The Fair Share Report

7 Kill Rd

Knowlton, NJ 07832

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

≈ $553,479

Likely range $502,414 – $562,863, from 12 comparable Knowlton sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

50.27%

The state's official measure of how far Knowlton assessments sit below market value — republished every October, applied town-wide. A $553,479 home should be assessed near $278,234.

Step 3 · Assessed value

$240,700

Set at the last town-wide revaluation and mostly frozen since. That's $37,534 below what the ratio math suggests (13.5%).

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

$4.270 per $100 assessed

$2.742 Schools · 64% $1.030 County · 24% $0.499 Town · 12%

Step 5 · The bill

$10,280/yr
Public schools$6,600
Warren County$2,479
Town of Knowlton$1,201
Knowlton average$9,046

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

Town median 42.5%
This home · 43.5%

30%63%

Paying about right

This home's ratio lands inside Knowlton'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
11 CEMETERY RD2026-03$500,0002,09741.2%
126 MT PLEASANT RD2025-09$430,0002,17342.0%
26 COUNTRYSIDE RD2025-03$540,0002,31850.0%
68 COUNTRYSIDE RD2025-11$549,7002,20346.0%
53 LIME KILN RD2025-06$600,0002,05439.6%
8 WOODRUFF WAY2025-12$580,0002,54648.8%
27 KOECK RD2025-08$499,9002,00041.0%
8 BRANDS RD2025-01$635,0002,52746.5%
11 KILL RD2025-10$420,0001,69641.5%
1 AUTUMN DRIVE2025-06$550,0002,01644.7%
44 WALNUT RD2026-04$500,0001,71635.7%
13 SUSQUEHANNA LA2025-12$475,0001,77237.9%

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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 →