The Fair Share Report
500 Second Ave
Barrington, NJ 08007
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 $282,837 – $383,322, from 12 comparable Barrington 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 Barrington assessments sit below market value — republished every October, applied town-wide. A $325,743 home should be assessed near $183,947.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $27,047 below what the ratio math suggests (14.7%).
Step 4 · The tax rate — same for every Barrington home
$2.600 Schools · 52% $0.997 County · 20% $1.402 Town · 28%
Step 5 · The bill
This home vs. every recent Barrington sale · assessed ÷ market
32%70%
Paying about right
This home's ratio lands inside Barrington'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 |
|---|---|---|---|---|
| 111 TRENTON AVENUE | 2025-06 | $451,004 | 1,732 | 46.6% |
| 923 CHESTERFIELD RD | 2025-04 | $360,000 | 1,418 | 45.3% |
| 233 HAINES AVE | 2025-11 | $365,000 | 1,368 | 46.1% |
| 224 RICHARDS AVE | 2025-12 | $370,000 | 1,376 | 40.9% |
| 937 CLEMENTS BRIDGE RD | 2026-01 | $245,000 | 1,394 | 66.8% |
| 325 READING AVE | 2025-03 | $225,000 | 1,478 | 67.9% |
| 12 LAWRENCE AVE | 2025-03 | $345,000 | 1,461 | 45.7% |
| 518 FIFTH AVE | 2025-10 | $300,000 | 1,376 | 52.6% |
| 302 AUSTIN AVE | 2026-03 | $410,000 | 1,484 | 46.8% |
| 525 CHARLES AVE | 2026-03 | $300,000 | 1,472 | 58.7% |
| 106 ALBANY AVE | 2026-03 | $350,000 | 1,515 | 37.0% |
| 143 W GLOUCESTER PIKE | 2025-10 | $315,000 | 1,424 | 44.6% |
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