The Fair Share Report
102 Myrtle Ave
Pitman, NJ 08071
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 $248,710 – $295,380, from 12 comparable Pitman 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 Pitman assessments sit below market value — republished every October, applied town-wide. A $268,427 home should be assessed near $196,784.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $33,084 below what the ratio math suggests (16.8%).
Step 4 · The tax rate — same for every Pitman home
$2.089 Schools · 58% $0.582 County · 16% $0.924 Town · 26%
Step 5 · The bill
This home vs. every recent Pitman sale · assessed ÷ market
50%90%
Paying about right
This home's ratio lands inside Pitman'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 |
|---|---|---|---|---|
| 12 HAZEL AVE | 2026-01 | $290,000 | 1,140 | 55.5% |
| 131 NORTH AVE | 2025-04 | $207,000 | 949 | 55.3% |
| 27 WILDWOOD AVE | 2025-07 | $275,000 | 1,152 | 67.6% |
| 33 MYRTLE AVE | 2025-10 | $347,000 | 1,296 | 70.9% |
| 103 NINTH AVE | 2025-11 | $330,000 | 1,196 | 59.1% |
| 7 WEST AVE | 2025-06 | $290,000 | 1,140 | 52.5% |
| 249 LAKE AVE | 2025-09 | $315,000 | 1,122 | 53.2% |
| 99 LINDEN AVE | 2026-06 | $300,000 | 1,232 | 55.2% |
| 416 WESLEY AVE | 2026-02 | $310,000 | 1,081 | 55.5% |
| 158 WEST AVE | 2025-01 | $274,900 | 1,028 | 54.4% |
| 149 N FERNWOOD AVE | 2026-02 | $272,000 | 960 | 56.6% |
| 65 ARBUTUS AVE | 2026-05 | $309,900 | 1,218 | 60.1% |
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