The Fair Share Report

159 Webb Rd

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

≈ $338,189

Likely range $312,080 – $386,784, 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 $338,189 home should be assessed near $212,281.

Step 3 · Assessed value

$168,000

Set at the last town-wide revaluation and mostly frozen since. That's $44,281 below what the ratio math suggests (20.9%).

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%

Step 5 · The bill

$5,909/yr
Public schools$2,918
Atlantic County$1,026
Town of Absecon$1,964
Absecon average$6,048

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

Town median 51.4%
This home · 49.7%

34%78%

Paying about right

This home's ratio lands inside Absecon'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
817 SHELBURNE AVE2025-04$313,0001,42256.9%
629 WOODLAND AVE2026-04$250,0001,29664.4%
14 KESLER AVE2026-03$255,0001,55760.0%
112 WOODCREST AVE2025-08$344,0001,45656.0%
1104 BREAKERS AVE2025-01$330,0001,46156.8%
703 BREAKERS AVE2025-08$345,0001,53653.4%
300 PITNEY ROAD2025-07$335,0001,44652.3%
15 W ILLINOIS AVE2025-06$390,0001,45149.5%
9 CORDOVA DR2025-07$395,1001,50140.3%
310 PINE ST2025-11$210,0001,41675.1%
1110 BREAKERS AVE2026-02$365,0001,55259.1%
108 VASSAR SQUARE2025-04$407,9001,71052.8%

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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 →