The Fair Share Report

8 Brookside Rd

Netcong, NJ 07857

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

≈ $508,476

Likely range $438,279 – $537,381, from 12 comparable Netcong sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

69.53%

The state's official measure of how far Netcong assessments sit below market value — republished every October, applied town-wide. A $508,476 home should be assessed near $353,543.

Step 3 · Assessed value

$275,900

Set at the last town-wide revaluation and mostly frozen since. That's $77,643 below what the ratio math suggests (22.0%).

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

$3.447 per $100 assessed

$2.168 Schools · 63% $0.290 County · 8% $0.989 Town · 29%

Step 5 · The bill

$9,510/yr
Public schools$5,982
Morris County$800
Town of Netcong$2,729
Netcong average$9,163

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

Town median 54.9%
This home · 54.3%

40%85%

Paying about right

This home's ratio lands inside Netcong'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
79 WILTOP RD2025-10$567,8251,60851.5%
1 TOGNO ST2025-04$535,0001,49563.3%
5 DOGWOOD RD2026-05$460,0001,36863.3%
90 KOCLAS DR2025-05$520,0001,48153.4%
102 WILTOP RD2026-03$335,0001,86383.4%
28 HILLSIDE AVE2026-06$500,0001,44048.0%
41 COLLEGE RD2025-08$670,0001,81254.9%
81 STOLL ST2025-11$450,0001,56753.5%
5 MCMULLEN ST2025-12$525,0001,73253.3%
5 LOCUST ST2025-08$450,0001,33955.3%
49 ALLEN ST2026-06$442,5001,38457.3%
23 HIGHLAND AVE2025-07$315,0001,24876.0%

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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 →