The Fair Share Report
6 Third St
Butler, NJ 07405
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $656,527 – $813,609, from 12 comparable Butler sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Butler assessments sit below market value — republished every October, applied town-wide. A $693,353 home should be assessed near $603,217.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $27,483 above what the ratio math suggests (4.6%).
Step 4 · The tax rate — same for every Butler home
$1.555 Schools · 62% $0.252 County · 10% $0.704 Town · 28%
This home's own bill implies $2.410 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Butler sale · assessed ÷ market
72%105%
Paying about right
This home's ratio lands inside Butler's normal band. The drift hasn't singled it out — no case for a tax appeal.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 76 CAREY AVE | 2026-04 | $795,000 | 2,382 | 77.1% |
| 39 ELM ST | 2025-04 | $650,000 | 1,895 | 76.8% |
| 98 HIGH ST | 2025-04 | $600,000 | 2,097 | 95.7% |
| 36 SUNSET AVE | 2025-03 | $529,900 | 2,143 | 90.4% |
| 21 STONY HILL RD | 2025-01 | $565,000 | 2,240 | 97.3% |
| 2 CARL G WHRITENOUR RD | 2025-05 | $603,000 | 2,072 | 96.3% |
| 96 CAREY AVE | 2026-06 | $626,000 | 2,190 | 82.3% |
| 139 SUNSET AVE | 2026-04 | $635,000 | 2,122 | 77.3% |
| 64 VALLEY RD | 2025-04 | $700,000 | 1,987 | 85.7% |
| 5 CHARLES A HABER JR CT | 2025-03 | $632,000 | 1,912 | 90.8% |
| 104 LEONARD RD | 2025-03 | $560,000 | 1,870 | 90.3% |
| 3 HAROLD J MATHEWS JR CT | 2026-04 | $620,000 | 1,736 | 87.4% |
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