The Fair Share Report
7 Warner Rd
Fredon, NJ 07005
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 Fredon 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 Fredon home
$2.081 Schools · 66% $0.595 County · 19% $0.483 Town · 15%
Step 5 · The bill
The record, in full
Not enough closely-comparable recent sales in Fredon for a fairness verdict — the town's current median assessment ratio is 58.7%.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 41 STILLWATER RD | 2025-03 | $1,500,000 | 5,132 | 43.4% |
| 1 SCHINDLER CT | 2025-07 | $899,999 | 3,884 | 66.8% |
| 208 WILLOWS RD | 2026-04 | $838,000 | 2,870 | 51.0% |
| 27 OLD MIDDLEVILLE RD | 2026-05 | $602,000 | 2,486 | 54.9% |
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