The Fair Share Report

5 E St

Freehold, NJ 07728

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

≈ $429,443

Likely range $396,220 – $518,164, from 12 comparable Freehold sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

94.54%

The state's official measure of how far Freehold assessments sit below market value — republished every October, applied town-wide. A $429,443 home should be assessed near $405,995.

Step 3 · Assessed value

$453,800

Set at the last town-wide revaluation and mostly frozen since. That's $47,805 above what the ratio math suggests (11.8%).

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

$2.004 per $100 assessed

$1.037 Schools · 52% $0.196 County · 10% $0.771 Town · 38%

This home's own bill implies $1.831 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$8,309/yr
Public schools$4,299
Monmouth County$813
Town of Freehold$3,197
Freehold average$8,838

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

Town median 97.3%
This home · 105.7%

77%123%

Paying about right

This home's ratio lands inside Freehold'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
85 PARKER STREET2025-05$510,0001,26098.9%
11 FACTORY STREET2026-04$410,0001,200116.8%
30 MC DERMOTT STREET2026-03$512,0001,22090.7%
34 SCHIVEREA AVENUE2026-04$480,0001,152124.2%
68 WEST GEORGE STREET2026-01$535,0001,153102.4%
18 FRANCES DRIVE2026-03$387,5001,15298.0%
34 BOWNE AVE2026-03$410,0001,232114.6%
25 UNION AVENUE2026-03$410,0001,232109.2%
82 STOKES ST2026-01$555,0001,13591.5%
29 UNION AVENUE2025-06$325,0001,152124.5%
35 STOKES & 32 BOWNE2025-04$770,0001,28471.8%
17 HELEN AVENUE2026-01$400,0001,114106.0%

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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 →