The Fair Share Report
75 Pine St
Newton, NJ 07860
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 $343,476 – $433,947, from 12 comparable Newton 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 Newton assessments sit below market value — republished every October, applied town-wide. A $400,904 home should be assessed near $359,370.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $8,570 below what the ratio math suggests (2.4%).
Step 4 · The tax rate — same for every Newton home
$1.310 Schools · 49% $0.420 County · 16% $0.931 Town · 35%
This home's own bill implies $2.516 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Newton sale · assessed ÷ market
71%108%
Paying about right
This home's ratio lands inside Newton'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 |
|---|---|---|---|---|
| 14 RIDGE VIEW RD | 2026-04 | $330,000 | 1,356 | 97.0% |
| 15 FAIRVIEW AVE | 2026-06 | $440,000 | 1,322 | 79.2% |
| 11 RIDGEWOOD AVE | 2025-05 | $380,000 | 1,452 | 92.2% |
| 3 RIDGE VIEW RD | 2026-05 | $475,000 | 1,471 | 81.3% |
| 11 LINMOR AVE | 2025-04 | $434,000 | 1,484 | 81.2% |
| 49 SUSSEX ST | 2026-04 | $420,000 | 1,247 | 89.5% |
| 63 MERRIAM AVE | 2026-02 | $379,000 | 1,296 | 99.2% |
| 67 TRINITY ST | 2025-03 | $370,000 | 1,305 | 90.1% |
| 14 CLINTON ST | 2026-05 | $388,000 | 1,279 | 90.3% |
| 78 CARRIAGE LN | 2026-03 | $340,000 | 1,353 | 80.1% |
| 40 CARRIAGE LN | 2026-03 | $324,900 | 1,353 | 92.0% |
| 21 CARRIAGE LN | 2026-01 | $315,000 | 1,353 | 94.6% |
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