The Fair Share Report

159 Coolidge Ave

Absecon, NJ 08201

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

≈ $308,272

Likely range $265,431 – $362,541, from 12 comparable Absecon sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

62.77%

The state's official measure of how far Absecon assessments sit below market value — republished every October, applied town-wide. A $308,272 home should be assessed near $193,502.

Step 3 · Assessed value

$119,400

Set at the last town-wide revaluation and mostly frozen since. That's $74,102 below what the ratio math suggests (38.3%).

Step 4 · The tax rate — same for every Absecon home

$3.517 per $100 assessed

$1.737 Schools · 49% $0.611 County · 17% $1.169 Town · 33%

This home's own bill implies $3.308 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$3,949/yr
Public schools$1,951
Atlantic County$686
Town of Absecon$1,313
Absecon average$6,048

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

Town median 51.4%
This home · 38.7%

27%78%

Keep quiet and enjoy it

This home's assessment ratio sits below the Absecon 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)

AddressSoldPriceSq ftRatio
33 NATALIE TERRACE2025-10$294,0001,16548.6%
219 HURON AVE2025-04$335,0001,16843.0%
5 SHADY LANE2025-10$390,0001,23239.1%
5 W LEE AVE2025-05$365,0001,46748.4%
1 W LEE AVE2025-05$379,0001,46752.7%
243 PENNSYLVANIA AVE2025-08$178,5001,24281.0%
236 E WYOMING AVE2026-03$280,0001,21649.4%
310 PINE ST2025-11$210,0001,41675.1%
210 COOLIDGE AVE2025-12$443,0001,27648.8%
104 LAUREL CIRCLE2025-05$365,0001,28039.1%
817 SHELBURNE AVE2025-04$313,0001,42256.9%
1104 BREAKERS AVE2025-01$330,0001,46156.8%

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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 →