The Fair Share Report

75 Certain Ave

Franklin, NJ 08322

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

≈ $406,299

Likely range $336,377 – $487,576, from 12 comparable Franklin sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

58.44%

The state's official measure of how far Franklin assessments sit below market value — republished every October, applied town-wide. A $406,299 home should be assessed near $237,441.

Step 3 · Assessed value

$218,100

Set at the last town-wide revaluation and mostly frozen since. That's $19,341 below what the ratio math suggests (8.1%).

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

$3.741 per $100 assessed

$2.153 Schools · 58% $0.732 County · 20% $0.856 Town · 23%

Step 5 · The bill

$8,456/yr
Public schools$4,866
Gloucester County$1,655
Town of Franklin$1,935
Franklin average$7,095

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

Town median 51.0%
This home · 53.7%

37%74%

Paying about right

This home's ratio lands inside Franklin'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
18 CRYSTA CT2026-05$525,0002,13247.0%
1112 FRIES MILL RD2025-12$530,0002,13644.1%
512 LANTERN WAY2025-08$456,0001,81051.5%
764 TUCKAHOE RD2026-04$202,0001,78182.0%
743 PENNSYLVANIA AVE2025-08$449,8992,13642.3%
955 FEDERAL AVE2026-05$410,0001,66451.6%
468 HERMAN DR2025-08$435,0002,00854.6%
358 GARRISON RD2025-10$300,0001,66854.8%
1686 CATAWBA AVE2026-02$480,0002,24758.1%
2305 SHERIDAN AVE2025-05$385,0002,07646.5%
2305 SHERIDAN AVE2025-02$257,0402,07669.6%
205 LAKEVIEW AVE2025-04$335,0001,86249.8%

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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 →