The Fair Share Report

95 Riptide Ave

Stafford, NJ 08050

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

≈ $522,517

Likely range $430,395 – $569,452, from 12 comparable Stafford sales in the past 18 months, at this home's 1,758 sq ft.

Step 2 · The Director's Ratio

51.85%

The state's official measure of how far Stafford assessments sit below market value — republished every October, applied town-wide. A $522,517 home should be assessed near $270,925.

Step 3 · Assessed value

$487,900

Set at the last town-wide revaluation and mostly frozen since. That's $216,975 above what the ratio math suggests (80.1%).

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

$2.623 per $100 assessed

$1.048 Schools · 40% $0.603 County · 23% $0.972 Town · 37%

This home's own bill implies $1.312 per $100 — well off the general rate. That usually means the town revalued since the last bill.

Step 5 · The bill

$6,400/yr
Public schools$2,557
Ocean County$1,471
Town of Stafford$2,372
Stafford average$7,775

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

Town median 95.4%
This home · 93.4%

78%119%

Looks meaningfully over-assessed

Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (59.63%) — roughly $5,691/yr at stake. NJ appeals are generally due April 1.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
1192 WINDLASS DRIVE2025-03$535,0001,80092.1%
183 COMPASS ROAD2025-06$474,2991,71798.4%
272 BUOY AVENUE2025-05$585,0001,80689.4%
961 BUCCANEER LANE2025-03$575,0001,75990.1%
65 SUMMERHILL DRIVE2026-06$420,0001,81598.0%
89 SHORE AVENUE2026-04$520,0001,69899.2%
25 HIGHLAND DRIVE2025-04$439,9001,76893.9%
1214 COAST AVENUE2025-02$525,0001,72893.5%
14 HIGHLAND DRIVE2025-04$395,0001,698102.0%
129 YEOMAN ROAD2026-03$460,0001,629108.3%
120 LONGWOOD DRIVE2025-03$390,0001,59397.9%
1137 HAWSER AVENUE2025-03$370,0001,619130.7%

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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 →