The Fair Share Report
60 Patrick Dr
Stafford, NJ 08050
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 $683,701 – $1,328,502, from 12 comparable Stafford 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 Stafford assessments sit below market value — republished every October, applied town-wide. A $778,838 home should be assessed near $403,828.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $781,072 above what the ratio math suggests (193.4%).
Step 4 · The tax rate — same for every Stafford home
$1.048 Schools · 40% $0.603 County · 23% $0.972 Town · 37%
This home's own bill implies $1.151 per $100 — well off the general rate. That usually means the town revalued since the last bill.
Step 5 · The bill
This home vs. every recent Stafford sale · assessed ÷ market
78%179%
Looks meaningfully over-assessed
Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (59.63%) — roughly $20,488/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 116 GALLEON ROAD | 2025-05 | $780,000 | 2,684 | 97.0% |
| 114 BRYCE LANE | 2025-03 | $425,000 | 2,523 | 99.0% |
| 72 HENRY DRIVE | 2025-01 | $1,825,000 | 2,434 | 73.5% |
| 24 FARRAH DRIVE | 2025-05 | $449,000 | 2,845 | 99.7% |
| 80 BRYCE LANE | 2026-05 | $467,500 | 2,523 | 89.6% |
| 59 RUTH DRIVE | 2026-05 | $1,325,000 | 2,862 | 84.2% |
| 88 GLENN DRIVE | 2025-05 | $1,165,000 | 2,376 | 93.4% |
| 152 MORTON DRIVE | 2026-01 | $1,050,000 | 2,272 | 95.9% |
| 55 HAROLD LANE | 2025-01 | $600,000 | — | 87.6% |
| 1235 WINDLASS DRIVE | 2025-04 | $650,000 | 2,442 | 100.4% |
| 197 INLET AVENUE | 2026-05 | $635,000 | 2,435 | 102.3% |
| 44 CLAUDIA LANE | 2026-05 | $925,000 | 2,448 | 95.6% |
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