The Fair Share Report
16 Pine Ave
Runnemede, NJ 08078
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 $338,103 – $419,304, from 12 comparable Runnemede sales in the past 18 months, at this home's 1,988 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Runnemede assessments sit below market value — republished every October, applied town-wide. A $378,007 home should be assessed near $207,715.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $70,315 below what the ratio math suggests (33.9%).
Step 4 · The tax rate — same for every Runnemede home
$2.421 Schools · 51% $0.953 County · 20% $1.406 Town · 29%
Step 5 · The bill
This home vs. every recent Runnemede sale · assessed ÷ market
27%70%
Keep quiet and enjoy it
This home's assessment ratio sits below the Runnemede 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 |
|---|---|---|---|---|
| 136 JOHNSON AVE | 2025-02 | $324,000 | 2,030 | 55.2% |
| 841 W 3RD AVE | 2025-08 | $480,000 | 2,004 | 38.2% |
| 901 CENTRAL AVE | 2025-07 | $340,000 | 1,904 | 54.6% |
| 548 WILLIAMS AVE | 2025-10 | $399,900 | 1,896 | 41.3% |
| 707 HIRSCH AVE | 2025-02 | $355,000 | 1,867 | 59.2% |
| 528 HIRSCH AVE | 2025-10 | $360,000 | 2,040 | 49.1% |
| 617 SINGLEY AVE | 2025-01 | $308,000 | 1,848 | 51.7% |
| 809 W 3RD AVE | 2025-06 | $425,000 | 2,080 | 43.1% |
| 55 E EVESHAM RD | 2025-11 | $360,000 | 2,152 | 46.0% |
| 116 KNIGHT AVE | 2025-04 | $392,000 | 1,760 | 40.9% |
| 80 KNIGHT AVE | 2025-01 | $330,000 | 1,872 | 48.2% |
| 525 W EVESHAM RD | 2026-01 | $283,000 | 1,664 | 50.7% |
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