The Fair Share Report

1102 Breakers Ave

Absecon, NJ 08205

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

≈ $296,070

Likely range $258,850 – $339,601, from 12 comparable Absecon sales in the past 18 months, at this home's 1,146 sq ft.

Step 2 · The Director's Ratio

62.77%

The state's official measure of how far Absecon assessments sit below market value — republished every October, applied town-wide. A $296,070 home should be assessed near $185,843.

Step 3 · Assessed value

$170,000

Set at the last town-wide revaluation and mostly frozen since. That's $15,843 below what the ratio math suggests (8.5%).

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

$3.517 per $100 assessed

$1.737 Schools · 49% $0.611 County · 17% $1.169 Town · 33%

Step 5 · The bill

$5,979/yr
Public schools$2,953
Atlantic County$1,039
Town of Absecon$1,987
Absecon average$6,048

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

Town median 51.4%
This home · 57.4%

34%78%

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)

AddressSoldPriceSq ftRatio
33 NATALIE TERRACE2025-10$294,0001,16548.6%
233 BAYVIEW DRIVE2025-07$325,0001,07453.1%
219 HURON AVE2025-04$335,0001,16843.0%
817 SHELBURNE AVE2025-04$313,0001,42256.9%
5 SHADY LANE2025-10$390,0001,23239.1%
1104 BREAKERS AVE2025-01$330,0001,46156.8%
310 PINE ST2025-11$210,0001,41675.1%
210 COOLIDGE AVE2025-12$443,0001,27648.8%
629 WOODLAND AVE2026-04$250,0001,29664.4%
9 CORDOVA DR2025-07$395,1001,50140.3%
112 WOODCREST AVE2025-08$344,0001,45656.0%
1109 NEW YORK AVE2025-01$324,0001,20058.0%

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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 →