The Fair Share Report
6 Case Ave
Readington, NJ 08873
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 $524,739 – $574,342, from 12 comparable Readington sales in the past 18 months, at this home's 1,800 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Readington assessments sit below market value — republished every October, applied town-wide. A $554,007 home should be assessed near $384,647.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $126,147 below what the ratio math suggests (32.8%).
Step 4 · The tax rate — same for every Readington home
$1.708 Schools · 61% $0.506 County · 18% $0.584 Town · 21%
Step 5 · The bill
This home vs. every recent Readington sale · assessed ÷ market
40%85%
Keep quiet and enjoy it
This home's assessment ratio sits below the Readington 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 |
|---|---|---|---|---|
| 14 WHITEHOUSE AVE | 2025-09 | $485,000 | 1,520 | 56.8% |
| 53 OLD HWY 28 | 2025-10 | $687,420 | 2,248 | 63.5% |
| 32 OAKLAND DR W | 2025-11 | $605,000 | 1,897 | 63.3% |
| 521 RT 523 | 2025-06 | $553,000 | 1,797 | 61.0% |
| 253 LAUREL CT | 2025-09 | $530,000 | 1,722 | 65.1% |
| 85 VIOLET CT | 2025-08 | $502,000 | 1,722 | 67.1% |
| 21 DAISY CT | 2025-07 | $550,000 | 1,722 | 61.4% |
| 44 MYRTLE CT | 2025-01 | $477,500 | 1,722 | 70.7% |
| 1107 SOUTH BRANCH DR | 2026-01 | $615,000 | 1,716 | 59.5% |
| 18 KLINE BLVD | 2025-07 | $637,500 | 2,432 | 65.3% |
| 95 HUCKLEBERRY CT | 2026-04 | $310,000 | 1,664 | 53.4% |
| 1305 SOUTH BRANCH DR | 2026-05 | $608,000 | 1,952 | 59.8% |
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