The Fair Share Report
1004 Spring Ln
Absecon, NJ 08201
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $331,197 – $462,311, from 12 comparable Absecon sales in the past 18 months, at this home's 2,168 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Absecon assessments sit below market value — republished every October, applied town-wide. A $396,252 home should be assessed near $248,727.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $26,027 below what the ratio math suggests (10.5%).
Step 4 · The tax rate — same for every Absecon home
$1.737 Schools · 49% $0.611 County · 17% $1.169 Town · 33%
Step 5 · The bill
This home vs. every recent Absecon sale · assessed ÷ market
34%78%
Paying about right
This home's ratio lands inside Absecon's normal band. The drift hasn't singled it out — no case for a tax appeal.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 68 W DELRAY LANE | 2025-09 | $309,900 | 1,982 | 53.9% |
| 201 CREEK COURT | 2025-09 | $469,500 | 2,258 | 44.3% |
| 111 WOODS RD | 2026-02 | $435,000 | 2,380 | 43.7% |
| 66 ABLES RUN DRIVE | 2025-03 | $325,000 | 1,900 | 49.5% |
| 805 KATIE COURT | 2025-12 | $585,000 | 2,551 | 50.3% |
| 921 NAVAJO AVE | 2025-10 | $409,000 | 1,918 | 43.4% |
| 105 HILLSIDE AVE | 2025-11 | $250,000 | 2,552 | 62.9% |
| 12 JULIANNA DRIVE | 2025-09 | $399,000 | 2,623 | 65.6% |
| 1120 PLYMOUTH LANDING RD | 2025-09 | $675,000 | 2,516 | 37.2% |
| 714 BLENHEIM AVE | 2025-11 | $365,000 | 1,914 | 64.9% |
| 139 PENNSYLVANIA AVE | 2025-10 | $370,000 | 2,422 | 49.2% |
| 718 BLENHEIM AVE | 2025-09 | $419,000 | 1,800 | 50.0% |
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