The Fair Share Report
8 Devon Ct
Holmdel, NJ 07733
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 $1,189,863 – $1,472,574, from 12 comparable Holmdel 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 Holmdel assessments sit below market value — republished every October, applied town-wide. A $1,300,836 home should be assessed near $1,297,454.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $18,946 above what the ratio math suggests (1.5%).
Step 4 · The tax rate — same for every Holmdel home
$1.063 Schools · 69% $0.207 County · 13% $0.268 Town · 17%
This home's own bill implies $1.428 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Holmdel sale · assessed ÷ market
84%116%
Paying about right
This home's ratio lands inside Holmdel'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 |
|---|---|---|---|---|
| 7 PEACH TREELANE | 2025-01 | $1,425,000 | 3,693 | 96.2% |
| 45 GALLOPING HILL CIRCLE | 2026-03 | $1,230,000 | 3,818 | 111.5% |
| 13 DORA LANE | 2025-05 | $1,440,000 | 3,627 | 102.3% |
| 8 ASPEN CT | 2026-02 | $1,285,000 | 3,964 | 94.4% |
| 23 STONEY BROOK ROAD | 2026-05 | $1,350,000 | 3,948 | 94.7% |
| 7 RED COACH LANE | 2026-02 | $1,500,000 | 3,859 | 99.4% |
| 43 STONEY BROOK ROAD | 2025-01 | $1,421,000 | 3,593 | 101.9% |
| 10 HIDDEN HOLLOW TERR | 2025-04 | $1,100,000 | 3,320 | 100.7% |
| 3 FOREST PARK CT | 2026-02 | $1,465,000 | 4,014 | 95.7% |
| 3 GEORJEAN DRIVE | 2025-04 | $1,180,000 | 3,485 | 91.5% |
| 4 TAKOLUSA DR | 2026-05 | $1,200,000 | 3,852 | 100.3% |
| 4 TAKOLUSA DR | 2025-04 | $1,080,000 | 3,852 | 111.5% |
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