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.
This home's full record →Check another house →
Step 1 · Market value
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
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
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
$1.568 Schools · 73% $0.317 County · 15% $0.260 Town · 12%
Step 5 · The bill
This home vs. every recent Dennis sale · assessed ÷ market
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)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 45 OCEAN VIEW DR | 2025-02 | $200,000 | 1,296 | 83.7% |
| 41 SUNNY LA | 2025-05 | $355,000 | 1,296 | 47.5% |
| 142 DENNISVILLE RD | 2025-12 | $199,000 | 1,334 | 90.0% |
| 14 CEDAR DR | 2025-02 | $335,000 | 1,516 | 58.3% |
| 12 HALL AVE | 2026-06 | $200,000 | 1,574 | 95.7% |
| 7 MIRANDA LA | 2025-09 | $445,000 | 1,428 | 47.9% |
| 1241 RT 47 | 2025-03 | $180,000 | 1,383 | 86.6% |
| 342 MAIN ST | 2025-04 | $425,000 | 1,640 | 53.1% |
| 1104 RT 83 | 2025-07 | $195,000 | 1,078 | 94.8% |
| 62 CEDAR DR | 2025-04 | $468,000 | 1,293 | 50.6% |
| 785 CRT HSE-SO DENNIS RD | 2025-07 | $280,000 | 1,288 | 60.6% |
| 291 MAIN ST | 2025-10 | $150,000 | 980 | 99.3% |
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