The Fair Share Report

83 Third St

Fair Haven, NJ 07704

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

≈ $1,637,355

Likely range $1,474,656 – $1,715,017, from 12 comparable Fair Haven sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

93.90%

The state's official measure of how far Fair Haven assessments sit below market value — republished every October, applied town-wide. A $1,637,355 home should be assessed near $1,537,476.

Step 3 · Assessed value

$1,340,200

Set at the last town-wide revaluation and mostly frozen since. That's $197,276 below what the ratio math suggests (12.8%).

Step 4 · The tax rate — same for every Fair Haven home

$1.427 per $100 assessed

$0.899 Schools · 63% $0.217 County · 15% $0.311 Town · 22%

This home's own bill implies $1.194 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$16,008/yr
Public schools$10,085
Monmouth County$2,434
Town of Fair Haven$3,489
Fair Haven average$18,947

This home vs. every recent Fair Haven sale · assessed ÷ market

Town median 95.6%
This home · 81.9%

69%113%

Paying about right

This home's ratio lands inside Fair Haven'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
70 JACKSON ST2025-02$1,529,0002,07590.3%
15 CHURCH ST2025-05$1,690,0002,23880.8%
150 HANCE ROAD2025-04$1,599,0002,04090.8%
12 THIRD ST2025-02$1,400,0002,33798.5%
240 DARTMOUTH AVE2026-06$2,400,0002,76772.5%
224 FAIR HAVEN RD2026-03$1,520,0002,71575.3%
135 HARRISON AVE2026-01$1,800,0002,31496.0%
58 GENTRY DRIVE2025-06$1,849,0002,72497.3%
335 FAIR HAVEN RD2026-04$1,500,0002,24887.6%
112 WILLOW ST2025-05$1,275,0002,06497.4%
110 PARKER AVE2025-05$1,500,0002,064107.4%
225 OXFORD AVE2025-02$2,175,0002,965100.3%

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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 →