The Fair Share Report

122 E Ave

Dennis, NJ 08270

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

≈ $291,087

Likely range $187,721 – $381,917, from 12 comparable Dennis sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

66.28%

The state's official measure of how far Dennis assessments sit below market value — republished every October, applied town-wide. A $291,087 home should be assessed near $192,932.

Step 3 · Assessed value

$142,500

Set at the last town-wide revaluation and mostly frozen since. That's $50,432 below what the ratio math suggests (26.1%).

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

$2.145 per $100 assessed

$1.568 Schools · 73% $0.317 County · 15% $0.260 Town · 12%

Step 5 · The bill

$3,343/yr
Public schools$2,444
Cape May County$494
Town of Dennis$405
Dennis average$4,091

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

Town median 58.3%
This home · 49.0%

32%99%

Paying about right

This home's ratio lands inside Dennis'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
45 OCEAN VIEW DR2025-02$200,0001,29683.7%
41 SUNNY LA2025-05$355,0001,29647.5%
142 DENNISVILLE RD2025-12$199,0001,33490.0%
14 CEDAR DR2025-02$335,0001,51658.3%
12 HALL AVE2026-06$200,0001,57495.7%
7 MIRANDA LA2025-09$445,0001,42847.9%
1241 RT 472025-03$180,0001,38386.6%
342 MAIN ST2025-04$425,0001,64053.1%
1104 RT 832025-07$195,0001,07894.8%
62 CEDAR DR2025-04$468,0001,29350.6%
785 CRT HSE-SO DENNIS RD2025-07$280,0001,28860.6%
291 MAIN ST2025-10$150,00098099.3%

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 →