The Fair Share Report

160 73rd St

Avalon, NJ 08060

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

≈ $7,698,435

Likely range $6,776,108 – $8,979,379, from 12 comparable Avalon sales in the past 18 months, at this home's 5,412 sq ft.

Step 2 · The Director's Ratio

54.28%

The state's official measure of how far Avalon assessments sit below market value — republished every October, applied town-wide. A $7,698,435 home should be assessed near $4,178,711.

Step 3 · Assessed value

$5,518,600

Set at the last town-wide revaluation and mostly frozen since. That's $1,339,889 above what the ratio math suggests (32.1%).

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

$0.607 per $100 assessed

$0.032 Schools · 5% $0.313 County · 52% $0.262 Town · 43%

Step 5 · The bill

$33,553/yr
Public schools$1,769
Cape May County$17,302
Town of Avalon$14,483
Avalon average$10,663

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

Town median 48.5%
This home · 71.7%

32%87%

A touch high — worth watching

This home's ratio sits above most of Avalon, but doesn't clear NJ's legal appeal line (62.42%).

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
4120 BAYBERRY ROAD2025-10$5,200,0005,17451.6%
165 71ST STREET2025-05$7,500,0004,16156.6%
415 20TH STREET2026-03$8,087,0004,94147.8%
7749 DUNE DRIVE2025-08$5,050,0004,15668.5%
135 77TH STREET2025-05$6,000,0004,30168.5%
313 76TH STREET2025-10$6,500,0004,37244.6%
140 77TH STREET2025-11$4,900,0003,88772.7%
4209 BAYBERRY ROAD2025-09$7,000,0004,21964.4%
94 E 24TH STREET2026-06$10,735,0004,09647.8%
19 HERON DRIVE2025-05$7,000,0003,99636.2%
93 W 13TH STREET2025-04$4,300,0003,97055.3%
7418 DUNE DRIVE2025-09$6,000,0004,21864.6%

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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 →