The Fair Share Report

91 Eagle Ln

Franklin, NJ 08322

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

≈ $297,763

Likely range $251,560 – $338,578, from 12 comparable Franklin sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

58.44%

The state's official measure of how far Franklin assessments sit below market value — republished every October, applied town-wide. A $297,763 home should be assessed near $174,013.

Step 3 · Assessed value

$138,600

Set at the last town-wide revaluation and mostly frozen since. That's $35,413 below what the ratio math suggests (20.4%).

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

$3.741 per $100 assessed

$2.153 Schools · 58% $0.732 County · 20% $0.856 Town · 23%

Step 5 · The bill

$5,446/yr
Public schools$3,134
Gloucester County$1,066
Town of Franklin$1,246
Franklin average$7,095

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

Town median 51.0%
This home · 46.5%

35%74%

Paying about right

This home's ratio lands inside Franklin'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
1599 FOREST GROVE RD2025-12$260,0001,24850.5%
1232 PENNSYLVANIA AVE2026-05$250,0001,05036.2%
11 ALLEN AVE2025-06$265,0001,28848.8%
2569 HARDING HWY2025-12$180,0001,17358.4%
2792 BIRCH AVE2025-01$300,0001,12056.9%
2356 STANTON AVE2026-03$280,0001,10447.8%
1704 GRANT AVE2025-10$310,0001,29250.3%
1554 FLORA RD2026-05$293,0001,06849.7%
101 EAGLE LN2025-03$335,0001,34444.3%
3119 COLES MILL RD2025-02$270,0001,25253.7%
52 HOWARD AVE2025-06$324,9001,44247.2%
796 PORCHTOWN RD2025-08$325,0001,14449.1%

Is this your house?

Run your own report →

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 →