The Fair Share Report
147 Cedar La E
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.
This home's full record →Check another house →
Step 1 · Market value
Likely range $369,623 – $706,017, 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 $573,321 home should be assessed near $379,997.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $49,497 below what the ratio math suggests (13.0%).
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
41%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 |
|---|---|---|---|---|
| 107 W BEAVER DR | 2025-10 | $590,000 | 2,008 | 45.2% |
| 8 KELLY CT | 2026-06 | $559,000 | 2,303 | 58.4% |
| 15 DEVON CT | 2026-05 | $600,000 | 2,000 | 50.0% |
| 131 HAGEN RD | 2025-12 | $550,000 | 3,219 | 76.1% |
| 81 HOLLY GLEN LA | 2026-02 | $315,000 | 2,536 | 99.4% |
| 42 ROBIN DR | 2025-04 | $449,000 | 2,385 | 57.9% |
| 176 S RAVENWOOD DR | 2026-05 | $700,000 | 2,786 | 54.5% |
| 2044 RT 9 | 2026-01 | $450,000 | 2,164 | 46.9% |
| 238 FIDLER RD | 2026-01 | $300,000 | 2,218 | 65.3% |
| 15 ELIZABETH LA | 2025-05 | $440,000 | 3,018 | 89.6% |
| 388 KINGS HWY | 2025-04 | $600,000 | 1,824 | 53.7% |
| 15 HALBE LA EAST | 2025-08 | $560,000 | 2,144 | 48.2% |
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