The Fair Share Report
84 Pine St
Chatham, NJ 07930
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 $1,570,056 – $2,111,000, from 12 comparable Chatham sales in the past 18 months, at this home's 3,053 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Chatham assessments sit below market value — republished every October, applied town-wide. A $1,713,470 home should be assessed near $1,137,915.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $70,615 below what the ratio math suggests (6.2%).
Step 4 · The tax rate — same for every Chatham home
$1.370 Schools · 65% $0.330 County · 16% $0.403 Town · 19%
Step 5 · The bill
This home vs. every recent Chatham sale · assessed ÷ market
43%82%
Paying about right
This home's ratio lands inside Chatham'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 |
|---|---|---|---|---|
| 55 MAY DR | 2025-11 | $1,830,000 | 3,209 | 49.0% |
| 52 DELLWOOD AVE | 2025-03 | $1,625,000 | 3,068 | 51.7% |
| 47 DALE DR | 2025-07 | $1,550,000 | 3,014 | 53.8% |
| 23 LENAPE TRL | 2025-10 | $1,640,000 | 2,926 | 50.2% |
| 677 RIVER RD | 2025-10 | $1,050,000 | 2,874 | 51.4% |
| 27 OVERLOOK RD | 2025-11 | $2,200,000 | 3,036 | 42.3% |
| 4 CRESTWOOD DR | 2026-05 | $2,400,000 | 2,833 | 42.3% |
| 11 COUNTRY CLUB DR | 2026-06 | $1,740,000 | 2,892 | 48.9% |
| 115 CANDACE LN | 2025-06 | $1,700,000 | 3,029 | 58.2% |
| 10 PEMBROOKE RD | 2025-07 | $1,600,000 | 3,124 | 57.6% |
| 48 SUNSET DR | 2025-01 | $1,300,000 | 2,779 | 53.0% |
| 16 NICHOLSON DR | 2026-04 | $1,925,000 | 2,784 | 49.8% |
Is this your house?
Run your own report →