The Fair Share Report
506 E Ave
Fairfield, NJ 08332
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 $145,000 – $282,500, from 12 comparable Fairfield sales in the past 18 months.
Step 2 · The Director's Ratio
The state's official measure of how far Fairfield assessments sit below market value — republished every October, applied town-wide. A $230,000 home should be assessed near $191,659.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $139,459 below what the ratio math suggests (72.8%).
Step 4 · The tax rate — same for every Fairfield home
$1.447 Schools · 49% $1.029 County · 35% $0.495 Town · 17%
Step 5 · The bill
This home vs. every recent Fairfield sale · assessed ÷ market
13%130%
Keep quiet and enjoy it
This home's assessment ratio sits below the Fairfield 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 |
|---|---|---|---|---|
| 519 BACK NECK RD | 2025-03 | $73,000 | 856 | 135.8% |
| 25 RAMAH RD | 2026-03 | $75,000 | 1,424 | 66.5% |
| 40 CEDAR LN | 2025-01 | $230,000 | 2,085 | 103.4% |
| 313 SHOEMAKER LN | 2026-01 | $145,000 | 960 | 88.7% |
| 227 FAIRTON MILLVILLE RD | 2026-02 | $150,000 | 1,356 | 103.0% |
| 173 BRIDGETON FAIRTON RD | 2025-05 | $265,000 | 1,308 | 53.5% |
| 250 BRIDGETON FAIRTON RD | 2025-05 | $255,000 | 1,440 | 64.0% |
| 330 CLARKS POND RD | 2025-04 | $265,000 | 1,092 | 57.9% |
| 19 WALDENS DR | 2026-02 | $300,000 | 1,040 | 57.6% |
| 16 WALDENS DR | 2025-12 | $260,000 | 960 | 53.4% |
| 6 BAREND ST | 2025-04 | $160,000 | 1,092 | 100.6% |
| 65 BRIDGETON FAIRTON RD | 2025-01 | $349,999 | 2,576 | 90.7% |
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