The Fair Share Report

9 Robert Rd

Hazlet, NJ 07730

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

≈ $680,075

Likely range $640,069 – $736,664, from 12 comparable Hazlet sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

89.47%

The state's official measure of how far Hazlet assessments sit below market value — republished every October, applied town-wide. A $680,075 home should be assessed near $608,463.

Step 3 · Assessed value

$672,100

Set at the last town-wide revaluation and mostly frozen since. That's $63,637 above what the ratio math suggests (10.5%).

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

$1.932 per $100 assessed

$1.274 Schools · 66% $0.222 County · 11% $0.436 Town · 23%

This home's own bill implies $1.819 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$12,227/yr
Public schools$8,063
Monmouth County$1,405
Town of Hazlet$2,759
Hazlet average$9,998

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

Town median 95.6%
This home · 98.8%

77%117%

Paying about right

This home's ratio lands inside Hazlet'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
14 WALTER DRIVE2025-04$611,0001,83184.3%
20 GALWAY DRIVE2026-04$665,0001,976101.6%
7 KAYLEN PLACE2026-04$740,0001,773118.0%
308 STONE ROAD2026-03$667,9001,93289.2%
611 SOUTH LAUREL AVENUE2026-05$685,0001,83082.1%
16 GALWAY DRIVE2026-04$795,0002,134102.2%
25 GERALD TERRACE2026-06$630,0001,81894.0%
4 DEER STREET2025-02$575,0001,886101.3%
5 EVERGREEN STREET2025-05$600,0002,01596.0%
4 GALWAY DRIVE2025-05$720,0001,97694.3%
20 CORNELL DRIVE2026-04$662,0001,76297.0%
54 CRESCI BOULEVARD2026-05$837,0002,00272.0%

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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 →