The Fair Share Report

92 E River 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

≈ $1,093,623

Likely range $979,999 – $1,210,588, from 12 comparable Rumson sales in the past 18 months, at this home's 1,372 sq ft.

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 $1,093,623 home should be assessed near $1,057,533.

Step 3 · Assessed value

$1,165,300

Set at the last town-wide revaluation and mostly frozen since. That's $107,767 above what the ratio math suggests (10.2%).

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 $0.949 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$11,053/yr
Public schools$6,259
Monmouth County$2,213
Town of Rumson$2,582
Rumson average$23,692

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

Town median 97.5%
This home · 106.6%

72%124%

Paying about right

This home's ratio lands inside Rumson'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
4 MAPLE AVENUE2025-01$1,100,0001,380105.3%
6 THIRD ST.2026-04$909,0001,222108.1%
66 LAFAYETTE ST.2025-06$999,9991,400106.8%
12 PARMLY ST.2026-04$900,0001,147102.4%
76 BINGHAM AVE.2025-01$1,099,0001,472104.0%
21 LINCOLN AVE.2026-04$1,113,0001,16189.5%
5 OAKWOOD LANE2025-04$1,200,0001,36082.7%
39 ALLEN ST.2026-06$1,500,0001,59277.8%
10 BRUCE PLACE2026-03$948,50077.5%
19 MAPLEWOOD AVE.2026-05$1,145,0001,63995.6%
9 FORREST AVE.2026-06$975,0001,12992.0%
76 LAFAYETTE ST.2025-03$1,125,0001,69094.6%

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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 →