The Fair Share Report

8 Daniel Dr

Hazlet, NJ 07730

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

≈ $637,108

Likely range $582,190 – $697,789, from 12 comparable Hazlet sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

89.47%

The state's official measure of how far Hazlet assessments sit below market value — republished every October, applied town-wide. A $637,108 home should be assessed near $570,021.

Step 3 · Assessed value

$605,200

Set at the last town-wide revaluation and mostly frozen since. That's $35,179 above what the ratio math suggests (6.2%).

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

$1.932 per $100 assessed

$1.274 Schools · 66% $0.222 County · 11% $0.436 Town · 23%

This home's own bill implies $1.815 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$10,983/yr
Public schools$7,242
Monmouth County$1,262
Town of Hazlet$2,479
Hazlet average$9,998

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

Town median 95.6%
This home · 95.0%

77%117%

Paying about right

This home's ratio lands inside Hazlet'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
7 KAYLEN PLACE2026-04$740,0001,773118.0%
14 WALTER DRIVE2025-04$611,0001,83184.3%
2061 FLORENCE AVENUE2026-06$555,0001,60088.5%
6 BROOKLAWN DRIVE2025-01$560,0001,595101.4%
20 GALWAY DRIVE2026-04$665,0001,976101.6%
6 LILLIAN DRIVE2025-04$585,0001,646104.3%
10 CEDAR AVENUE2025-04$685,0001,69785.8%
611 SOUTH LAUREL AVENUE2026-05$685,0001,83082.1%
20 CORNELL DRIVE2026-04$662,0001,76297.0%
25 GERALD TERRACE2026-06$630,0001,81894.0%
59 HOLLY AVENUE2026-06$562,0001,50488.9%
21 OREGON AVENUE2026-01$620,0001,649103.7%

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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 →