The Fair Share Report
7 Ruby Dr
Jefferson, NJ 07438
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 $635,745 – $772,422, from 12 comparable Jefferson 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 Jefferson assessments sit below market value — republished every October, applied town-wide. A $692,110 home should be assessed near $482,539.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $36,939 below what the ratio math suggests (7.7%).
Step 4 · The tax rate — same for every Jefferson home
$1.809 Schools · 60% $0.295 County · 10% $0.899 Town · 30%
Step 5 · The bill
This home vs. every recent Jefferson sale · assessed ÷ market
43%86%
Paying about right
This home's ratio lands inside Jefferson'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 |
|---|---|---|---|---|
| 7 TOPSAIL DR | 2025-11 | $720,000 | 2,332 | 57.9% |
| 14 WINDJAMMER DR | 2025-07 | $760,000 | 2,101 | 57.7% |
| 20 WINDJAMMER DR | 2026-05 | $680,000 | 2,246 | 59.7% |
| 11 OVERHILL TER | 2025-02 | $735,000 | 2,396 | 62.4% |
| 128 CHINCOPEE RD | 2025-11 | $1,900,000 | 2,160 | 58.4% |
| 16 COLONIAL CIR | 2025-10 | $599,000 | 2,038 | 58.1% |
| 30 LARK LN | 2025-07 | $753,000 | 2,640 | 56.1% |
| 76 NOTCH RD | 2025-04 | $612,500 | 2,166 | 75.1% |
| 22 MT CREST RD | 2025-03 | $575,000 | 2,376 | 63.8% |
| 19 PADEREWSKI RD | 2025-09 | $635,000 | 2,318 | 51.0% |
| 3 MACKENZIE LN | 2025-08 | $810,000 | 2,500 | 58.2% |
| 98 ESPANONG RD | 2025-04 | $575,000 | 2,364 | 55.5% |
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