The Fair Share Report

64 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.

Step 1 · Market value

≈ $982,730

Likely range $447,862 – $1,072,100, from 12 comparable Stafford sales in the past 18 months, at this home's 1,800 sq ft.

Step 2 · The Director's Ratio

51.85%

The state's official measure of how far Stafford assessments sit below market value — republished every October, applied town-wide. A $982,730 home should be assessed near $509,546.

Step 3 · Assessed value

$1,046,100

Set at the last town-wide revaluation and mostly frozen since. That's $536,554 above what the ratio math suggests (105.3%).

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

$2.623 per $100 assessed

$1.048 Schools · 40% $0.603 County · 23% $0.972 Town · 37%

This home's own bill implies $1.138 per $100 — well off the general rate. That usually means the town revalued since the last bill.

Step 5 · The bill

$11,901/yr
Public schools$4,755
Ocean County$2,736
Town of Stafford$4,410
Stafford average$7,775

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

Town median 95.4%
This home · 106.4%

78%239%

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 $14,074/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
52 ALBERT DRIVE2025-05$980,0001,79597.2%
79 BEVERLY LANE2025-03$1,140,0001,91482.0%
1374 PAUL BLVD2026-02$1,227,0001,931101.2%
36 JENNIE DRIVE2026-01$1,100,0001,822100.7%
128 MELANIE WAY2026-06$445,0001,94479.5%
44 RUTH DRIVE2025-01$1,050,0001,815102.6%
51 BARRY LANE2026-06$1,070,0001,593100.2%
25 HIGHLAND DRIVE2025-04$439,9001,76893.9%
4 MELANIE WAY2025-03$465,0001,91297.5%
1406 PAUL BLVD2025-05$1,202,0002,04885.5%
10 HAMPTON ROAD2026-02$390,0001,817102.8%
130 ATLANTIC HILLS BLVD2025-06$469,9001,77389.0%

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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 →