The Fair Share Report
149 Kenton Ave
Pitman, NJ 08071
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 $295,000 – $435,000, from 12 comparable Pitman sales in the past 18 months.
Step 2 · The Director's Ratio
The state's official measure of how far Pitman assessments sit below market value — republished every October, applied town-wide. A $375,000 home should be assessed near $274,913.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $233,313 below what the ratio math suggests (84.9%).
Step 4 · The tax rate — same for every Pitman home
$2.089 Schools · 58% $0.582 County · 16% $0.924 Town · 26%
This home's own bill implies $2.995 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 Pitman sale · assessed ÷ market
4%90%
Keep quiet and enjoy it
This home's assessment ratio sits below the Pitman pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 510 ELM AVE | 2025-04 | $295,000 | 1,436 | 94.7% |
| 401 N BROADWAY | 2025-07 | $300,000 | 1,820 | 72.8% |
| 340 LEXINGTON AVE | 2025-03 | $240,000 | 1,390 | 125.7% |
| 138 N FERNWOOD AVE | 2025-11 | $385,000 | 1,064 | 63.4% |
| 420 TUOHY AVE | 2025-11 | $430,000 | 1,604 | 56.3% |
| 412 ALCYON BLVD | 2026-04 | $375,000 | 1,648 | 65.5% |
| 141 CRAFTON AVE | 2025-11 | $520,000 | 2,291 | 70.8% |
| 238 CRAFTON AVE | 2025-04 | $320,000 | 1,230 | 75.4% |
| 503 HUDSON AVE | 2025-02 | $436,000 | 2,134 | 68.2% |
| 508 ALBERT AVE | 2025-12 | $400,000 | 1,763 | 60.4% |
| 28 S BRENTWOOD AVE | 2025-08 | $430,000 | 1,592 | 54.3% |
| 160 N WOODBURY AVE | 2026-03 | $250,000 | 776 | 68.5% |
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