The Fair Share Report
52 Second St
Highlands, NJ 07732
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 $653,803 – $922,813, from 12 comparable Highlands 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 Highlands assessments sit below market value — republished every October, applied town-wide. A $836,204 home should be assessed near $826,337.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $98,837 below what the ratio math suggests (12.0%).
Step 4 · The tax rate — same for every Highlands home
$0.700 Schools · 41% $0.196 County · 11% $0.813 Town · 48%
This home's own bill implies $1.466 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Highlands sale · assessed ÷ market
73%117%
Paying about right
This home's ratio lands inside Highlands'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 |
|---|---|---|---|---|
| 28 SECOND STREET | 2026-02 | $950,000 | 2,083 | 103.5% |
| 121 MARINA BAY COURT | 2025-06 | $695,000 | 1,920 | 99.9% |
| 72 FOURTH STREET | 2026-01 | $1,100,000 | 2,310 | 68.8% |
| 14 LIGHTHOUSE POINT ROAD | 2026-06 | $1,637,000 | 2,280 | 86.2% |
| 25 MILLER STREET | 2025-04 | $793,000 | 1,422 | 89.1% |
| 14 SEADRIFT AVENUE | 2026-04 | $920,000 | 1,560 | 81.5% |
| 1 SEA BIRD LANE | 2025-01 | $990,000 | 2,394 | 100.0% |
| 10 CENTRAL AVENUE | 2025-05 | $910,000 | 1,852 | 99.3% |
| 207 MARINA DR UNIT 4 | 2026-04 | $765,000 | 1,994 | 67.4% |
| 39-D JACKSON ST. | 2025-05 | $537,000 | 1,440 | 101.2% |
| 315-D SHORE DRIVE | 2026-05 | $520,000 | 1,636 | 92.4% |
| 315-B SHORE DRIVE | 2025-06 | $510,000 | 1,636 | 100.1% |
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