The Fair Share Report

807 E Baldwin St

Hackettstown, NJ 07840

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

≈ $546,388

Likely range $495,746 – $672,600, from 12 comparable Hackettstown sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

74.38%

The state's official measure of how far Hackettstown assessments sit below market value — republished every October, applied town-wide. A $546,388 home should be assessed near $406,403.

Step 3 · Assessed value

$357,200

Set at the last town-wide revaluation and mostly frozen since. That's $49,203 below what the ratio math suggests (12.1%).

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

$3.477 per $100 assessed

$2.070 Schools · 60% $0.676 County · 19% $0.731 Town · 21%

Step 5 · The bill

$12,420/yr
Public schools$7,394
Warren County$2,415
Town of Hackettstown$2,611
Hackettstown average$9,665

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

Town median 58.7%
This home · 65.4%

46%91%

Paying about right

This home's ratio lands inside Hackettstown'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
702 HAMILTON DR2025-10$480,0002,04669.6%
602 E BALDWIN ST2025-06$496,0002,07865.4%
806 E BALDWIN ST2025-11$520,0002,01055.8%
508 HAMILTON DR2026-01$571,5002,37262.5%
802 E PROSPECT ST2026-04$600,0001,93265.9%
5 SEYMOUR TERR2025-11$445,0001,85068.1%
201 FOURTH AVE2025-06$440,0001,67268.1%
133 DEERFIELD DR2026-03$546,0001,93459.1%
3 JAMES CT2025-08$525,0002,41270.0%
500 E VALLEY VIEW AVE2026-04$570,0001,79562.3%
105 PLEASANT VIEW RD2025-08$572,0001,72854.3%
105 COLLEGE VIEW DR2026-05$430,0001,82169.0%

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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 →