The Fair Share Report
5 Second St
Warren, NJ 07866
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 $750,000 – $1,400,000, from 12 comparable Warren sales in the past 18 months.
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 $1,170,000 home should be assessed near $1,180,647.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $941,147 below what the ratio math suggests (79.7%).
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 $2.800 per $100 — well off the general rate. That usually means the town revalued since the last bill.
Step 5 · The bill
This home vs. every recent Warren sale · assessed ÷ market
12%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 |
|---|---|---|---|---|
| 39 OLD STIRLING ROAD | 2026-01 | $750,000 | 1,792 | 85.3% |
| 6 HARDWOOD COURT | 2026-01 | $1,389,088 | 3,967 | 90.4% |
| 4 SUGARWOOD WAY | 2025-03 | $1,175,000 | 2,788 | 104.6% |
| 16 WASHINGTON VALLEY ROAD | 2026-05 | $600,000 | 1,050 | 78.3% |
| 22 LIVINGSTON AVENUE | 2026-02 | $520,000 | 2,135 | 86.1% |
| 6 ELM AVENUE | 2026-03 | $800,000 | 1,320 | 100.0% |
| 24 GEIGER LANE | 2026-01 | $1,170,000 | 2,970 | 84.9% |
| 14 STILES ROAD | 2026-02 | $775,000 | 2,092 | 92.2% |
| 61 CHRISTY DRIVE | 2026-02 | $1,290,000 | 3,429 | 88.8% |
| 22 QUAIL RUN | 2025-06 | $1,635,000 | 4,165 | 89.6% |
| 22 OLD DUTCH ROAD | 2026-02 | $1,520,000 | 4,162 | 82.6% |
| 19 GLEN VIEW DRIVE | 2026-04 | $2,000,000 | 6,731 | 113.7% |
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