The Fair Share Report
7 Post Rd
Netcong, NJ 07857
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 $390,446 – $555,826, from 12 comparable Netcong 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 Netcong assessments sit below market value — republished every October, applied town-wide. A $449,034 home should be assessed near $312,213.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $65,213 below what the ratio math suggests (20.9%).
Step 4 · The tax rate — same for every Netcong home
$2.168 Schools · 63% $0.290 County · 8% $0.989 Town · 29%
Step 5 · The bill
This home vs. every recent Netcong sale · assessed ÷ market
39%85%
Paying about right
This home's ratio lands inside Netcong'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 |
|---|---|---|---|---|
| 81 STOLL ST | 2025-11 | $450,000 | 1,567 | 53.5% |
| 110-116 STOLL ST | 2025-12 | $850,000 | 1,320 | 62.5% |
| 26 MAPLE AVE | 2026-02 | $335,000 | 1,452 | 69.4% |
| 98 MAIN ST | 2025-12 | $525,000 | 1,422 | 42.9% |
| 72 KOCLAS DR | 2025-05 | $335,000 | 1,186 | 72.1% |
| 97 MAIN ST | 2025-09 | $380,000 | 1,222 | 46.2% |
| 97-99 ALLEN ST | 2025-02 | $502,000 | 1,520 | 51.8% |
| 33 LEDGEWOOD AVE | 2025-01 | $375,000 | 1,344 | 53.2% |
| 49 ALLEN ST | 2026-06 | $442,500 | 1,384 | 57.3% |
| REAR COLLEGE RD | 2025-05 | $375,000 | 1,536 | 60.1% |
| 15 NORTH ST | 2025-06 | $445,000 | 1,178 | 48.5% |
| 13 BARONE ST | 2025-03 | $481,000 | 1,108 | 46.0% |
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