0001,53847.9%
257 CUPSAW DR2026-01$780,0001,45744.1%
8 BEECH CT2025-07$460,0001,37946.3%
58 HILLSIDE RD2025-07$510,0001,16043.5%
520 SKYLINE LAKES DR2025-09$451,0001,41852.1%
239 SKYLINE LAKES DR2025-12$560,0001,49548.0%
13 ELLEN ST2025-12$495,0001,52837.8%

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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 →