The Fair Share Report
53 Appleton Dr
Hazlet, NJ 07730
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 $524,097 – $649,733, from 12 comparable Hazlet 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 Hazlet assessments sit below market value — republished every October, applied town-wide. A $577,138 home should be assessed near $516,365.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $71,735 above what the ratio math suggests (13.9%).
Step 4 · The tax rate — same for every Hazlet home
$1.274 Schools · 66% $0.222 County · 11% $0.436 Town · 23%
This home's own bill implies $1.805 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Hazlet sale · assessed ÷ market
77%118%
Paying about right
This home's ratio lands inside Hazlet'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 |
|---|---|---|---|---|
| 21 HEMLOCK STREET | 2026-01 | $615,000 | 1,531 | 100.3% |
| 17 DUBLIN LANE | 2026-05 | $705,000 | 1,540 | 87.5% |
| 2061 FLORENCE AVENUE | 2026-06 | $555,000 | 1,600 | 88.5% |
| 10 PACIFIC TERRACE | 2025-04 | $445,000 | 1,497 | 118.4% |
| 6 BROOKLAWN DRIVE | 2025-01 | $560,000 | 1,595 | 101.4% |
| 6 LILLIAN DRIVE | 2025-04 | $585,000 | 1,646 | 104.3% |
| 12 FAIRVIEW LANE | 2026-05 | $620,000 | 1,491 | 92.9% |
| 5 BARRIER DRIVE | 2026-06 | $640,000 | 1,476 | 90.8% |
| 11 BIRCH AVENUE | 2025-03 | $399,000 | 1,361 | 135.1% |
| 21 JOHNSON TERRACE | 2026-04 | $575,000 | 1,522 | 86.2% |
| 10 CEDAR AVENUE | 2025-04 | $685,000 | 1,697 | 85.8% |
| 59 HOLLY AVENUE | 2026-06 | $562,000 | 1,504 | 88.9% |
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