The Fair Share Report

6 Buttonwood Ln E

Rumson, NJ 07760

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.

Step 1 · Market value

≈ $2,465,686

Likely range $2,119,000 – $2,794,444, from 12 comparable Rumson sales in the past 18 months, at this home's 3,521 sq ft.

Step 2 · The Director's Ratio

96.70%

The state's official measure of how far Rumson assessments sit below market value — republished every October, applied town-wide. A $2,465,686 home should be assessed near $2,384,318.

Step 3 · Assessed value

$2,368,500

Set at the last town-wide revaluation and mostly frozen since. That's $15,818 below what the ratio math suggests (0.7%).

Step 4 · The tax rate — same for every Rumson home

$1.049 per $100 assessed

$0.594 Schools · 57% $0.210 County · 20% $0.245 Town · 23%

This home's own bill implies $0.950 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$22,503/yr
Public schools$12,742
Monmouth County$4,505
Town of Rumson$5,256
Rumson average$23,692

This home vs. every recent Rumson sale · assessed ÷ market

Town median 97.5%
This home · 96.1%

72%117%

Paying about right

This home's ratio lands inside Rumson's normal band. The drift hasn't singled it out — no case for a tax appeal.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
24 RIVERSIDE DR.2025-05$3,362,0003,59096.3%
7 IVINS PLACE2026-04$2,625,0003,50976.6%
34 NAVESINK AVE2025-03$2,800,0003,52892.7%
4 CIRCLE DRIVE2025-04$2,025,0003,32470.8%
16 HEATHCLIFF ROAD2026-01$2,600,0003,59479.3%
9 PACKER AVENUE2026-04$2,450,0002,91688.7%
5 CLOVER LANE2025-02$2,150,0004,18485.5%
17 SAILERS WAY2026-05$2,200,0004,071121.5%
2 WOODS END ROAD2025-05$2,500,0003,57091.8%
137 BINGHAM AVE.2026-02$2,499,9994,34199.2%
6 POND ROAD2025-05$3,000,0003,470112.5%
17 WARREN STREET2025-01$1,525,0002,663103.8%

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Estimates from public records — NJ MOD-IV assessments, SR1A usable sales, and Treasury/DCA rate tables. Your house has a history. Write the next chapter on Plotline →