The Fair Share Report
1228 First Ave
Avalon, NJ 08033
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 $2,510,406 – $3,524,749, from 12 comparable Avalon sales in the past 18 months, at this home's 2,342 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Avalon assessments sit below market value — republished every October, applied town-wide. A $3,187,461 home should be assessed near $1,730,154.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $342,354 below what the ratio math suggests (19.8%).
Step 4 · The tax rate — same for every Avalon home
$0.032 Schools · 5% $0.313 County · 52% $0.262 Town · 43%
Step 5 · The bill
This home vs. every recent Avalon sale · assessed ÷ market
32%70%
Paying about right
This home's ratio lands inside Avalon'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 |
|---|---|---|---|---|
| 273 7TH STREET | 2025-11 | $2,600,000 | 2,320 | 43.3% |
| 108 27TH STREET | 2025-07 | $3,050,000 | 2,241 | 38.1% |
| 178 37TH STREET | 2025-10 | $3,500,000 | 2,561 | 47.2% |
| 162 33RD STREET | 2026-03 | $3,260,000 | 2,574 | 51.0% |
| 58 E 15TH STREET | 2026-03 | $4,595,000 | 2,495 | 44.2% |
| 141 8TH STREET | 2026-01 | $2,500,000 | 2,540 | 55.0% |
| 256 42ND STREET | 2026-04 | $2,400,000 | 2,239 | 60.9% |
| 175 12TH STREET | 2025-11 | $1,950,000 | 2,016 | 58.1% |
| 118 28TH STREET | 2026-06 | $3,160,000 | 2,299 | 49.9% |
| 7789 DUNE DRIVE | 2025-07 | $3,600,000 | 2,139 | 51.1% |
| 10 E 14TH STREET | 2026-05 | $4,000,000 | 2,392 | 50.0% |
| 10 E 14TH STREET | 2025-09 | $3,600,000 | 2,392 | 55.6% |
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