The Fair Share Report

91 Blackpoint Rd

Rumson, NJ 07760

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

≈ $1,259,694

Likely range $1,195,055 – $1,676,655, from 12 comparable Rumson sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

96.70%

The state's official measure of how far Rumson assessments sit below market value — republished every October, applied town-wide. A $1,259,694 home should be assessed near $1,218,124.

Step 3 · Assessed value

$940,500

Set at the last town-wide revaluation and mostly frozen since. That's $277,624 below what the ratio math suggests (22.8%).

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

$1.049 per $100 assessed

$0.594 Schools · 57% $0.210 County · 20% $0.245 Town · 23%

This home's own bill implies $0.966 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$9,087/yr
Public schools$5,146
Monmouth County$1,819
Town of Rumson$2,122
Rumson average$23,692

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

Town median 97.5%
This home · 74.7%

51%116%

Keep quiet and enjoy it

This home's assessment ratio sits below the Rumson 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)

AddressSoldPriceSq ftRatio
38 WASHINGTON ST.2025-02$1,300,0001,820104.8%
27 WATERMAN AVE.2025-06$3,300,0001,84893.2%
22 ROSALIE AVE.2025-04$1,100,0001,61291.8%
33 LENNOX AVENUE2025-06$1,150,0002,28079.1%
21 CEDAR AVENUE2025-03$1,100,0001,60195.0%
5 OAKWOOD LANE2025-04$1,200,0001,36082.7%
44 AVE OF TWO RIVERS2026-03$975,0001,682103.1%
1 ROSALIE AVE.2026-04$1,250,0001,44482.5%
1 ROSALIE AVE.2026-03$999,9991,444103.1%
58 AVE OF TWO RIVERS2026-05$950,0001,434110.2%
4 OAKWOOD LANE2026-05$2,496,5002,55879.0%
19 MAPLEWOOD AVE.2026-05$1,145,0001,63995.6%

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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 →