The Fair Share Report

14 Devon Ct

Dennis, NJ 08210

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

≈ $588,614

Likely range $465,960 – $865,578, from 12 comparable Dennis sales in the past 18 months, at this home's 3,445 sq ft.

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 $588,614 home should be assessed near $390,133.

Step 3 · Assessed value

$410,600

Set at the last town-wide revaluation and mostly frozen since. That's $20,467 above what the ratio math suggests (5.2%).

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

$9,169/yr
Public schools$6,702
Cape May County$1,355
Town of Dennis$1,111
Dennis average$4,091

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

Town median 58.3%
This home · 69.8%

42%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
15 ELIZABETH LA2025-05$440,0003,01889.6%
7 MEADOW CREEK DR2025-03$415,0003,30078.5%
18 BUCKTHORN LANE2025-10$875,0003,02247.9%
131 HAGEN RD2025-12$550,0003,21976.1%
176 S RAVENWOOD DR2026-05$700,0002,78654.5%
8 KELLY CT2026-06$559,0002,30358.4%
81 HOLLY GLEN LA2026-02$315,0002,53699.4%
42 ROBIN DR2025-04$449,0002,38557.9%
15 DEVON CT2026-05$600,0002,00050.0%
48 LAKE DR2025-10$550,0003,26753.3%
651 PETERSBURG RD2025-07$420,0002,62254.4%
15 HALBE LA EAST2025-08$560,0002,14448.2%

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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 →