The Fair Share Report

7 Ebert Dr

Hillsborough, NJ 08844

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

≈ $739,271

Likely range $550,669 – $798,554, from 12 comparable Hillsborough sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

89.75%

The state's official measure of how far Hillsborough assessments sit below market value — republished every October, applied town-wide. A $739,271 home should be assessed near $663,496.

Step 3 · Assessed value

$674,300

Set at the last town-wide revaluation and mostly frozen since. That's $10,804 above what the ratio math suggests (1.6%).

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

$2.160 per $100 assessed

$1.455 Schools · 67% $0.363 County · 17% $0.342 Town · 16%

This home's own bill implies $2.117 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$14,275/yr
Public schools$9,616
Somerset County$2,399
Town of Hillsborough$2,260
Hillsborough average$12,852

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

Town median 89.6%
This home · 91.2%

74%128%

Paying about right

This home's ratio lands inside Hillsborough'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
201 HOMESTEAD ROAD2025-02$460,0002,40094.1%
490 NEW CENTRE ROAD2025-03$565,0002,18498.0%
20 MULFORD LANE2026-05$750,0002,18492.7%
730 TOWNSHIP LINE ROAD2026-03$750,0002,39279.6%
6 LYNDON DRIVE2025-05$875,0002,35091.3%
22 HILLCREST ROAD2026-01$490,0002,105132.5%
6 RIVERVIEW TERRACE2025-06$770,0002,55292.7%
2 BEVERLY DRIVE2026-02$825,0002,42284.7%
4 CARRIAGE WAY2026-03$700,0002,43195.2%
6 PLUMSTEAD WAY2025-06$685,0002,07096.9%
6 PLUMSTEAD WAY2025-03$532,0002,070124.8%
780 TOWNSHIP LINE ROAD2026-06$645,0001,82478.3%

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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 →