The Fair Share Report
7 Smith St
Andover, NJ 07970
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 2 · The Director's Ratio
The state's official measure of how far Andover assessments sit below market value — republished every October, applied town-wide.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since.
Step 4 · The tax rate — same for every Andover home
$2.100 Schools · 64% $0.603 County · 18% $0.596 Town · 18%
Step 5 · The bill
The record, in full
Not enough closely-comparable recent sales in Andover for a fairness verdict — the town's current median assessment ratio is 55.9%.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 7 BRIGHTON AVE | 2025-06 | $520,000 | 2,497 | 46.9% |
| 15 BRIGHTON AVE | 2025-07 | $430,000 | 2,056 | 59.9% |
| 3 SMITH ST | 2026-01 | $450,000 | 1,529 | 48.5% |
| 5 RAILROAD AVE | 2025-12 | $385,000 | 1,620 | 56.2% |
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