The Fair Share Report
809 Pinehurst Rd
Plumsted, NJ 08533
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 $651,797 – $842,247, from 12 comparable Plumsted 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 Plumsted assessments sit below market value — republished every October, applied town-wide. A $712,520 home should be assessed near $412,335.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $284,065 above what the ratio math suggests (68.9%).
Step 4 · The tax rate — same for every Plumsted home
$2.255 Schools · 72% $0.543 County · 17% $0.351 Town · 11%
This home's own bill implies $1.890 per $100 — well off the general rate. That usually means the town revalued since the last bill.
Step 5 · The bill
This home vs. every recent Plumsted sale · assessed ÷ market
77%112%
Looks meaningfully over-assessed
Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (66.55%) — roughly $8,942/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 353 FIELDCREST DR | 2026-03 | $690,000 | 2,372 | 90.9% |
| 28 LAUREN LN | 2026-02 | $725,000 | 2,690 | 98.9% |
| 1 HEMLOCK DR | 2026-03 | $835,000 | 2,500 | 89.3% |
| 215 E COLLIERS MILL RD | 2025-01 | $1,085,000 | 2,856 | 91.3% |
| 6 HYACINTH CT | 2025-04 | $850,000 | 2,616 | 90.3% |
| 409A E MILLSTREAM RD | 2025-03 | $625,000 | 2,208 | 96.4% |
| 218 BRYNMORE RD | 2025-03 | $592,000 | 2,365 | 99.8% |
| 42 HOPKINS RD | 2025-05 | $687,500 | 2,580 | 97.8% |
| 93 MAPLE AVE | 2025-02 | $500,000 | 2,315 | 94.7% |
| 333 FIELDCREST DR | 2025-03 | $750,000 | 2,556 | 93.5% |
| 12 MARISSA DR | 2026-06 | $850,000 | 2,528 | 85.0% |
| 2 LETITIA DR | 2026-06 | $737,000 | 2,559 | 88.5% |
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