The Fair Share Report
1229 Erial Rd
Pine Hill, NJ 08021
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 $231,632 – $365,483, from 12 comparable Pine Hill 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 Pine Hill assessments sit below market value — republished every October, applied town-wide. A $289,882 home should be assessed near $149,985.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $127,815 above what the ratio math suggests (85.2%).
Step 4 · The tax rate — same for every Pine Hill home
$2.893 Schools · 53% $1.075 County · 20% $1.539 Town · 28%
This home's own bill implies $3.011 per $100 — well off the general rate. That usually means the town revalued since the last bill.
Step 5 · The bill
This home vs. every recent Pine Hill sale · assessed ÷ market
71%130%
Looks meaningfully over-assessed
Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (59.50%) — roughly $7,039/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 85 W 1ST AVE (REAR) | 2025-05 | $295,000 | 1,400 | 95.9% |
| 29 SHERI WAY | 2026-02 | $389,000 | 1,448 | 89.7% |
| 33 MAC KNIGHT DR | 2026-04 | $315,000 | 1,400 | 85.5% |
| 4 MASON COURT | 2026-04 | $319,000 | 1,287 | 90.5% |
| 9 MONROE COURT | 2025-05 | $355,000 | 1,384 | 91.7% |
| 25 MADISON AVE | 2025-03 | $325,000 | 1,269 | 92.0% |
| 804 MASON RUN | 2026-04 | $220,000 | 1,536 | 82.3% |
| 407 MASON RUN | 2026-04 | $199,900 | 1,536 | 88.1% |
| 1005 MASON RUN | 2025-05 | $200,000 | 1,536 | 89.0% |
| 705 MASON RUN | 2025-04 | $142,500 | 1,536 | 130.7% |
| 62 GRANT LANE | 2026-02 | $270,000 | 1,360 | 95.3% |
| 64 GRANT LANE | 2025-06 | $280,000 | 1,360 | 97.1% |
Is this your house?
Run your own report →