The Fair Share Report

67 E Main St

Flemington, NJ 08822

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

≈ $271,875

Likely range $154,286 – $318,037, from 5 comparable Flemington sales in the past 18 months, at this home's 864 sq ft.

Step 2 · The Director's Ratio

100.39%

The state's official measure of how far Flemington assessments sit below market value — republished every October, applied town-wide. A $271,875 home should be assessed near $272,935.

Step 3 · Assessed value

$295,400

Set at the last town-wide revaluation and mostly frozen since. That's $22,465 above what the ratio math suggests (8.2%).

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

$2.735 per $100 assessed

$1.345 Schools · 49% $0.308 County · 11% $1.081 Town · 40%

This home's own bill implies $2.566 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$7,579/yr
Public schools$3,728
Hunterdon County$854
Town of Flemington$2,997
Flemington average$10,116

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

Town median 90.4%
This home · 108.7%

76%197%

Paying about right

This home's ratio lands inside Flemington'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
6 BROWN ST2026-03$200,0001,120130.8%
20 BROWN ST2025-03$360,00097896.6%
4 BROWN ST2025-02$270,0001,206103.1%
44 MAPLE AVE2026-06$515,0001,32881.6%
20 ALLEN ST2025-01$362,5001,15297.7%

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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 →