The Fair Share Report
7 Robert Rd
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $607,545 – $692,168, from 12 comparable Hazlet 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 Hazlet assessments sit below market value — republished every October, applied town-wide. A $638,997 home should be assessed near $571,711.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $51,289 above what the ratio math suggests (9.0%).
Step 4 · The tax rate — same for every Hazlet home
$1.274 Schools · 66% $0.222 County · 11% $0.436 Town · 23%
This home's own bill implies $1.820 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Hazlet sale · assessed ÷ market
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 14 WALTER DRIVE | 2025-04 | $611,000 | 1,831 | 84.3% |
| 7 KAYLEN PLACE | 2026-04 | $740,000 | 1,773 | 118.0% |
| 20 GALWAY DRIVE | 2026-04 | $665,000 | 1,976 | 101.6% |
| 611 SOUTH LAUREL AVENUE | 2026-05 | $685,000 | 1,830 | 82.1% |
| 25 GERALD TERRACE | 2026-06 | $630,000 | 1,818 | 94.0% |
| 2061 FLORENCE AVENUE | 2026-06 | $555,000 | 1,600 | 88.5% |
| 308 STONE ROAD | 2026-03 | $667,900 | 1,932 | 89.2% |
| 20 CORNELL DRIVE | 2026-04 | $662,000 | 1,762 | 97.0% |
| 7 MEADOW COURT | 2026-04 | $731,000 | 1,828 | 81.9% |
| 16 GALWAY DRIVE | 2026-04 | $795,000 | 2,134 | 102.2% |
| 6 LILLIAN DRIVE | 2025-04 | $585,000 | 1,646 | 104.3% |
| 10 CEDAR AVENUE | 2025-04 | $685,000 | 1,697 | 85.8% |
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