The Fair Share Report

95 E Stiger 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

≈ $266,667

Likely range $162,840 – $293,958, 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 $266,667 home should be assessed near $198,347.

Step 3 · Assessed value

$114,500

Set at the last town-wide revaluation and mostly frozen since. That's $83,847 below what the ratio math suggests (42.3%).

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

$3,981/yr
Public schools$2,370
Warren County$774
Town of Hackettstown$837
Hackettstown average$9,665

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

Town median 58.7%
This home · 42.9%

34%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
507 JEFFERSON ST2025-06$425,00075561.8%
226 ASHLEY AVE2025-06$410,0001,06652.6%
310 SHARP ST2025-10$395,0001,15253.3%
624 MADISON ST2025-07$452,5001,10854.7%
105 BROOK DR2025-04$270,0001,08062.7%
128 BROOK DR2025-08$260,0001,08056.3%
103 CONNIE TERR2025-08$400,0001,08053.5%
411 HURLEY DR2025-05$397,0001,10456.5%
41 N MAIN ST2025-11$290,0001,26279.3%
204 CHRISTOPHER ST2025-01$205,0001,118151.3%
605 HIGH ST2025-08$395,0001,04054.9%
128 COLLEGE VIEW DR2026-06$465,0001,20554.1%

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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 →