The Fair Share Report

183 13th St

Avalon, NJ 08053

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

≈ $2,292,809

Likely range $1,996,003 – $2,693,977, from 12 comparable Avalon sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

54.28%

The state's official measure of how far Avalon assessments sit below market value — republished every October, applied town-wide. A $2,292,809 home should be assessed near $1,244,537.

Step 3 · Assessed value

$1,250,800

Set at the last town-wide revaluation and mostly frozen since. That's $6,263 above what the ratio math suggests (0.5%).

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

$0.607 per $100 assessed

$0.032 Schools · 5% $0.313 County · 52% $0.262 Town · 43%

Step 5 · The bill

$7,605/yr
Public schools$401
Cape May County$3,921
Town of Avalon$3,282
Avalon average$10,663

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

Town median 48.5%
This home · 54.6%

32%70%

Paying about right

This home's ratio lands inside Avalon'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
420 24TH STREET2026-04$2,297,5002,15334.1%
118 28TH STREET2026-06$3,160,0002,29949.9%
267 35TH STREET2025-06$1,950,0002,19144.4%
256 42ND STREET2026-04$2,400,0002,23960.9%
364 41ST STREET2025-07$1,900,0001,95241.2%
315 79TH STREET2026-03$2,400,0001,97836.9%
6801 OCEAN DRIVE2025-03$2,320,0002,02747.8%
2026 SIXTH AVENUE2025-07$1,850,0002,04840.0%
223 24TH STREET2025-07$2,650,0002,29445.3%
367 21ST STREET2025-10$2,380,0002,20037.7%
1838 DUNE DRIVE2026-06$2,800,0001,95939.2%
212 25TH STREET2026-03$1,800,0001,85648.5%

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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 →