The Fair Share Report

6 Hunter Dr

Springfield, NJ 08016

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

≈ $423,639

Likely range $361,346 – $511,036, from 12 comparable Springfield sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

57.52%

The state's official measure of how far Springfield assessments sit below market value — republished every October, applied town-wide. A $423,639 home should be assessed near $243,677.

Step 3 · Assessed value

$242,800

Set at the last town-wide revaluation and mostly frozen since. That's $877 below what the ratio math suggests (0.4%).

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

$3.372 per $100 assessed

$1.943 Schools · 58% $0.554 County · 16% $0.874 Town · 26%

Step 5 · The bill

$8,187/yr
Public schools$4,719
Burlington County$1,346
Town of Springfield$2,123
Springfield average$9,414

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

Town median 48.5%
This home · 57.3%

33%96%

Paying about right

This home's ratio lands inside Springfield'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
332 JULIUSTOWN RD2025-09$662,5002,27043.2%
120 GILBERT RD2025-05$278,0001,62698.2%
137 WARNER ROAD2025-06$580,0002,37442.4%
27719 MT PLEASANT RD2025-07$520,0001,58751.3%
343 JULIUSTOWN RD2025-03$450,0002,14263.4%
2707 MONMOUTH ROAD2026-04$458,0001,82639.0%
34 APPLEGATE ROAD2026-03$415,0001,54649.6%
240 BURRS ROAD2025-07$508,0002,18846.7%
137 ACCESS HWY2025-10$563,0001,96047.0%
13 WYNWOOD DRIVE2025-12$549,0002,32845.8%
931 JACKS MT HOLLY RD2025-10$369,0001,61135.7%
2472 MONMOUTH ROAD2025-11$145,0001,88484.2%

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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 →