The Fair Share Report

7 E Jack St

Hazlet, NJ 07730

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

≈ $594,108

Likely range $521,930 – $677,783, from 12 comparable Hazlet sales in the past 18 months, at this home's 1,428 sq ft.

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 $594,108 home should be assessed near $531,548.

Step 3 · Assessed value

$573,400

Set at the last town-wide revaluation and mostly frozen since. That's $41,852 above what the ratio math suggests (7.9%).

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 $1.806 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$10,353/yr
Public schools$6,827
Monmouth County$1,190
Town of Hazlet$2,336
Hazlet average$9,998

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

Town median 95.6%
This home · 96.5%

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
12 FAIRVIEW LANE2026-05$620,0001,49192.9%
5 BARRIER DRIVE2026-06$640,0001,47690.8%
3 CORNELL DRIVE2026-05$676,5001,38082.5%
46 PARK VIEW DRIVE2026-03$500,0001,368108.4%
10 PACIFIC TERRACE2025-04$445,0001,497118.4%
9 PARK VIEW DRIVE2026-04$610,0001,36886.5%
10 GIBSON DRIVE2025-05$555,0001,334100.4%
8 BROOKLAWN DRIVE2025-04$547,9001,348100.8%
93 HAZLET AVENUE2025-05$400,0001,326111.1%
34 DARTMOUTH DRIVE2026-04$655,0001,38084.0%
19 WOODY TERRACE2026-02$490,0001,34494.1%
23 CORNELL DRIVE2026-03$710,0001,38086.0%

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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 →