The Fair Share Report

11 Donna Dr

Oldmans, NJ 08067

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.

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Step 1 · Market value

≈ $120,000

Likely range $120,000 – $246,000, from 5 comparable Oldmans sales in the past 18 months.

Step 2 · The Director's Ratio

80.69%

The state's official measure of how far Oldmans assessments sit below market value — republished every October, applied town-wide. A $120,000 home should be assessed near $96,828.

Step 3 · Assessed value

$100,000

Set at the last town-wide revaluation and mostly frozen since. That's $3,172 above what the ratio math suggests (3.3%).

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

$2.699 per $100 assessed

$1.223 Schools · 45% $1.279 County · 47% $0.197 Town · 7%

This home's own bill implies $2.449 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$2,449/yr

Public schools$1,110

Salem County$1,161

Town of Oldmans$179

Oldmans average$5,627

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

Town median 72.1%

Appeal line 92.79%

This home · 83.3%

35%121%

Paying about right

This home's ratio lands inside Oldmans'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
19 DONNA DR	2025-03	$120,000	1,131	108.8%
1 DONNA DR	2026-06	$246,000	936	46.8%
63 PORCUPINE RD	2025-03	$240,000	1,166	62.5%
110 N RAILROAD AVE	2025-09	$120,000	1,248	102.3%
6 PORCUPINE RD	2026-04	$270,000	1,344	59.7%

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