The Fair Share Report
5 Brookside Dr
Warren, NJ 07060
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 $564,731 – $815,528, from 12 comparable Warren 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 Warren assessments sit below market value — republished every October, applied town-wide. A $633,344 home should be assessed near $639,107.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $227,907 below what the ratio math suggests (35.7%).
Step 4 · The tax rate — same for every Warren home
$1.140 Schools · 65% $0.333 County · 19% $0.279 Town · 16%
This home's own bill implies $1.575 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Warren sale · assessed ÷ market
45%109%
Keep quiet and enjoy it
This home's assessment ratio sits below the Warren pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 15 VALLEY VIEW ROAD | 2025-05 | $650,000 | 1,600 | 94.5% |
| 503 WARRENVILLE ROAD | 2025-04 | $875,000 | 1,576 | 98.4% |
| 13 INDIAN ROCK ROAD | 2025-03 | $625,000 | 1,693 | 101.8% |
| 4 ROCKAGE ROAD | 2025-04 | $750,000 | 1,394 | 90.6% |
| 56 WASHINGTON VALLEY ROAD | 2025-01 | $727,000 | 1,764 | 98.3% |
| 47 BROOKSIDE DRIVE | 2026-04 | $750,000 | 1,864 | 88.7% |
| 9 RED HILL ROAD | 2026-05 | $999,999 | 2,020 | 84.6% |
| 5 JENNIFER LANE | 2026-01 | $1,050,000 | 2,087 | 84.5% |
| 21 LENAPE TRAIL | 2026-05 | $925,000 | 2,086 | 81.3% |
| 15 SPRING LANE | 2026-05 | $680,000 | 2,140 | 103.8% |
| 3 EDMUND DRIVE | 2025-06 | $850,000 | 2,280 | 94.1% |
| 10 OLD FARM ROAD | 2026-05 | $732,000 | 2,228 | 107.1% |
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