The Fair Share Report

1187 Sharp Rd

Vineland, NJ 08360

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

≈ $272,796

Likely range $216,753 – $330,255, from 12 comparable Vineland sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

62.10%

The state's official measure of how far Vineland assessments sit below market value — republished every October, applied town-wide. A $272,796 home should be assessed near $169,406.

Step 3 · Assessed value

$134,300

Set at the last town-wide revaluation and mostly frozen since. That's $35,106 below what the ratio math suggests (20.7%).

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

$3.306 per $100 assessed

$0.860 Schools · 26% $1.284 County · 39% $1.162 Town · 35%

Step 5 · The bill

$4,444/yr
Public schools$1,156
Cumberland County$1,726
Town of Vineland$1,562
Vineland average$5,369

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

Town median 50.9%
This home · 49.2%

35%77%

Paying about right

This home's ratio lands inside Vineland'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
5716 INDEPENDENCE RD2026-02$155,0001,45367.5%
448 E OAK RD2026-06$170,0001,43079.6%
1701 W OAK RD2025-03$283,2501,40948.0%
544 MAYFAIR ST2026-03$235,0001,28852.0%
1410 E SHERMAN AVE2026-03$164,0001,29074.9%
114 AXTELL AVE2025-04$247,0001,37250.1%
2984 PALERMO AVE2025-08$215,0001,28553.8%
584 OVERBROOK RD2026-03$338,0001,36639.4%
1250 MAGNOLIA RD2025-04$326,8051,40448.0%
328 RIVERSIDE DR2025-09$300,0001,43647.6%
36 S WEST AVE2026-06$250,0001,38049.6%
432 NEW MAGNOLIA RD2025-07$323,0001,37144.3%

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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 →