The Fair Share Report

63 Windbeam Loop

Ringwood, NJ 07456

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

≈ $742,368

Likely range $632,549 – $835,283, from 12 comparable Ringwood sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

57.24%

The state's official measure of how far Ringwood assessments sit below market value — republished every October, applied town-wide. A $742,368 home should be assessed near $424,931.

Step 3 · Assessed value

$346,600

Set at the last town-wide revaluation and mostly frozen since. That's $78,331 below what the ratio math suggests (18.4%).

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

$4.259 per $100 assessed

$2.546 Schools · 60% $0.780 County · 18% $0.933 Town · 22%

Step 5 · The bill

$14,762/yr
Public schools$8,824
Passaic County$2,703
Town of Ringwood$3,234
Ringwood average$12,925

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

Town median 48.7%
This home · 46.7%

36%71%

Paying about right

This home's ratio lands inside Ringwood's normal band. The drift hasn't singled it out — no case for a tax appeal.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
58 BEARFORT TER2025-04$750,0002,70454.6%
107 HIGH MTN RD2025-06$590,0002,44949.5%
58 UPPER LAKEVIEW AVE2025-04$560,0002,29346.8%
146 CUPSAW DR2025-02$660,0003,03553.7%
10 JOSEPH LN2025-09$820,0002,59543.1%
48 BIRCH RD2025-10$610,0002,00242.2%
69 BUENA VISTA DR2026-06$694,0002,55443.5%
128 CUPSAW AVE2025-12$645,0002,87954.1%
8 BLACK ROCK TER2025-06$782,5002,78745.4%
105 UPPER LAKEVIEW AVE2025-08$738,9002,33551.1%
2 OAKWOOD DR2025-06$475,0002,28857.2%
20 LENAPE RD2025-05$575,0001,91848.7%

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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 →