The Fair Share Report
8 Donna Dr
Oldmans, NJ 08067
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.
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Step 1 · Market value
Likely range $104,509 – $258,878, from 12 comparable Oldmans sales in the past 18 months, at this home's 985 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Oldmans assessments sit below market value — republished every October, applied town-wide. A $202,744 home should be assessed near $163,594.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $52,294 below what the ratio math suggests (32.0%).
Step 4 · The tax rate — same for every Oldmans home
$1.223 Schools · 45% $1.279 County · 47% $0.197 Town · 7%
Step 5 · The bill
This home vs. every recent Oldmans sale · assessed ÷ market
38%121%
Paying about right
This home's ratio lands inside Oldmans'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 |
|---|---|---|---|---|
| 1 DONNA DR | 2026-06 | $246,000 | 936 | 46.8% |
| 19 DONNA DR | 2025-03 | $120,000 | 1,131 | 108.8% |
| 48 S RAILROAD AVE | 2025-06 | $107,500 | 1,010 | 163.3% |
| 83 PENNSVL-PEDRICKTN RD | 2025-02 | $216,000 | 960 | 72.1% |
| 63 PORCUPINE RD | 2025-03 | $240,000 | 1,166 | 62.5% |
| 123 PENNSVL-PEDRICKTN RD | 2026-05 | $266,000 | 896 | 40.2% |
| 110 N RAILROAD AVE | 2025-09 | $120,000 | 1,248 | 102.3% |
| 6 PORCUPINE RD | 2026-04 | $270,000 | 1,344 | 59.7% |
| 33 N RAILROAD AVE | 2026-03 | $105,000 | 1,310 | 117.4% |
| 93 PENNSVL-PEDRICKTN RD | 2025-08 | $324,000 | 1,496 | 66.0% |
| 8 FERRELLS LANE | 2025-09 | $281,875 | 1,248 | 68.3% |
| 2 LERRO RD | 2025-06 | $375,000 | 1,256 | 59.2% |
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