The Fair Share Report

93 Lantern Ln

Mansfield, NJ 08022

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

≈ $413,109

Likely range $389,297 – $422,622, from 12 comparable Mansfield sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

56.72%

The state's official measure of how far Mansfield assessments sit below market value — republished every October, applied town-wide. A $413,109 home should be assessed near $234,315.

Step 3 · Assessed value

$161,800

Set at the last town-wide revaluation and mostly frozen since. That's $72,515 below what the ratio math suggests (30.9%).

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

$3.221 per $100 assessed

$2.211 Schools · 69% $0.502 County · 16% $0.509 Town · 16%

Step 5 · The bill

$5,213/yr
Public schools$3,577
Burlington County$812
Town of Mansfield$824
Mansfield average$8,256

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

Town median 44.2%
This home · 39.2%

32%71%

Paying about right

This home's ratio lands inside Mansfield'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 LANTERN LANE2025-03$405,0001,52440.3%
48 SUNSET LANE2026-05$430,0001,52437.9%
4 COVERED BRIDGE CIRCLE2025-09$395,0001,52441.3%
89 HORSESHOE LANE SOUTH2026-02$380,0001,50842.5%
90 WAGON WHEEL LANE2026-03$410,0001,51339.7%
3 COVERED BRIDGE LANE2026-04$385,0001,40340.8%
15 GREENBROOK DRIVE2025-03$450,0001,43238.1%
39 SUNSET LANE2025-06$385,0001,59444.3%
212 WAGON WHEEL LANE2026-03$312,5001,40350.3%
3 COVERED BRIDGE CIRCLE2025-10$370,0001,40342.5%
12 DEEP HOLLOW LANE NORTH2025-04$415,0001,53642.5%
21 NEWTON COURT2025-02$439,9001,62645.5%

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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 →