The Fair Share Report

17 Pointers Auburn Rd

Oldmans, NJ 08085

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

≈ $357,664

Likely range $213,525 – $460,274, from 12 comparable Oldmans sales in the past 18 months, at this home's 2,240 sq ft.

Step 2 · The Director's Ratio

80.69%

The state's official measure of how far Oldmans assessments sit below market value — republished every October, applied town-wide. A $357,664 home should be assessed near $288,599.

Step 3 · Assessed value

$237,100

Set at the last town-wide revaluation and mostly frozen since. That's $51,499 below what the ratio math suggests (17.8%).

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

$2.699 per $100 assessed

$1.223 Schools · 45% $1.279 County · 47% $0.197 Town · 7%

Step 5 · The bill

$6,399/yr
Public schools$2,900
Salem County$3,033
Town of Oldmans$467
Oldmans average$5,627

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

Town median 72.1%
This home · 66.3%

43%121%

Paying about right

This home's ratio lands inside Oldmans'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
102 PENNSVL-PEDRICKTN RD2026-03$350,0002,19270.3%
2 KATIE DRIVE2025-06$699,90076.8%
2 KATIE DRIVE2025-03$600,00089.7%
342 STRAUGHNS MILL RD2025-10$159,0001,668113.3%
8-8A PEDRICKTN-WOODSTN RD2025-08$165,0002,726115.3%
8-8A PEDRICKTN-WOODSTN RD2025-02$187,0002,726101.8%
118 POINTERS-AUBURN RD2025-12$475,0002,11248.6%
52 PEDRICKTN-WOODSTN RD2024-12$400,0002,28279.0%
85 NEW RD2025-10$360,0001,75248.4%
34 MAIN ST AUBURN2025-12$293,4802,13460.9%
25 POINTERS-AUBURN RD2025-01$335,0001,56063.7%
267 STRAUGHNS MILL ROAD2025-07$410,0001,47558.8%

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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 →