The Fair Share Report
1707 E Dr
Ventnor, NJ 08406
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 $428,600 – $1,158,275, from 12 comparable Ventnor sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Ventnor assessments sit below market value — republished every October, applied town-wide. A $760,957 home should be assessed near $376,978.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $47,578 below what the ratio math suggests (12.6%).
Step 4 · The tax rate — same for every Ventnor home
$0.806 Schools · 29% $0.740 County · 26% $1.277 Town · 45%
Step 5 · The bill
This home vs. every recent Ventnor sale · assessed ÷ market
23%82%
Paying about right
This home's ratio lands inside Ventnor's normal band. The drift hasn't singled it out — no case for a tax appeal.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 6324 VILLA COURT | 2025-04 | $572,184 | 2,013 | 66.2% |
| 5200 BOARDWALK | 2025-04 | $698,204 | 1,810 | 38.6% |
| 819 N SURREY AVE | 2025-08 | $430,000 | 1,806 | 54.9% |
| 124 N NEWPORT AVE | 2026-02 | $950,000 | 1,996 | 32.1% |
| 123 S LITTLE ROCK AVE | 2025-06 | $1,333,000 | 2,265 | 49.1% |
| 125 S LITTLE ROCK AVE | 2025-05 | $1,325,000 | 2,265 | 49.5% |
| 400 BERKSHIRE DRIVE | 2025-07 | $425,000 | 1,576 | 36.8% |
| 1A N NASHVILLE AVE | 2026-05 | $950,000 | 1,600 | 43.6% |
| 112 S WEYMOUTH AVE | 2025-12 | $1,300,000 | 2,231 | 51.0% |
| 6301 VILLA COURT | 2025-01 | $925,000 | 2,407 | 54.0% |
| 5200 BOARDWALK | 2025-10 | $782,500 | 1,510 | 57.0% |
| 5200 BOARDWALK | 2025-07 | $698,000 | 1,510 | 36.4% |
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