The Fair Share Report

161 E Ave

Woodstown, NJ 08098

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

≈ $481,469

Likely range $454,284 – $529,616, from 12 comparable Woodstown sales in the past 18 months, at this home's 2,472 sq ft.

Step 2 · The Director's Ratio

70.08%

The state's official measure of how far Woodstown assessments sit below market value — republished every October, applied town-wide. A $481,469 home should be assessed near $337,413.

Step 3 · Assessed value

$254,200

Set at the last town-wide revaluation and mostly frozen since. That's $83,213 below what the ratio math suggests (24.7%).

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

$4.152 per $100 assessed

$1.889 Schools · 45% $1.378 County · 33% $0.885 Town · 21%

This home's own bill implies $4.055 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).

Step 5 · The bill

$10,307/yr
Public schools$4,689
Salem County$3,421
Town of Woodstown$2,197
Woodstown average$8,924

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

Town median 58.1%
This home · 52.8%

43%86%

Paying about right

This home's ratio lands inside Woodstown'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
205 E MILLBROOKE AVE2025-04$419,0002,28048.2%
10 CHESTNUT DR2025-07$475,0002,80665.1%
109 WASHINGTON ST2025-09$385,0001,79762.1%
1 KRESSWOLD LANE2025-04$350,0001,79755.4%
31 W GRANT ST2025-09$275,0001,73658.4%
226 BORTON DR2025-05$385,0001,65050.4%
63 WYNNWOOD ST2025-11$395,0002,14369.0%
17 W GRANT ST2025-02$305,0001,63865.6%
29 KINGSBERRY LANE2026-06$580,0002,70260.4%
51 MAPLE COURT2025-12$347,5001,75357.5%
371 BAILEY ST REAR2026-04$176,4753.0%
18 ROCKWELL LANE2025-01$525,0002,84864.3%

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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 →