The Fair Share Report

79 Third St

Fair Haven, NJ 07704

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

≈ $1,392,442

Likely range $1,075,018 – $1,490,691, from 12 comparable Fair Haven sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

93.90%

The state's official measure of how far Fair Haven assessments sit below market value — republished every October, applied town-wide. A $1,392,442 home should be assessed near $1,307,503.

Step 3 · Assessed value

$1,117,600

Set at the last town-wide revaluation and mostly frozen since. That's $189,903 below what the ratio math suggests (14.5%).

Step 4 · The tax rate — same for every Fair Haven home

$1.427 per $100 assessed

$0.899 Schools · 63% $0.217 County · 15% $0.311 Town · 22%

This home's own bill implies $1.142 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$12,759/yr
Public schools$8,038
Monmouth County$1,940
Town of Fair Haven$2,781
Fair Haven average$18,947

This home vs. every recent Fair Haven sale · assessed ÷ market

Town median 95.6%
This home · 80.3%

69%113%

Paying about right

This home's ratio lands inside Fair Haven'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
112 WILLOW ST2025-05$1,275,0002,06497.4%
84 CEDAR AVE2025-03$1,105,0001,872109.6%
49 JACKSON ST2026-04$1,500,0001,77674.6%
110 PARKER AVE2025-05$1,500,0002,064107.4%
141 OXFORD AVE2025-04$1,025,0002,01294.7%
10 S WOODLAND DR2026-06$1,990,0001,90678.6%
158 FAIR HAVEN RD2026-05$1,195,0001,55481.2%
69 HARVARD ROAD2026-01$1,422,5001,94977.7%
56 WOODLAND DR2026-03$1,620,0001,75484.5%
390 RIVER ROAD2026-05$940,0001,638115.7%
340 RIVER ROAD2026-03$1,520,0002,14874.5%
70 JACKSON ST2025-02$1,529,0002,07590.3%

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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 →