The Fair Share Report

5 E Brook Dr

Holmdel, NJ 07733

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

≈ $1,092,588

Likely range $893,222 – $1,338,139, from 12 comparable Holmdel sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

99.74%

The state's official measure of how far Holmdel assessments sit below market value — republished every October, applied town-wide. A $1,092,588 home should be assessed near $1,089,747.

Step 3 · Assessed value

$1,170,700

Set at the last town-wide revaluation and mostly frozen since. That's $80,953 above what the ratio math suggests (7.4%).

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

$1.538 per $100 assessed

$1.063 Schools · 69% $0.207 County · 13% $0.268 Town · 17%

This home's own bill implies $1.381 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$16,172/yr
Public schools$11,177
Monmouth County$2,177
Town of Holmdel$2,818
Holmdel average$15,894

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

Town median 97.7%
This home · 107.1%

82%137%

Paying about right

This home's ratio lands inside Holmdel'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
6 PARTRIDGE RUN2025-04$1,295,0002,83790.7%
7 CINDY LN2025-02$871,7002,710103.3%
10 GOLDSMITH DR2026-04$1,259,0562,72690.7%
2 DEERCREST DR2025-01$850,0002,721102.4%
4 DOUGLAS DR2026-05$1,100,0003,09599.2%
9 LONGVIEW DRIVE2025-05$1,260,0002,721103.7%
4 PARKWAY PLACE EAST2026-01$960,0002,469101.2%
34 S HOLMDEL RD2025-05$800,0002,43589.8%
6 BERKSHIRE COURT2025-04$1,150,0002,958101.0%
6 FLORA DR2026-04$1,477,5002,51572.3%
5 SENTRY CT2025-06$1,505,0002,97489.9%
6 ARMAND COURT2025-04$991,5002,88296.3%

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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 →