The Fair Share Report
9 Down St
Netcong, NJ 07852
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 $335,000 – $660,000, from 12 comparable Netcong sales in the past 18 months.
Step 2 · The Director's Ratio
The state's official measure of how far Netcong assessments sit below market value — republished every October, applied town-wide. A $450,000 home should be assessed near $312,885.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $183,885 below what the ratio math suggests (58.8%).
Step 4 · The tax rate — same for every Netcong home
$2.168 Schools · 63% $0.290 County · 8% $0.989 Town · 29%
Step 5 · The bill
This home vs. every recent Netcong sale · assessed ÷ market
14%85%
Keep quiet and enjoy it
This home's assessment ratio sits below the Netcong pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 2 PROSPECT ST | 2025-01 | $660,000 | 3,084 | 58.3% |
| 110-116 STOLL ST | 2025-12 | $850,000 | 1,320 | 62.5% |
| 78 KOCLAS DR | 2026-03 | $333,000 | 1,736 | 79.5% |
| 72 KOCLAS DR | 2025-05 | $335,000 | 1,186 | 72.1% |
| 4 DELL AVE | 2025-01 | $280,000 | 2,010 | 103.0% |
| 9-11 STOLL ST | 2025-11 | $647,000 | 2,288 | 46.1% |
| 33 DELL AVE | 2025-01 | $375,000 | 1,750 | 80.9% |
| 81 STOLL ST | 2025-11 | $450,000 | 1,567 | 53.5% |
| 15 NORTH ST | 2025-06 | $445,000 | 1,178 | 48.5% |
| 23 LEDGEWOOD AVE | 2025-12 | $550,000 | 1,837 | 44.9% |
| 31 DELL AVE | 2025-08 | $520,000 | 1,736 | 53.5% |
| 13 NORTH ST | 2025-09 | $388,000 | 1,104 | 52.2% |
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