The Fair Share Report

6 Devon Ct

Holmdel, NJ 07733

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

≈ $1,138,360

Likely range $991,428 – $1,487,030, from 12 comparable Holmdel sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

99.74%

The state's official measure of how far Holmdel assessments sit below market value — republished every October, applied town-wide. A $1,138,360 home should be assessed near $1,135,400.

Step 3 · Assessed value

$1,162,200

Set at the last town-wide revaluation and mostly frozen since. That's $26,800 above what the ratio math suggests (2.4%).

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

$1.538 per $100 assessed

$1.063 Schools · 69% $0.207 County · 13% $0.268 Town · 17%

This home's own bill implies $1.410 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$16,386/yr
Public schools$11,325
Monmouth County$2,205
Town of Holmdel$2,855
Holmdel average$15,894

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

Town median 97.7%
This home · 102.1%

73%123%

Paying about right

This home's ratio lands inside Holmdel'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
5 SENTRY CT2025-06$1,505,0002,97489.9%
13 SUNRISE CIRCLE2025-06$1,250,0003,359108.9%
6 BERKSHIRE COURT2025-04$1,150,0002,958101.0%
4 DOUGLAS DR2026-05$1,100,0003,09599.2%
4 ROCKY TOP COURT2025-06$979,9993,316108.7%
6 ARMAND COURT2025-04$991,5002,88296.3%
8 FALCONS RIDGE CIRCLE2025-06$1,300,0002,77294.5%
6 RAMBLING BROOK DR2025-01$1,070,0002,544104.0%
10 DEERCREST DR2026-03$1,100,0003,242103.5%
7 CINDY LN2025-02$871,7002,710103.3%
3 SENTRY CT2026-06$1,437,5002,70193.8%
7 CANYON WOODS CT2026-04$1,181,0002,74290.4%

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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 →