The Fair Share Report
18 Smith Ter
Clementon, NJ 08043
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 $144,920 – $322,039, from 12 comparable Clementon 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 Clementon assessments sit below market value — republished every October, applied town-wide. A $206,730 home should be assessed near $129,000.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $26,800 below what the ratio math suggests (20.8%).
Step 4 · The tax rate — same for every Clementon home
$1.916 Schools · 40% $0.907 County · 19% $1.953 Town · 41%
Step 5 · The bill
This home vs. every recent Clementon sale · assessed ÷ market
26%84%
Paying about right
This home's ratio lands inside Clementon'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 |
|---|---|---|---|---|
| 220 VAN HORN AVE | 2026-02 | $182,000 | 1,170 | 77.4% |
| 46 WATSON BLVD | 2026-03 | $267,000 | 1,104 | 42.1% |
| 225 PENNSYLVANIA AVE | 2026-04 | $315,000 | 1,000 | 44.8% |
| 56 KNIGHT AVE | 2025-05 | $120,000 | 864 | 74.4% |
| 11 DOVER COURT | 2026-05 | $195,000 | 1,240 | 30.4% |
| 131 CHELSEA CIRCLE | 2025-11 | $170,000 | 1,240 | 35.2% |
| 93 HIGGINS AVE | 2025-07 | $185,500 | 1,008 | 86.6% |
| 20 SHETLAND RD | 2026-01 | $227,750 | 1,246 | 31.8% |
| 50 ERIE AVE | 2025-05 | $252,500 | 954 | 44.2% |
| 19 DAVIS AVE | 2025-09 | $255,000 | 1,288 | 57.0% |
| 40 TROUT AVE | 2025-05 | $300,000 | 1,112 | 41.4% |
| 18 TROWBRIDGE LANE | 2026-04 | $175,000 | 1,296 | 57.1% |
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