The Fair Share Report

976 E Commerce St

Fairfield, NJ 08302

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 2 · The Director's Ratio

83.33%

The state's official measure of how far Fairfield assessments sit below market value — republished every October, applied town-wide.

Step 3 · Assessed value

$182,000

Set at the last town-wide revaluation and mostly frozen since.

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

$2.971 per $100 assessed

$1.447 Schools · 49% $1.029 County · 35% $0.495 Town · 17%

Step 5 · The bill

$5,415/yr
Public schools$2,637
Cumberland County$1,875
Town of Fairfield$902
Fairfield average$4,938

The record, in full

Not enough closely-comparable recent sales in Fairfield for a fairness verdict — the town's current median assessment ratio is 87.8%.

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

AddressSoldPriceSq ftRatio
18 WAYMAN LN2025-07$375,0001,90158.9%
10 GREEN WAY2025-07$359,0001,62657.6%
918 E COMMERCE ST2025-04$100,0001,456169.0%
250 BRIDGETON FAIRTON RD2025-05$255,0001,44064.0%

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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 →