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.

Step 1 · Market value

≈ $712,520

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

57.87%

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

$696,400

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

$3.148 per $100 assessed

$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

$13,165/yr
Public schools$9,428
Ocean County$2,270
Town of Plumsted$1,467
Plumsted average$8,968

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

Town median 94.0%
This home · 97.7%

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)

AddressSoldPriceSq ftRatio
353 FIELDCREST DR2026-03$690,0002,37290.9%
28 LAUREN LN2026-02$725,0002,69098.9%
1 HEMLOCK DR2026-03$835,0002,50089.3%
215 E COLLIERS MILL RD2025-01$1,085,0002,85691.3%
6 HYACINTH CT2025-04$850,0002,61690.3%
409A E MILLSTREAM RD2025-03$625,0002,20896.4%
218 BRYNMORE RD2025-03$592,0002,36599.8%
42 HOPKINS RD2025-05$687,5002,58097.8%
93 MAPLE AVE2025-02$500,0002,31594.7%
333 FIELDCREST DR2025-03$750,0002,55693.5%
12 MARISSA DR2026-06$850,0002,52885.0%
2 LETITIA DR2026-06$737,0002,55988.5%

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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 →