The Fair Share Report
837 Fourth Ave
Alpha, NJ 08865
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 2 · The Director's Ratio
The state's official measure of how far Alpha assessments sit below market value — republished every October, applied town-wide.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since.
Step 4 · The tax rate — same for every Alpha home
$1.754 Schools · 50% $0.758 County · 22% $0.973 Town · 28%
Step 5 · The bill
The record, in full
Not enough closely-comparable recent sales in Alpha for a fairness verdict — the town's current median assessment ratio is 50.6%.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 1430 LIBERTY STREET | 2026-04 | $275,000 | 624 | 45.3% |
| 1526 WARREN STREET | 2025-04 | $125,000 | 704 | 58.6% |
| 741 NORTH BOULEVARD | 2025-08 | $140,000 | 818 | 75.4% |
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