The Fair Share Report
5 Ave A
Helmetta, NJ 08828
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 $256,812 – $301,241, from 12 comparable Helmetta 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 Helmetta assessments sit below market value — republished every October, applied town-wide. A $282,507 home should be assessed near $156,791.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $5,309 above what the ratio math suggests (3.4%).
Step 4 · The tax rate — same for every Helmetta home
$2.120 Schools · 60% $0.601 County · 17% $0.836 Town · 24%
This home's own bill implies $3.404 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Helmetta sale · assessed ÷ market
36%69%
Paying about right
This home's ratio lands inside Helmetta'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 |
|---|---|---|---|---|
| 23 OLD FORGE ROAD | 2026-03 | $311,250 | 1,296 | 66.1% |
| 37 RAILROAD AVENUE | 2026-06 | $257,500 | 1,026 | 62.1% |
| 48 LAKE AVE | 2025-02 | $161,000 | 804 | 107.1% |
| 1006 MEADOW CT. | 2026-03 | $295,000 | 1,039 | 42.9% |
| 2405 CANDLELIGHT CT. | 2025-09 | $300,000 | 1,039 | 42.2% |
| 102 RAINTREE CT. | 2025-09 | $285,000 | 1,039 | 47.1% |
| 710 MEADOW CT. | 2025-03 | $305,000 | 1,039 | 42.4% |
| 15 RAILROAD AVE | 2025-01 | $315,000 | 910 | 54.7% |
| 27 RAILROAD AVE | 2026-01 | $343,000 | 1,056 | 53.5% |
| 38 JOHN ST | 2025-08 | $280,000 | 1,072 | 58.3% |
| 17 AVENUE A | 2025-01 | $470,000 | 1,104 | 42.1% |
| 1305 STONERIDGE CIR. | 2026-05 | $360,000 | 1,198 | 39.8% |
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