The Fair Share Report

70 Second St

Hazlet, NJ 07734

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.

Step 1 · Market value

≈ $755,494

Likely range $679,822 – $779,431, from 12 comparable Hazlet sales in the past 18 months, at this home's 2,263 sq ft.

Step 2 · The Director's Ratio

89.47%

The state's official measure of how far Hazlet assessments sit below market value — republished every October, applied town-wide. A $755,494 home should be assessed near $675,940.

Step 3 · Assessed value

$502,500

Set at the last town-wide revaluation and mostly frozen since. That's $173,440 below what the ratio math suggests (25.7%).

Step 4 · The tax rate — same for every Hazlet home

$1.932 per $100 assessed

$1.274 Schools · 66% $0.222 County · 11% $0.436 Town · 23%

This home's own bill implies $1.761 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$8,847/yr
Public schools$5,834
Monmouth County$1,017
Town of Hazlet$1,997
Hazlet average$9,998

This home vs. every recent Hazlet sale · assessed ÷ market

Town median 95.6%
This home · 66.5%

59%117%

Keep quiet and enjoy it

This home's assessment ratio sits below the Hazlet pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
67 ESSEX AVENUE2026-06$705,0002,08897.2%
22A BEDLE ROAD2025-06$802,0002,20085.2%
4 TEMPLER WAY2026-04$820,0002,18876.8%
97 LAUREL AVENUE2025-06$590,0001,964103.0%
47 ANGELA CIRCLE2025-04$665,0001,93790.4%
74 BETHANY ROAD2025-02$500,0001,824103.2%
51 ANGELA CIRCLE2026-02$685,0001,97788.6%
12 CANNONBALL COURT2025-03$668,0002,150101.5%
13 CRESCI BOULEVARD2026-04$735,0002,13486.6%
3 BELFAST AVENUE2025-04$685,0002,13496.6%
34 HEMLOCK STREET2026-01$730,0002,35191.1%
34 HEMLOCK STREET2025-06$560,0002,351118.7%

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Estimates from public records — NJ MOD-IV assessments, SR1A usable sales, and Treasury/DCA rate tables. Your house has a history. Write the next chapter on Plotline →