The Fair Share Report

181 Fenwick Rd

Mannington, 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

≈ $202,187

Likely range $102,284 – $232,688, from 8 comparable Mannington sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

80.22%

The state's official measure of how far Mannington assessments sit below market value — republished every October, applied town-wide. A $202,187 home should be assessed near $162,194.

Step 3 · Assessed value

$61,900

Set at the last town-wide revaluation and mostly frozen since. That's $100,294 below what the ratio math suggests (61.8%).

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

$3.559 per $100 assessed

$2.026 Schools · 56% $1.278 County · 35% $0.299 Town · 8%

Step 5 · The bill

$2,231/yr
Public schools$1,254
Salem County$791
Town of Mannington$185
Mannington average$7,073

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

Town median 58.7%
This home · 30.6%

21%98%

Paying about right

This home's ratio lands inside Mannington'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
114 PENTON STATION RD2025-08$196,00079236.4%
466 ALLOWAY WOODSTOWN RD2025-10$150,0001,01264.3%
204 COMPROMISE RD2025-12$312,5001,50458.7%
209 MANN-YORKETOWN RD2025-02$285,0001,02665.4%
60 MANN-YORKETOWN RD2025-11$176,0281,30579.6%
67 COMPROMISE RD2026-04$294,0001,00849.1%
303 ROUTE 452025-10$155,0001,16492.1%
241 FENWICK RD2025-07$325,0001,09255.1%

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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 →