The Fair Share Report

11 E Inlet Dr

Avalon, NJ 08033

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

≈ $2,619,512

Likely range $1,945,860 – $3,313,885, from 12 comparable Avalon sales in the past 18 months, at this home's 1,969 sq ft.

Step 2 · The Director's Ratio

54.28%

The state's official measure of how far Avalon assessments sit below market value — republished every October, applied town-wide. A $2,619,512 home should be assessed near $1,421,871.

Step 3 · Assessed value

$1,102,700

Set at the last town-wide revaluation and mostly frozen since. That's $319,171 below what the ratio math suggests (22.4%).

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

$0.607 per $100 assessed

$0.032 Schools · 5% $0.313 County · 52% $0.262 Town · 43%

Step 5 · The bill

$6,704/yr
Public schools$353
Cape May County$3,457
Town of Avalon$2,894
Avalon average$10,663

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

Town median 48.5%
This home · 42.1%

28%70%

Paying about right

This home's ratio lands inside Avalon'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
304 78TH ST C-A2025-12$1,795,0001,92043.8%
2928 OCEAN DR C-N2026-05$2,100,0002,00254.3%
150 64TH STREET2026-03$8,425,0002,09279.3%
305 78TH ST C-A2025-10$1,850,0001,87239.7%
170 77TH STREET2025-05$3,700,0002,11261.3%
181 7TH STREET2026-06$2,800,0001,88652.3%
353 39TH ST C-W2025-09$2,400,0001,80449.8%
7789 DUNE DRIVE2025-07$3,600,0002,13951.1%
175 12TH STREET2025-11$1,950,0002,01658.1%
10 E 14TH STREET2026-05$4,000,0002,39250.0%
10 E 14TH STREET2025-09$3,600,0002,39255.6%
237 63RD STREET2026-04$3,000,0001,76147.2%

Is this your house?

Run your own report →

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 →