The Fair Share Report

918 E Commerce St

Fairfield, NJ 08080

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

≈ $257,833

Likely range $183,314 – $321,466, from 12 comparable Fairfield sales in the past 18 months, at this home's 1,456 sq ft.

Step 2 · The Director's Ratio

83.33%

The state's official measure of how far Fairfield assessments sit below market value — republished every October, applied town-wide. A $257,833 home should be assessed near $214,852.

Step 3 · Assessed value

$169,000

Set at the last town-wide revaluation and mostly frozen since. That's $45,852 below what the ratio math suggests (21.3%).

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

$2.971 per $100 assessed

$1.447 Schools · 49% $1.029 County · 35% $0.495 Town · 17%

This home's own bill implies $1.965 per $100 — well off the general rate. That usually means the town revalued since the last bill.

Step 5 · The bill

$3,320/yr
Public schools$1,617
Cumberland County$1,150
Town of Fairfield$553
Fairfield average$4,938

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

Town median 87.8%
This home · 65.5%

47%130%

Paying about right

This home's ratio lands inside Fairfield'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
250 BRIDGETON FAIRTON RD2025-05$255,0001,44064.0%
25 RAMAH RD2026-03$75,0001,42466.5%
94 RAMAH RD2025-08$307,0001,38062.7%
173 BRIDGETON FAIRTON RD2025-05$265,0001,30853.5%
19 FAIRTON CEDARVILLE RD2026-01$157,0001,24778.5%
255 CLARKS POND RD2025-09$440,0001,60978.9%
10 GREEN WAY2025-07$359,0001,62657.6%
227 FAIRTON MILLVILLE RD2026-02$150,0001,356103.0%
4 WALDENS DR2025-03$175,0001,22897.7%
7 WALDENS DR2025-10$160,0001,864124.6%
49 PIERCETOWN RD2026-05$282,5001,77664.8%
18 WAYMAN LN2025-07$375,0001,90158.9%

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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 →