The Fair Share Report

74 Windbeam Loop

Ringwood, NJ 07456

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

≈ $712,121

Likely range $614,750 – $771,847, from 12 comparable Ringwood sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

57.24%

The state's official measure of how far Ringwood assessments sit below market value — republished every October, applied town-wide. A $712,121 home should be assessed near $407,618.

Step 3 · Assessed value

$384,000

Set at the last town-wide revaluation and mostly frozen since. That's $23,618 below what the ratio math suggests (5.8%).

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

$4.259 per $100 assessed

$2.546 Schools · 60% $0.780 County · 18% $0.933 Town · 22%

Step 5 · The bill

$16,355/yr
Public schools$9,777
Passaic County$2,995
Town of Ringwood$3,583
Ringwood average$12,925

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

Town median 48.7%
This home · 53.9%

36%71%

Paying about right

This home's ratio lands inside Ringwood's normal band. The drift hasn't singled it out — no case for a tax appeal.

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

AddressSoldPriceSq ftRatio
50 ROGER CT2026-04$750,0002,97047.3%
8 BLACK ROCK TER2025-06$782,5002,78745.4%
58 BEARFORT TER2025-04$750,0002,70454.6%
191 BUENA VISTA DR2025-01$605,0002,53649.3%
7 LE BOUN BLVD2026-05$605,0002,75653.9%
76 CATHERINE CT2025-06$635,6002,41144.5%
128 CUPSAW AVE2025-12$645,0002,87954.1%
324 CUPSAW DR2026-01$714,0003,41253.4%
10 JOSEPH LN2025-09$820,0002,59543.1%
4 DOLORES DR2025-10$620,0002,40752.3%
107 CUPSAW DR2026-04$650,0003,33160.0%
27 BEAR MTN RD2026-05$621,0002,30049.5%

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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 →