The Fair Share Report
7 Pine Tree Ter
Holmdel, NJ 07751
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $731,173 – $920,677, from 12 comparable Holmdel sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Holmdel assessments sit below market value — republished every October, applied town-wide. A $772,557 home should be assessed near $770,548.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $94,448 below what the ratio math suggests (12.3%).
Step 4 · The tax rate — same for every Holmdel home
$1.063 Schools · 69% $0.207 County · 13% $0.268 Town · 17%
This home's own bill implies $1.414 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Holmdel sale · assessed ÷ market
68%113%
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 4 PINE TREE TERRACE | 2026-04 | $740,000 | 2,009 | 91.4% |
| 117 SEQUOIA WOODS COURT | 2026-03 | $940,000 | 1,985 | 89.1% |
| 24 PAINTED WAGON RD. | 2026-05 | $699,900 | 1,961 | 94.2% |
| 38 DURANT AVENUE | 2026-04 | $685,000 | 1,961 | 96.2% |
| 4 OXFORD RD. | 2026-02 | $715,000 | 1,961 | 89.5% |
| 29 PAINTED WAGON RD. | 2025-05 | $639,999 | 1,961 | 101.3% |
| 1 PAINTED WAGON RD. | 2025-03 | $700,000 | 1,961 | 102.0% |
| 31 DUTCH CT. | 2025-01 | $625,000 | 1,961 | 102.4% |
| 5 BAYBERRY DRIVE | 2025-02 | $915,000 | 2,150 | 99.3% |
| 22 WELLER PLACE | 2026-03 | $600,000 | 1,788 | 88.5% |
| 38 BRISTEL RD. | 2025-05 | $628,000 | 1,716 | 90.8% |
| 3 CHESTNUT RIDGE RD | 2026-06 | $1,200,000 | 2,587 | 81.0% |
Is this your house?
Run your own report →