The Fair Share Report

6 Deer Path

Warren, NJ 07059

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

≈ $1,254,914

Likely range $786,323 – $1,359,350, from 12 comparable Warren sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

100.91%

The state's official measure of how far Warren assessments sit below market value — republished every October, applied town-wide. A $1,254,914 home should be assessed near $1,266,334.

Step 3 · Assessed value

$1,168,500

Set at the last town-wide revaluation and mostly frozen since. That's $97,834 below what the ratio math suggests (7.7%).

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

$1.752 per $100 assessed

$1.140 Schools · 65% $0.333 County · 19% $0.279 Town · 16%

This home's own bill implies $1.646 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$19,235/yr
Public schools$12,516
Somerset County$3,656
Town of Warren$3,063
Warren average$16,986

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

Town median 92.8%
This home · 93.1%

77%154%

Paying about right

This home's ratio lands inside Warren'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
20 WILLIAM PENN ROAD2026-05$1,300,0003,36379.2%
112 KING GEORGE ROAD2026-03$880,0003,316102.2%
34 CHRISTY DRIVE2025-03$1,925,0003,446104.2%
33 SKYLINE DRIVE2026-01$1,460,0003,40286.9%
18 NORTH ROAD2026-03$995,0003,77199.0%
1 FERNWOOD ROAD2026-01$750,0002,954116.5%
128 MOUNTAIN VIEW ROAD2025-04$1,325,0003,59083.2%
23 CROWN DRIVE2025-03$755,0002,91487.0%
7 GROUSE ROAD2025-05$999,9992,73089.0%
34 GREGORY LANE2025-05$990,0002,67294.0%
7 HORSESHOE ROAD2026-04$915,0002,80496.3%
80 OLD STIRLING ROAD2025-04$1,187,5003,07190.8%

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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 →