The Fair Share Report
6 Third St
Warren, NJ 07059
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 $672,012 – $922,056, from 12 comparable Warren 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 Warren assessments sit below market value — republished every October, applied town-wide. A $832,792 home should be assessed near $840,370.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $307,270 below what the ratio math suggests (36.6%).
Step 4 · The tax rate — same for every Warren home
$1.140 Schools · 65% $0.333 County · 19% $0.279 Town · 16%
This home's own bill implies $1.648 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Warren sale · assessed ÷ market
52%109%
Keep quiet and enjoy it
This home's assessment ratio sits below the Warren 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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 5 THORESEN ROAD | 2026-01 | $750,000 | 2,479 | 103.6% |
| 26 GATES AVENUE | 2026-01 | $760,000 | 1,897 | 84.7% |
| 16 FAIRFIELD AVENUE | 2025-02 | $850,000 | 2,286 | 96.6% |
| 22 LIVINGSTON AVENUE | 2026-02 | $520,000 | 2,135 | 86.1% |
| 4 KALMAN COURT | 2025-02 | $1,075,000 | 2,304 | 96.3% |
| 14 STILES ROAD | 2026-02 | $775,000 | 2,092 | 92.2% |
| 11 OLD STIRLING ROAD | 2026-02 | $465,000 | 1,471 | 119.4% |
| 91 HILLCREST ROAD | 2026-03 | $947,000 | 1,852 | 94.8% |
| 80 REINMAN ROAD | 2025-01 | $527,000 | 1,370 | 98.3% |
| 16 UPPER WARREN WAY | 2025-01 | $815,000 | 2,303 | 103.5% |
| 3 EDMUND DRIVE | 2025-06 | $850,000 | 2,280 | 94.1% |
| 31 JOHNS DR | 2025-06 | $1,195,000 | 2,887 | 95.4% |
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