The Fair Share Report

910 E Prospect St

Hackettstown, NJ 07840

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

≈ $474,608

Likely range $390,587 – $526,474, from 12 comparable Hackettstown sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

74.38%

The state's official measure of how far Hackettstown assessments sit below market value — republished every October, applied town-wide. A $474,608 home should be assessed near $353,013.

Step 3 · Assessed value

$279,000

Set at the last town-wide revaluation and mostly frozen since. That's $74,013 below what the ratio math suggests (21.0%).

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

$3.477 per $100 assessed

$2.070 Schools · 60% $0.676 County · 19% $0.731 Town · 21%

Step 5 · The bill

$9,701/yr
Public schools$5,775
Warren County$1,886
Town of Hackettstown$2,039
Hackettstown average$9,665

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

Town median 58.7%
This home · 58.8%

46%91%

Paying about right

This home's ratio lands inside Hackettstown'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
201 FOURTH AVE2025-06$440,0001,67268.1%
117 DEERFIELD DR2026-04$532,0001,53450.1%
19 SHELLEY DR2025-07$503,0001,63055.3%
306 HURLEY DR2026-05$554,3001,60847.0%
108 CAROL DR2025-04$494,0001,44455.9%
123 PLEASANT VIEW RD2025-08$520,0001,68455.8%
309 SECOND ST2025-07$465,0001,38066.8%
5 VICTOR CT2025-10$520,0001,67051.6%
103 CINDY TERR2026-03$500,0001,57849.4%
105 PLEASANT VIEW RD2025-08$572,0001,72854.3%
5 SEYMOUR TERR2025-11$445,0001,85068.1%
702 HAMILTON DR2025-10$480,0002,04669.6%

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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 →