The Fair Share Report

16 Pine Dr

Southampton, NJ 08088

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

≈ $474,735

Likely range $427,054 – $552,496, from 12 comparable Southampton sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

50.40%

The state's official measure of how far Southampton assessments sit below market value — republished every October, applied town-wide. A $474,735 home should be assessed near $239,266.

Step 3 · Assessed value

$222,300

Set at the last town-wide revaluation and mostly frozen since. That's $16,966 below what the ratio math suggests (7.1%).

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

$3.353 per $100 assessed

$2.280 Schools · 68% $0.618 County · 18% $0.455 Town · 14%

Step 5 · The bill

$7,454/yr
Public schools$5,068
Burlington County$1,374
Town of Southampton$1,011
Southampton average$6,473

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

Town median 42.2%
This home · 46.8%

27%63%

Paying about right

This home's ratio lands inside Southampton'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
524 MEADOWYCK LANE2026-04$615,0002,40047.6%
13 RETREAT ROAD2025-09$555,0002,28048.7%
42 ALLENTOWN ROAD2025-05$600,0002,10847.4%
204 RIDGE ROAD2025-11$475,0001,95252.7%
504 PAIGE DRIVE2026-03$575,0002,55047.1%
2260 ROUTE 2062025-03$415,0001,84850.8%
25 BLUEBERRY RUN2025-05$615,0002,20849.8%
1 CAROLYN LANE2026-03$195,0001,792129.8%
536 RIDGE ROAD2025-04$439,0002,14051.3%
516 MEADOWYCK LANE2026-01$335,0001,76471.4%
124 BUDDTOWN ROAD2025-05$430,0002,79662.6%
12 ROBBINS WAY2025-05$525,0002,46446.0%

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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 →