The Fair Share Report
508 Devonshire Dr
Mantua, NJ 08080
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 $318,125 – $356,925, from 12 comparable Mantua 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 Mantua assessments sit below market value — republished every October, applied town-wide. A $344,808 home should be assessed near $294,225.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $72,925 below what the ratio math suggests (24.8%).
Step 4 · The tax rate — same for every Mantua home
$1.412 Schools · 56% $0.533 County · 21% $0.570 Town · 23%
Step 5 · The bill
This home vs. every recent Mantua sale · assessed ÷ market
57%104%
Keep quiet and enjoy it
This home's assessment ratio sits below the Mantua 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 |
|---|---|---|---|---|
| 501 DEVONSHIRE DR | 2026-02 | $390,000 | — | 78.6% |
| 15 LIVINGSTONE RD | 2026-03 | $303,000 | 1,303 | 93.3% |
| 290 MONTGOMERY DR | 2025-12 | $349,900 | 1,288 | 69.3% |
| 295 JACKSON RD | 2025-07 | $350,000 | 1,288 | 67.3% |
| 333 JACKSON RD | 2025-12 | $360,000 | 1,289 | 70.9% |
| 270 LANSING DR | 2026-06 | $320,000 | 1,248 | 71.0% |
| 284 COLUMBUS DR | 2026-03 | $354,900 | 1,248 | 72.6% |
| 19 LIVINGSTONE RD | 2026-06 | $300,000 | 1,356 | 88.0% |
| 643 BISMARCK AVE | 2025-04 | $271,000 | 1,248 | 91.7% |
| 189 DENVER AVE | 2025-08 | $360,000 | 1,327 | 72.6% |
| 366 MADISON RD | 2025-09 | $357,000 | 1,204 | 74.9% |
| 652 SANTA FE DR | 2025-07 | $317,000 | 1,200 | 81.5% |
Is this your house?
Run your own report →