The Fair Share Report

65 E River Rd Unit 4

Rumson, NJ 07760

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

≈ $1,519,943

Likely range $1,279,355 – $2,083,000, from 12 comparable Rumson sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

96.70%

The state's official measure of how far Rumson assessments sit below market value — republished every October, applied town-wide. A $1,519,943 home should be assessed near $1,469,785.

Step 3 · Assessed value

$867,300

Set at the last town-wide revaluation and mostly frozen since. That's $602,485 below what the ratio math suggests (41.0%).

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

$1.049 per $100 assessed

$0.594 Schools · 57% $0.210 County · 20% $0.245 Town · 23%

This home's own bill implies $0.943 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$8,182/yr
Public schools$4,633
Monmouth County$1,638
Town of Rumson$1,911
Rumson average$23,692

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

Town median 97.5%
This home · 57.1%

36%116%

Keep quiet and enjoy it

This home's assessment ratio sits below the Rumson pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

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

AddressSoldPriceSq ftRatio
86 LAFAYETTE STREET2026-03$1,999,9991,99778.7%
10 CHURCH ST.2025-04$1,392,0002,280100.0%
45 WASHINGTON ST2025-03$1,935,0002,11395.4%
105 BLACKPOINT RD2025-05$1,669,0002,068109.3%
41 FORREST AVE.2026-01$1,925,0002,00090.6%
44 AVE OF TWO RIVERS2026-03$975,0001,682103.1%
50 ALLEN ST.2026-03$1,225,0001,850114.6%
7 ALLEN ST.2025-05$1,450,0001,92898.8%
44 FIRST ST./CR.CHURCH ST2025-05$2,100,0002,21693.3%
4A THIRD STREET2026-05$1,200,0002,14990.0%
27 WATERMAN AVE.2025-06$3,300,0001,84893.2%
21 CEDAR AVENUE2025-03$1,100,0001,60195.0%

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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 →