The Fair Share Report

67 Second St

Highlands, NJ 07732

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

≈ $613,525

Likely range $401,711 – $657,413, from 12 comparable Highlands sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

98.82%

The state's official measure of how far Highlands assessments sit below market value — republished every October, applied town-wide. A $613,525 home should be assessed near $606,285.

Step 3 · Assessed value

$561,600

Set at the last town-wide revaluation and mostly frozen since. That's $44,685 below what the ratio math suggests (7.4%).

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

$1.709 per $100 assessed

$0.700 Schools · 41% $0.196 County · 11% $0.813 Town · 48%

This home's own bill implies $1.385 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$7,781/yr
Public schools$3,187
Monmouth County$892
Town of Highlands$3,701
Highlands average$8,981

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

Town median 99.8%
This home · 91.5%

76%145%

Paying about right

This home's ratio lands inside Highlands'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
52 WASHINGTON AVENUE2026-04$750,0001,28067.2%
11 CHEERFUL PLACE2026-04$825,0001,22767.4%
11 CHEERFUL PLACE2025-04$600,0001,22792.7%
230 BAY AVENUE2026-04$360,0001,134115.7%
52 BARBERIE AVENUE2026-05$699,0001,764100.1%
251 BAY AVENUE2026-04$571,00099293.7%
134 LINDEN AVE2025-01$390,0001,152103.2%
61 BARBARIE AVENUE2026-03$690,0001,38688.6%
15 WATERWITCH AVENUE2025-04$590,0001,254108.1%
45 PORTLAND ROAD2025-03$475,0001,440108.2%
58 BARBARIE AVENUE2025-04$640,0031,48295.6%
85 SEADRIFT AVENUE2025-02$604,9991,79697.6%

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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 →