The Fair Share Report
601 Devonshire Dr
Mantua, NJ 08080
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 $376,931 – $503,610, from 12 comparable Mantua 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 Mantua assessments sit below market value — republished every October, applied town-wide. A $392,708 home should be assessed near $335,098.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $3,002 above what the ratio math suggests (0.9%).
Step 4 · The tax rate — same for every Mantua home
$1.412 Schools · 56% $0.533 County · 21% $0.570 Town · 23%
Step 5 · The bill
This home vs. every recent Mantua sale · assessed ÷ market
61%104%
Paying about right
This home's ratio lands inside Mantua'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 |
|---|---|---|---|---|
| 501 DEVONSHIRE DR | 2026-02 | $390,000 | — | 78.6% |
| 255 JACKSON RD | 2025-08 | $385,000 | 1,932 | 77.9% |
| 266 LANSING DR | 2025-02 | $375,700 | 1,900 | 83.0% |
| 666 BRIDGETON PK | 2025-07 | $380,000 | 1,854 | 76.0% |
| 160 E CUMBERLAND AVE | 2025-11 | $432,000 | 1,704 | 79.3% |
| 606 DEVONSHIRE DR | 2025-11 | $360,000 | 1,677 | 86.2% |
| 654 HELENA AVE | 2025-11 | $289,000 | 2,158 | 102.4% |
| 160 E MONMOUTH AVE | 2026-05 | $300,000 | 1,682 | 79.2% |
| 615 LESTERSHIRE DR | 2025-10 | $390,000 | 1,498 | 76.4% |
| 62 SOMERSET AVE | 2025-01 | $440,000 | 1,670 | 72.1% |
| 6 DOVER RD | 2026-05 | $415,000 | 1,430 | 77.6% |
| 202 W HUNTERDON AVE | 2025-11 | $379,900 | 1,672 | 70.3% |
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