The Fair Share Report
820 E Ave
Franklin, NJ 08322
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 $238,075 – $498,747, from 12 comparable Franklin 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 Franklin assessments sit below market value — republished every October, applied town-wide. A $348,011 home should be assessed near $203,378.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $2,022 above what the ratio math suggests (1.0%).
Step 4 · The tax rate — same for every Franklin home
$2.153 Schools · 58% $0.732 County · 20% $0.856 Town · 23%
Step 5 · The bill
This home vs. every recent Franklin sale · assessed ÷ market
36%92%
Paying about right
This home's ratio lands inside Franklin'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 |
|---|---|---|---|---|
| 2428 N BLUE BELL RD | 2026-05 | $400,000 | 1,716 | 56.0% |
| 2382 N BLUE BELL RD | 2025-12 | $480,000 | 1,573 | 50.1% |
| 703 WILLOW GROVE RD | 2025-08 | $400,000 | 1,469 | 41.7% |
| 1327 PENNSYLVANIA AVE | 2026-01 | $280,000 | 2,088 | 68.1% |
| 854 WHITEHALL RD | 2025-04 | $438,000 | 2,200 | 49.1% |
| 358 GARRISON RD | 2025-10 | $300,000 | 1,668 | 54.8% |
| 2305 SHERIDAN AVE | 2025-05 | $385,000 | 2,076 | 46.5% |
| 2305 SHERIDAN AVE | 2025-02 | $257,040 | 2,076 | 69.6% |
| 647 CLARK AVE | 2025-03 | $555,000 | 1,788 | 46.8% |
| 764 TUCKAHOE RD | 2026-04 | $202,000 | 1,781 | 82.0% |
| 1112 FRIES MILL RD | 2025-12 | $530,000 | 2,136 | 44.1% |
| 955 FEDERAL AVE | 2026-05 | $410,000 | 1,664 | 51.6% |
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