The Fair Share Report
1010 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 $339,516 – $607,209, from 12 comparable Absecon sales in the past 18 months (home size estimated from assessor data — range widened).
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 $496,960 home should be assessed near $311,942.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $40,542 below what the ratio math suggests (13.0%).
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%85%
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 |
|---|---|---|---|---|
| 805 KATIE COURT | 2025-12 | $585,000 | 2,551 | 50.3% |
| 105 HILLSIDE AVE | 2025-11 | $250,000 | 2,552 | 62.9% |
| 7 RUTH COURT | 2025-12 | $560,000 | 3,014 | 58.0% |
| 12 JULIANNA DRIVE | 2025-09 | $399,000 | 2,623 | 65.6% |
| 815 NEW YORK AVE | 2025-06 | $850,000 | 3,069 | 39.5% |
| 1120 PLYMOUTH LANDING RD | 2025-09 | $675,000 | 2,516 | 37.2% |
| 172 E FAUNCE LANDING RD | 2026-06 | $680,000 | 3,142 | 54.0% |
| 111 WOODS RD | 2026-02 | $435,000 | 2,380 | 43.7% |
| 928 TRAYMORE AVE | 2025-12 | $350,000 | 2,598 | 54.6% |
| 201 CREEK COURT | 2025-09 | $469,500 | 2,258 | 44.3% |
| 68 W DELRAY LANE | 2025-09 | $309,900 | 1,982 | 53.9% |
| 17 W CHURCH ST | 2025-05 | $225,000 | 2,624 | 99.9% |
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