The Fair Share Report

1012 E Walnut Rd

Vineland, NJ 08080

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

≈ $212,740

Likely range $147,875 – $262,233, from 12 comparable Vineland sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

62.10%

The state's official measure of how far Vineland assessments sit below market value — republished every October, applied town-wide. A $212,740 home should be assessed near $132,112.

Step 3 · Assessed value

$80,800

Set at the last town-wide revaluation and mostly frozen since. That's $51,312 below what the ratio math suggests (38.8%).

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

$3.306 per $100 assessed

$0.860 Schools · 26% $1.284 County · 39% $1.162 Town · 35%

Step 5 · The bill

$2,674/yr
Public schools$696
Cumberland County$1,038
Town of Vineland$940
Vineland average$5,369

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

Town median 50.9%
This home · 38.0%

25%77%

Paying about right

This home's ratio lands inside Vineland's normal band. The drift hasn't singled it out — no case for a tax appeal.

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

AddressSoldPriceSq ftRatio
321 W CHESTNUT AVE2025-04$210,00088650.6%
321 W CHESTNUT AVE2025-01$140,00088675.9%
554 N THIRD ST2026-03$210,00087146.8%
311 W OXFORD ST2025-04$155,10086062.6%
518 N VALLEY AVE2025-10$260,00091054.4%
1198 S SPRING RD2025-11$250,00081846.6%
577 N THIRD ST2025-09$215,00091866.2%
3237 E CHESTNUT AVE2025-10$265,00082744.9%
301 W OXFORD ST2025-01$220,00074642.1%
1190 ROGERS AVE2025-07$170,00070859.9%
1122 FAIRMOUNT AVE2025-09$285,00081637.9%
1365 ROOSEVELT BLVD2026-06$235,0001,11465.9%

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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 →