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Analysis of Monmouth County SR-1a records
Fair Haven
Thu Feb 21 16:36:24 2013
Source file: "1314demo130200.csv"
Source file creation date: Mon Feb 18 13:27:52 2013
Notes:
Reporting periods are calendar years.
The Raw Ratio is the average total assessment / average sale price.
It is not directly comparable to District Average Weighted Ratio
found in County tables.
Total sales in file: 3090
Sales matching non-exempt classes: 3044
Sales usable for assessment: 1680
Sales of waterfront properties: 108
Usable sales in non-exempt classes: 1680
Usable waterfront sales in non-exempt classes: 33
Sales unusable because price <= $100 with 0 NU code: 15
Property classes in file:
Class Count Description
( ) 39 null
( 1) 145 Vacant Land
(15C) 4 Exempt Public
(15D) 2 Exempt Charitable
(15F) 1 Exempt Miscellaneous
( 2) 2807 Residental (4 famlies or less)
( 4A) 92 Commercial
Non-usable sales in file:
Code Count Description
( 1) 395 Between family members
( 3) 30 Between corporation and related party
( 4) 134 Convenience
( 5) 3 Outside sampling period
( 6) 48 Split-off
( 7) 246 Improved btwn asmt and sale
( 8) 22 Undived interest in real property
(10) 105 By guardian or trustee
(12) 13 Sheriff
(13) 8 Bankruptcy
(14) 15 Doubtful title
(15) 8 With a state entity
(17) 1 With a charitable entity
(23) 3 Including property with indeterminable value
(24) 15 Zoning changes btwn asmt and sale
(25) 153 Price < $100
(26) 146 Other unwilling, forced
(27) 8 Prior to change in assessment
(31) 2 First sale after foreclosure
(99) 39 unknown
All usable sales in non-exempt classes: 1, 2, 3A, 3B, 4A, 4B, 4C
Sale and assessment data by year:
Year Sales Avg price Asmt land Asmt bld Asmt total Raw Ratio
2013 1 $519,000.00 $215,500.00 $190,700.00 $406,200.00 78.27%
2012 78 $673,665.00 $258,212.00 $283,483.00 $541,696.00 80.41%
2011 66 $706,577.00 $281,036.00 $299,175.00 $580,212.00 82.12%
2010 56 $759,333.00 $302,476.00 $284,721.00 $587,198.00 77.33%
2009 52 $637,228.00 $226,355.00 $272,167.00 $498,523.00 78.23%
2008 66 $710,195.00 $276,478.00 $246,043.00 $522,522.00 73.57%
2007 97 $640,250.00 $231,918.00 $220,244.00 $452,162.00 70.62%
2006 104 $712,390.00 $258,009.00 $227,595.00 $485,604.00 68.17%
2005 109 $722,821.00 $266,836.00 $234,351.00 $501,188.00 69.34%
2004 103 $642,871.00 $268,000.00 $237,622.00 $505,623.00 78.65%
2003 94 $582,649.00 $257,257.00 $263,284.00 $520,541.00 89.34%
2002 97 $487,374.00 $124,461.00 $106,440.00 $230,902.00 47.38%
2001 96 $423,793.00 $133,500.00 $109,402.00 $242,902.00 57.32%
2000 110 $448,523.00 $144,620.00 $134,347.00 $278,968.00 62.20%
1999 109 $323,701.00 $130,501.00 $107,322.00 $237,824.00 73.47%
1998 153 $303,488.00 $136,118.00 $110,003.00 $246,122.00 81.10%
1997 119 $284,955.00 $145,104.00 $109,717.00 $254,821.00 89.42%
1996 103 $272,797.00 $131,548.00 $117,032.00 $248,580.00 91.12%
1995 67 $249,398.00 $110,816.00 $95,686.00 $206,502.00 82.80%
Change in Fair Haven average sales price for ten years 2003 to 2012 inclusive: 15.62%
All usable waterfront sales in non-exempt classes: 1, 2, 3A, 3B, 4A, 4B, 4C
Sale and assessment data by year:
Year Sales Avg price Asmt land Asmt bld Asmt total Raw Ratio
2013: no sales data
2012 1 $3,500,000.00 $2,035,000.00 $1,357,100.00 $3,392,100.00 96.92%
2011 1 $1,900,000.00 $1,189,200.00 $493,200.00 $1,682,400.00 88.55%
2010 2 $1,681,250.00 $1,020,400.00 $256,550.00 $1,276,950.00 75.95%
2009: no sales data
2008 2 $3,075,000.00 $1,568,350.00 $740,650.00 $2,309,000.00 75.09%
2007: no sales data
2006 2 $3,100,000.00 $1,552,100.00 $708,950.00 $2,261,050.00 72.94%
2005 3 $2,066,666.00 $1,008,633.00 $299,433.00 $1,308,066.00 63.29%
2004 3 $1,961,666.00 $1,135,700.00 $495,866.00 $1,631,566.00 83.17%
2003 2 $2,300,000.00 $987,500.00 $1,268,800.00 $2,256,300.00 98.10%
2002 2 $2,675,000.00 $590,350.00 $275,450.00 $865,800.00 32.37%
2001: no sales data
2000 4 $1,503,750.00 $490,300.00 $268,250.00 $758,550.00 50.44%
1999 2 $2,175,000.00 $741,900.00 $362,000.00 $1,103,900.00 50.75%
1998 3 $656,666.00 $397,033.00 $216,266.00 $613,300.00 93.40%
1997 4 $830,000.00 $518,725.00 $326,300.00 $845,025.00 101.81%
1996 1 $532,000.00 $365,300.00 $197,200.00 $562,500.00 105.73%
1995 1 $525,000.00 $470,100.00 $9,000.00 $479,100.00 91.26%
Change in Fair Haven waterfront average sales price for ten years 2003 to 2012 inclusive: 52.17%
Highest sales in past several years in non-exempt classes
2013
Assessment Deed Date Bl/Lt Location
$519,000.00 2013-01-22 8/2 112 PRINCETON RD
2012
Assessment Deed Date Bl/Lt Location
$3,500,000.00 2012-10-23 22/55 167 GRANGE AVE
$1,330,000.00 2012-10-15 79/28 5 HOLLY LANE
$1,300,000.00 2012-04-17 69/6 137 KEMP AVE
$1,210,000.00 2012-06-15 56/5 34 KEMP AVE
$1,200,000.00 2012-05-23 51/11.1 901 RIVER RD
2011
Assessment Deed Date Bl/Lt Location
$2,975,000.00 2011-10-06 78/11.1 1 HANCE RD
$1,900,000.00 2011-06-30 48/10 66 GILLESPIE AVE
$1,362,500.00 2011-06-13 70/20 84 LINDEN DR
$1,335,000.00 2011-08-09 27/10 34 RIVERLAWN DR
$1,325,000.00 2011-05-13 65/10 33 BROOKSIDE AVE
2010
Assessment Deed Date Bl/Lt Location
$3,425,000.00 2010-11-30 51/2.1 951 RIVER RD
$1,862,500.00 2010-11-18 78/26 19 TIMBER CT
$1,690,000.00 2010-09-15 26/13 50 FAIRWATERS LA
$1,500,000.00 2010-11-04 24/3 15 COONEY TERRACE
$1,392,000.00 2010-07-30 79/20 165 LEWIS LANE
Highest waterfront sales in past several years in non-exempt classes
2013
Assessment Deed Date Bl/Lt Location
2012
Assessment Deed Date Bl/Lt Location
$3,500,000.00 2012-10-23 22/55 167 GRANGE AVE
2011
Assessment Deed Date Bl/Lt Location
$1,900,000.00 2011-06-30 48/10 66 GILLESPIE AVE
2010
Assessment Deed Date Bl/Lt Location
$1,862,500.00 2010-11-18 78/26 19 TIMBER CT
$1,500,000.00 2010-11-04 24/3 15 COONEY TERRACE