The Fair Share Report
116 Progress Ave
Woodbury, NJ 08096
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 $252,604 – $282,882, from 12 comparable Woodbury sales in the past 18 months, at this home's 1,261 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Woodbury assessments sit below market value — republished every October, applied town-wide. A $272,773 home should be assessed near $168,083.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $41,383 below what the ratio math suggests (24.6%).
Step 4 · The tax rate — same for every Woodbury home
$2.212 Schools · 45% $0.682 County · 14% $1.971 Town · 41%
Step 5 · The bill
This home vs. every recent Woodbury sale · assessed ÷ market
36%76%
Paying about right
This home's ratio lands inside Woodbury'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 |
|---|---|---|---|---|
| 112 PROGRESS AVE | 2025-12 | $290,000 | 1,334 | 54.7% |
| 341 W CENTRE ST | 2025-08 | $350,000 | 1,364 | 42.3% |
| 543 HIGH ST | 2026-05 | $285,000 | 1,159 | 51.2% |
| 415 QUEEN ST | 2024-12 | $260,000 | 1,159 | 55.0% |
| 437 E BARBER AVE | 2026-02 | $250,000 | 1,248 | 9.3% |
| 425 GLOVER ST | 2024-12 | $190,000 | 1,113 | 53.2% |
| 106 S GIRARD ST | 2026-04 | $375,000 | 1,320 | 39.8% |
| 120 PROGRESS AVE | 2026-01 | $280,000 | 1,547 | 50.1% |
| 364 DRISCOLL AVE | 2025-07 | $236,000 | 1,422 | 63.2% |
| 48 BELLEVUE AVE | 2026-05 | $150,000 | 1,289 | 69.9% |
| 306 W CENTRE ST | 2026-06 | $289,000 | 1,386 | 45.8% |
| 142 HIGH ST | 2025-11 | $310,000 | 1,432 | 41.0% |
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