The Fair Share Report

64 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

≈ $494,025

Likely range $433,352 – $653,870, 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 $494,025 home should be assessed near $282,780.

Step 3 · Assessed value

$239,200

Set at the last town-wide revaluation and mostly frozen since. That's $43,580 below what the ratio math suggests (15.4%).

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%

This home's own bill implies $4.154 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$9,938/yr
Public schools$5,941
Passaic County$1,820
Town of Ringwood$2,177
Ringwood average$12,925

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

Town median 48.7%
This home · 48.4%

31%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
8 CEDAR RD2025-08$525,0001,40445.6%
454 CONKLINTOWN RD2025-12$535,0001,57446.5%
353 CONKLINTOWN RD2025-06$685,0001,52038.8%
13 ELLEN ST2025-12$495,0001,52837.8%
140 SKYLINE LAKES DR2026-05$450,0001,73652.0%
15 KINGSLEY RD2026-01$591,0001,71542.1%
55 SKYLINE LAKES DR2025-05$737,6001,50546.7%
257 CUPSAW DR2026-01$780,0001,45744.1%
520 SKYLINE LAKES DR2025-09$451,0001,41852.1%
44 WHALEBACK TER2025-02$530,0001,76847.9%
13 MT GLEN RD2025-02$300,0001,66053.3%
129 SKYLINE LAKES DR2025-02$650,0001,53847.9%

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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 →