The Fair Share Report

910 High St

Alpha, NJ 08865

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

≈ $269,312

Likely range $246,389 – $309,729, from 12 comparable Alpha sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

63.67%

The state's official measure of how far Alpha assessments sit below market value — republished every October, applied town-wide. A $269,312 home should be assessed near $171,471.

Step 3 · Assessed value

$156,100

Set at the last town-wide revaluation and mostly frozen since. That's $15,371 below what the ratio math suggests (9.0%).

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

$3.484 per $100 assessed

$1.754 Schools · 50% $0.758 County · 22% $0.973 Town · 28%

Step 5 · The bill

$5,440/yr
Public schools$2,738
Warren County$1,183
Town of Alpha$1,519
Alpha average$6,415

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

Town median 50.6%
This home · 58.0%

38%92%

Paying about right

This home's ratio lands inside Alpha'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
737 NORTH BOULEVARD2025-09$250,0001,17846.5%
782 HIGH STREET2025-06$345,0001,58668.2%
968 HOBSON STREET2025-06$301,0001,47059.5%
785-795 HOBSON STREET2025-06$417,0001,47239.5%
1027 THIRD AVENUE2025-07$150,0001,536115.9%
1133 EAST BOULEVARD2025-08$210,0001,06445.2%
1127 EAST BOULEVARD2025-04$210,0001,06443.5%
230 EAST CENTRAL AVENUE2025-06$310,0001,10446.9%
201 THIRD AVENUE2026-05$225,0001,82888.3%
1140 EAST BOULEVARD2025-11$442,5001,85630.0%
1175 SIXTH AVENUE2025-06$270,00098750.9%
826 SIGSBEE AVENUE2026-04$355,0001,81153.6%

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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 →