The Fair Share Report

6 Learn Rd

Knowlton, NJ 07832

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

≈ $321,331

Likely range $256,952 – $374,706, from 12 comparable Knowlton sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

50.27%

The state's official measure of how far Knowlton assessments sit below market value — republished every October, applied town-wide. A $321,331 home should be assessed near $161,533.

Step 3 · Assessed value

$118,900

Set at the last town-wide revaluation and mostly frozen since. That's $42,633 below what the ratio math suggests (26.4%).

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

$4.270 per $100 assessed

$2.742 Schools · 64% $1.030 County · 24% $0.499 Town · 12%

Step 5 · The bill

$5,078/yr
Public schools$3,260
Warren County$1,225
Town of Knowlton$593
Knowlton average$9,046

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

Town median 42.5%
This home · 37.0%

26%63%

Paying about right

This home's ratio lands inside Knowlton'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
31 HEMLOCK RD2025-11$490,0001,35038.1%
11 KILL RD2025-10$420,0001,69641.5%
55 DELAWARE RD2025-11$505,0001,45037.7%
26 IVAN RD2025-01$508,0001,24047.0%
31 RTE 462025-09$400,0001,32237.4%
27 KOECK RD2025-08$499,9002,00041.0%
44 WALNUT RD2026-04$500,0001,71635.7%
126 MT PLEASANT RD2025-09$430,0002,17342.0%
11 CEMETERY RD2026-03$500,0002,09741.2%
7 NORTH TERRACE RD2025-11$405,0001,26032.8%
5 PINE TREE LA2025-08$375,0001,16936.1%
19 BRUGLER RD2025-05$583,0001,68439.9%

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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 →