The Fair Share Report

6 Sharp Rd

Frankford, NJ 07826

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

≈ $326,307

Likely range $289,469 – $517,456, from 12 comparable Frankford sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

61.83%

The state's official measure of how far Frankford assessments sit below market value — republished every October, applied town-wide. A $326,307 home should be assessed near $201,756.

Step 3 · Assessed value

$126,200

Set at the last town-wide revaluation and mostly frozen since. That's $75,556 below what the ratio math suggests (37.4%).

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

$3.039 per $100 assessed

$1.995 Schools · 66% $0.613 County · 20% $0.431 Town · 14%

Step 5 · The bill

$3,836/yr
Public schools$2,519
Sussex County$774
Town of Frankford$544
Frankford average$8,317

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

Town median 48.6%
This home · 38.7%

19%77%

Keep quiet and enjoy it

This home's assessment ratio sits below the Frankford 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)

AddressSoldPriceSq ftRatio
17 STEMPERT RD2026-05$340,0001,01443.1%
66 BONNING RD2025-08$550,0001,04059.4%
25 PRICE RD2026-04$365,0001,13249.0%
163 US HIGHWAY 2062025-11$475,0001,00838.6%
467 US HIGHWAY 2062025-11$200,0001,56082.5%
55 EAST SHORE CULVER RD2025-08$190,00090769.5%
24 LAKEVIEW POINT AVE2025-09$530,00098436.5%
25 E SHORE LK OWASSA RD2026-04$425,0001,82748.4%
110 LOWER NORTH SHORE RD2025-08$584,0001,09761.7%
63 BAUER RD2025-10$290,00092444.3%
8 WORTHINGTON RD2026-03$430,00097034.9%
224 PLAINS RD2025-09$238,50081658.4%

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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 →