The Fair Share Report
8615 Third Ave
Stone Harbor, NJ 08080
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 $1,667,931 – $2,593,845, from 12 comparable Stone Harbor 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 Stone Harbor assessments sit below market value — republished every October, applied town-wide. A $2,057,240 home should be assessed near $1,033,146.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $353,146 below what the ratio math suggests (34.2%).
Step 4 · The tax rate — same for every Stone Harbor home
$0.053 Schools · 7% $0.388 County · 50% $0.334 Town · 43%
Step 5 · The bill
This home vs. every recent Stone Harbor sale · assessed ÷ market
21%64%
Paying about right
This home's ratio lands inside Stone Harbor'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 |
|---|---|---|---|---|
| 255 81ST STREET, SOUTH | 2025-02 | $1,315,000 | 1,488 | 60.6% |
| 248 81ST ST UNIT A | 2026-03 | $1,599,000 | 1,400 | 52.1% |
| 225 110TH ST | 2026-04 | $2,375,000 | 1,280 | 36.1% |
| 255 117TH ST | 2026-03 | $1,925,000 | 1,392 | 44.3% |
| 230 101ST ST | 2025-10 | $2,300,000 | 1,538 | 32.6% |
| 254 89TH ST SOUTH | 2025-08 | $1,956,250 | 1,498 | 46.0% |
| 260 83RD ST UNIT 1 | 2025-11 | $1,750,000 | 1,232 | 42.9% |
| 252 89TH ST NORTH | 2025-12 | $2,095,000 | 1,498 | 43.2% |
| 263 103RD ST EAST | 2025-04 | $1,900,000 | 1,598 | 45.6% |
| 243 110TH ST | 2025-09 | $2,990,000 | 1,772 | 31.9% |
| 243 110TH ST | 2025-02 | $2,849,000 | 1,772 | 33.5% |
| 10509 SECOND AVE | 2025-08 | $1,550,000 | 1,284 | 53.3% |
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