The Fair Share Report
52 Main St
Helmetta, NJ 08828
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 $533,901 – $771,565, from 5 comparable Helmetta 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 Helmetta assessments sit below market value — republished every October, applied town-wide. A $730,920 home should be assessed near $405,661.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $19,561 below what the ratio math suggests (4.8%).
Step 4 · The tax rate — same for every Helmetta home
$2.120 Schools · 60% $0.601 County · 17% $0.836 Town · 24%
Step 5 · The bill
This home vs. every recent Helmetta sale · assessed ÷ market
36%78%
Paying about right
This home's ratio lands inside Helmetta'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 |
|---|---|---|---|---|
| 45 LAKE AVE | 2025-09 | $400,000 | 1,656 | 58.6% |
| 2A LAKE AVENUE | 2025-06 | $723,000 | 1,994 | 56.6% |
| 8A NORTH SHORE BLVD. | 2025-05 | $685,000 | 2,163 | 53.2% |
| 6 GEORGE W HELME DRIVE | 2025-10 | $685,000 | 2,590 | 44.4% |
| 42 JOHN STREET | 2026-06 | $485,000 | 1,460 | 40.1% |
Is this your house?
Run your own report →