The Fair Share Report

7 E Brook Dr

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

≈ $1,149,913

Likely range $982,899 – $1,322,977, from 12 comparable Holmdel sales in the past 18 months, at this home's 2,857 sq ft.

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 $1,149,913 home should be assessed near $1,146,923.

Step 3 · Assessed value

$1,114,000

Set at the last town-wide revaluation and mostly frozen since. That's $32,923 below what the ratio math suggests (2.9%).

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 $1.379 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$15,362/yr
Public schools$10,618
Monmouth County$2,068
Town of Holmdel$2,677
Holmdel average$15,894

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

Town median 97.7%
This home · 96.9%

79%119%

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
6 PARTRIDGE RUN2025-04$1,295,0002,83790.7%
4 DOUGLAS DR2026-05$1,100,0003,09599.2%
10 GOLDSMITH DR2026-04$1,259,0562,72690.7%
7 CINDY LN2025-02$871,7002,710103.3%
6 BERKSHIRE COURT2025-04$1,150,0002,958101.0%
9 LONGVIEW DRIVE2025-05$1,260,0002,721103.7%
6 ARMAND COURT2025-04$991,5002,88296.3%
5 SENTRY CT2025-06$1,505,0002,97489.9%
3 SENTRY CT2026-06$1,437,5002,70193.8%
2 DEERCREST DR2025-01$850,0002,721102.4%
7 CANYON WOODS CT2026-04$1,181,0002,74290.4%
3 EMORY PLACE2025-04$1,063,0003,22399.0%

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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 →