The Fair Share Report
7 Springbrook Ter
Jefferson, NJ 07849
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 $504,787 – $585,750, 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 $533,347 home should be assessed near $371,850.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $66,850 below what the ratio math suggests (18.0%).
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 |
|---|---|---|---|---|
| 6 ROSEMONT RD | 2025-06 | $515,000 | 1,612 | 66.6% |
| 95 SCHWARZ BLVD | 2025-02 | $555,000 | 1,672 | 47.5% |
| 5 DELAWARE AVE | 2025-10 | $469,000 | 1,684 | 66.0% |
| 17 HOPI TRL | 2025-09 | $530,000 | 1,689 | 58.8% |
| 28 HIGHLAND RD | 2026-01 | $515,000 | 1,482 | 57.0% |
| 12 BENEDICT DR | 2025-06 | $875,000 | 1,708 | 48.8% |
| 7 SHENANDOAH CRES | 2025-12 | $515,000 | 1,600 | 58.4% |
| 60 WOODLAWN TER | 2025-08 | $574,500 | 1,532 | 46.4% |
| 60 WOODLAWN TER | 2024-12 | $260,000 | 1,532 | 102.4% |
| 9 COMMODORE DR | 2025-11 | $495,000 | 1,592 | 59.5% |
| 10 FAWN TER | 2025-09 | $680,000 | 1,668 | 50.0% |
| 120 NEW JERSEY AVE | 2025-12 | $440,000 | 1,429 | 51.0% |
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