The Fair Share Report

96 Rumson 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

≈ $3,167,898

Likely range $2,675,518 – $3,874,365, from 12 comparable Rumson sales in the past 18 months (home size estimated from assessor data — range widened).

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 $3,167,898 home should be assessed near $3,063,357.

Step 3 · Assessed value

$3,897,100

Set at the last town-wide revaluation and mostly frozen since. That's $833,743 above what the ratio math suggests (27.2%).

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 $0.931 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$36,285/yr
Public schools$20,546
Monmouth County$7,264
Town of Rumson$8,475
Rumson average$23,692

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

Town median 97.5%
This home · 123.0%

72%151%

Looks meaningfully over-assessed

Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (100.00%) — roughly $8,746/yr at stake. NJ appeals are generally due April 1.

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

AddressSoldPriceSq ftRatio
8 WOODS END ROAD2025-05$2,407,0005,490109.9%
78 BELLEVUE AVE.2026-04$2,499,0004,73786.6%
132 AVE OF TWO RIVERS2026-04$4,025,0005,64277.1%
3 POPOMORA DRIVE2025-03$2,400,0005,174100.1%
7 SAILERS WAY2025-01$2,670,0004,46799.5%
2 BROOKSIDE DRIVE2025-05$2,800,0004,307106.0%
4 AZALEA LANE2025-05$3,940,0004,85489.9%
17 SAILERS WAY2026-05$2,200,0004,071121.5%
5 CLOVER LANE2025-02$2,150,0004,18485.5%
41 BUENA VISTA AVE2025-04$2,450,0004,071100.0%
19 BELLEVUE AVE.2025-05$2,825,0004,045100.0%
85 BUENA VISTA AVENUE2025-02$2,650,0003,993107.1%

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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 →