The Fair Share Report

159 Johnson Ave

Carneys Point, NJ 08069

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

≈ $375,394

Likely range $328,965 – $401,104, from 12 comparable Carneys Point sales in the past 18 months, at this home's 2,240 sq ft.

Step 2 · The Director's Ratio

107.29%

The state's official measure of how far Carneys Point assessments sit below market value — republished every October, applied town-wide. A $375,394 home should be assessed near $402,760.

Step 3 · Assessed value

$305,000

Set at the last town-wide revaluation and mostly frozen since. That's $97,760 below what the ratio math suggests (24.3%).

Step 4 · The tax rate — same for every Carneys Point home

$2.409 per $100 assessed

$0.870 Schools · 36% $1.026 County · 43% $0.513 Town · 21%

Step 5 · The bill

$7,351/yr
Public schools$2,655
Salem County$3,131
Town of Carneys Point$1,565
Carneys Point average$5,838

This home vs. every recent Carneys Point sale · assessed ÷ market

Town median 90.2%
This home · 81.2%

70%124%

Paying about right

This home's ratio lands inside Carneys Point'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
83 FENTON DRIVE2025-09$375,0002,25692.6%
7 PANAMA CT2026-05$425,0002,53684.0%
65 GRANITE LANE2025-10$435,0002,36095.8%
234 MARSDEN AVE2026-01$159,0001,680140.9%
57 OAK LANE2025-07$467,0002,60897.2%
340 JOHNSON ST2025-12$330,0001,87291.9%
412 ERIE AVE2025-11$335,0002,786108.8%
119 FIELD ST2025-06$330,0001,90689.7%
313 JOHNSON ST2025-11$325,0002,21395.9%
109 CENTRAL SCHOOLHOUSE R2025-03$360,0001,89296.7%
588 ORCHARD ROAD2025-04$250,0002,348134.4%
395 HICKORY AVE2026-03$325,0002,06294.2%

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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 →