The Fair Share Report
8 Maple St
Chatham, NJ 07928
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 $1,346,502 – $1,921,422, from 12 comparable Chatham 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 Chatham assessments sit below market value — republished every October, applied town-wide. A $1,389,887 home should be assessed near $1,162,918.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $117,782 above what the ratio math suggests (10.1%).
Step 4 · The tax rate — same for every Chatham home
$1.081 Schools · 64% $0.266 County · 16% $0.354 Town · 21%
Step 5 · The bill
This home vs. every recent Chatham sale · assessed ÷ market
56%102%
Paying about right
This home's ratio lands inside Chatham'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 |
|---|---|---|---|---|
| 73 GARDEN AVE | 2025-09 | $1,150,000 | 2,165 | 77.5% |
| 15 MAPLE ST | 2025-12 | $1,590,000 | 2,916 | 73.6% |
| 14 SCHINDLER CT | 2026-01 | $865,000 | 2,260 | 75.0% |
| 9 SCHINDLER CT | 2025-11 | $895,000 | 2,260 | 77.0% |
| 19 SCHINDLER CT | 2025-03 | $780,000 | 2,260 | 85.0% |
| 181 WESTON AVE | 2025-04 | $1,805,000 | 2,586 | 80.4% |
| 17 COLEMAN AVE W | 2025-12 | $1,380,800 | 2,571 | 84.5% |
| 29 WESTON AVE | 2025-06 | $2,180,000 | 2,743 | 74.8% |
| 177 WESTON AVE | 2026-06 | $2,305,000 | 2,636 | 60.0% |
| 29 RED RD | 2025-06 | $1,850,000 | 2,577 | 62.4% |
| 86 FAIRMOUNT AVE | 2025-02 | $1,400,000 | 2,586 | 65.7% |
| 28 LUM AVE | 2025-05 | $1,218,000 | 1,976 | 70.8% |
Is this your house?
Run your own report →