The Fair Share Report
9 Patrick Ct
Mount Olive, NJ 07836
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 $621,303 – $741,759, from 12 comparable Mount Olive 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 Mount Olive assessments sit below market value — republished every October, applied town-wide. A $673,343 home should be assessed near $445,214.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $2,914 below what the ratio math suggests (0.7%).
Step 4 · The tax rate — same for every Mount Olive home
$2.310 Schools · 69% $0.345 County · 10% $0.711 Town · 21%
Step 5 · The bill
This home vs. every recent Mount Olive sale · assessed ÷ market
37%82%
A touch high — worth watching
This home's ratio sits above most of Mount Olive, but doesn't clear NJ's legal appeal line (76.04%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 80 LOZIER RD | 2025-02 | $580,000 | 2,408 | 52.3% |
| 10 TRACEY LN | 2025-07 | $725,000 | 2,808 | 62.5% |
| 139 FLANDERS-NETCONG RD | 2026-01 | $675,000 | 2,604 | 67.3% |
| 68 STEPHENS PARK RD | 2026-02 | $685,000 | 2,277 | 46.3% |
| 30 NIPER PL | 2025-04 | $625,000 | 2,624 | 57.0% |
| 14 SWACKHAMMER WAY | 2025-02 | $630,000 | 2,624 | 58.3% |
| 17 BENDER ST | 2025-02 | $604,000 | 2,632 | 62.0% |
| 37 CANTERBURY CT | 2025-08 | $661,000 | 2,445 | 56.4% |
| 37 ST JOHNS RD | 2025-11 | $710,000 | 2,246 | 48.4% |
| 8 SCARBOROUGH CT | 2025-07 | $630,000 | 2,240 | 55.2% |
| 18 SEDICAVAGE WAY | 2025-09 | $580,000 | 2,412 | 58.4% |
| 52 FORCE DR | 2025-01 | $585,000 | 2,412 | 58.9% |
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