The Fair Share Report

65 Second St

Hazlet, NJ 07734

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

≈ $514,746

Likely range $431,277 – $571,724, from 12 comparable Hazlet sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

89.47%

The state's official measure of how far Hazlet assessments sit below market value — republished every October, applied town-wide. A $514,746 home should be assessed near $460,543.

Step 3 · Assessed value

$472,400

Set at the last town-wide revaluation and mostly frozen since. That's $11,857 above what the ratio math suggests (2.6%).

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

$1.932 per $100 assessed

$1.274 Schools · 66% $0.222 County · 11% $0.436 Town · 23%

This home's own bill implies $1.738 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$8,209/yr
Public schools$5,413
Monmouth County$943
Town of Hazlet$1,853
Hazlet average$9,998

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

Town median 95.6%
This home · 91.8%

77%117%

Paying about right

This home's ratio lands inside Hazlet'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
45 EIGHTH STREET2026-01$446,0001,172101.4%
34 ELEVENTH STREET2025-06$440,0001,49198.3%
21 JOHNSON TERRACE2026-04$575,0001,52286.2%
125 SIXTH STREET2026-02$304,0001,692110.3%
557B LLOYD ROAD2026-02$505,0001,72079.2%
59 HOLLY AVENUE2026-06$562,0001,50488.9%
20 FIFTH STREET2025-03$479,0002,059101.8%
39 LIBERTY PLACE2025-02$417,0001,372107.9%
63 SEVENTH STREET2025-01$450,0001,280104.2%
30 FIFTH STREET2025-01$375,0001,020100.2%
11 POPLAR AVENUE2026-04$460,0001,49899.0%
116 HUDSON AVENUE2026-06$540,0001,66384.5%

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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 →