The Fair Share Report

7 Devon Ct

Holmdel, NJ 07733

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

≈ $1,084,721

Likely range $934,957 – $1,332,888, from 12 comparable Holmdel sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

99.74%

The state's official measure of how far Holmdel assessments sit below market value — republished every October, applied town-wide. A $1,084,721 home should be assessed near $1,081,901.

Step 3 · Assessed value

$1,019,900

Set at the last town-wide revaluation and mostly frozen since. That's $62,001 below what the ratio math suggests (5.7%).

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

$1.538 per $100 assessed

$1.063 Schools · 69% $0.207 County · 13% $0.268 Town · 17%

This home's own bill implies $1.412 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$14,400/yr
Public schools$9,953
Monmouth County$1,938
Town of Holmdel$2,509
Holmdel average$15,894

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

Town median 97.7%
This home · 94.0%

71%115%

Paying about right

This home's ratio lands inside Holmdel'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
18 HUNTLEY ROAD2025-05$943,0002,540103.4%
6 RAMBLING BROOK DR2025-01$1,070,0002,544104.0%
5 WINTHROP DR2026-05$1,281,0002,55087.9%
15 GOLDSMITH DR2026-02$970,0002,410101.6%
3 SENTRY CT2026-06$1,437,5002,70193.8%
7 CINDY LN2025-02$871,7002,710103.3%
34 S HOLMDEL RD2025-05$800,0002,43589.8%
7 CANYON WOODS CT2026-04$1,181,0002,74290.4%
4 PARKWAY PLACE EAST2026-01$960,0002,469101.2%
10 GOLDSMITH DR2026-04$1,259,0562,72690.7%
5 SENTRY CT2025-06$1,505,0002,97489.9%
9 LONGVIEW DRIVE2025-05$1,260,0002,721103.7%

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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 →