The Fair Share Report

9 Maple Rd

Ringwood, NJ 07456

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

≈ $477,729

Likely range $435,143 – $554,019, from 12 comparable Ringwood sales in the past 18 months, at this home's 1,523 sq ft.

Step 2 · The Director's Ratio

57.24%

The state's official measure of how far Ringwood assessments sit below market value — republished every October, applied town-wide. A $477,729 home should be assessed near $273,452.

Step 3 · Assessed value

$272,200

Set at the last town-wide revaluation and mostly frozen since. That's $1,252 below what the ratio math suggests (0.5%).

Step 4 · The tax rate — same for every Ringwood home

$4.259 per $100 assessed

$2.546 Schools · 60% $0.780 County · 18% $0.933 Town · 22%

Step 5 · The bill

$11,593/yr
Public schools$6,930
Passaic County$2,123
Town of Ringwood$2,540
Ringwood average$12,925

This home vs. every recent Ringwood sale · assessed ÷ market

Town median 48.7%
This home · 57.0%

36%71%

Paying about right

This home's ratio lands inside Ringwood'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
10 WINDBEAM LOOP2025-06$627,5001,72550.8%
16 WILDWOOD TER2026-04$530,0001,40843.3%
33 WILDWOOD TER2025-02$500,0001,59452.8%
239 SKYLINE LAKES DR2025-12$560,0001,49548.0%
11 BEECH CT2025-09$500,0001,86449.7%
15 VAN DUNK LN2025-12$285,0001,29031.4%
24 OAKWOOD DR2025-09$480,0001,68048.0%
1 SYLVAN LN2025-10$455,0001,50243.5%
34 UPPER LAKEVIEW AVE2026-01$627,0002,16848.2%
520 SKYLINE LAKES DR2025-09$451,0001,41852.1%
4 BIRCH RD2026-04$645,0001,98442.6%
553 STONETOWN RD2025-11$524,0001,68050.5%

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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 →