The Fair Share Report
9 Sharp Rd
Frankford, NJ 07826
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 $368,666 – $493,505, from 12 comparable Frankford 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 Frankford assessments sit below market value — republished every October, applied town-wide. A $461,202 home should be assessed near $285,161.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $46,161 below what the ratio math suggests (16.2%).
Step 4 · The tax rate — same for every Frankford home
$1.995 Schools · 66% $0.613 County · 20% $0.431 Town · 14%
Step 5 · The bill
This home vs. every recent Frankford sale · assessed ÷ market
33%77%
Paying about right
This home's ratio lands inside Frankford'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 |
|---|---|---|---|---|
| 89 RIDGE RD | 2026-01 | $285,000 | 1,574 | 78.5% |
| 13 SUMMIT DR | 2025-02 | $515,000 | 1,680 | 51.3% |
| 234 MEYER RD | 2025-06 | $500,000 | 1,792 | 44.5% |
| 12 WORTHINGTON RD | 2025-10 | $320,000 | 1,620 | 70.3% |
| 237 MATTISON RESERVOIR AV | 2025-09 | $500,000 | 1,734 | 48.5% |
| 136 GUNN RD | 2025-04 | $540,000 | 2,148 | 47.7% |
| 22 MORRIS AVE | 2025-11 | $525,000 | 1,948 | 45.4% |
| 28 PELLETOWN RD | 2025-01 | $620,000 | 1,675 | 42.3% |
| 29 DALRYMPLE RD | 2025-06 | $469,000 | 1,684 | 48.6% |
| 515 KEMAH LAKE RD | 2025-12 | $370,000 | 2,188 | 57.3% |
| 2 DE JAGER DR | 2025-04 | $475,000 | 1,698 | 45.0% |
| 4 DAVID DR | 2025-02 | $385,000 | 1,658 | 53.2% |
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